Invoke Solutions, a Waltham, Mass.-based provider of real-time online and mobile research services, has raised $7 million. North Atlantic Capital led the round, and was joined by return backers Bain Capital Ventures and BEV Capital. Existing shareholder BRM Capital was not listed in the press release. Invoke has now raised over $38 million in total VC funding since 1999.
Invoke Solutions, the premier provider of real-time online and mobile research technology and services, today announced that it received $7 million in funding led by Portland, ME based North Atlantic Capital and its existing investors Bain Capital and BEV Capital.
The financing comes as Invoke launches its Engage Family of Research Solutions, enabling them to deliver a broader array of quali-quant online and mobile research services to the market research industry. Invoke will use this funding to continue developing its unique enterprise feedback management platform and increase its delivery capabilities across all parts of the company as they expand their customer relationships on a global basis.
“This is an exciting time at Invoke as our new Engage Family of Solutions is being quickly embraced by our partners and customers, both in the
Invoke partners with many of the most innovative research organizations in the world including Millward Brown, Greenfield Online, C&R Research, and Harris Interactive to deliver a better participant experience and fast, usable insights for their clients. The company also directly serves a wide array of Fortune 1000 clients including Microsoft, Washington Mutual, Conagra, Dell, and Nestle to conduct better, faster, brand, communications, and product research in the US and Europe.
“We are excited to invest in Invoke Solutions because they possess the type of thinking and products that will make an impact in the market going forward as shown by the early success of their new product launches and recent awards“ says David Coit, Managing Director of North Atlantic Capital. “From the management team and current investors to the R & D and delivery teams, Invoke has demonstrated that they understand the market, have an executable plan to grow, and the pieces in place that will drive success. We're excited to be a part of Invoke's future success.“
The company's existing investors include Bain Capital Ventures, BEV Capital, and the BRM Group.
About Invoke SolutionsInvoke Solutions is the leading innovator of real-time researching technologies that help businesses gain instant insight into the opinions, views, and dynamics of their customers, employees, and other constituents. Unlike traditional, costly, and decades old research methodologies, Invoke's Engage Family of mobile and online research solutions have been developed specifically to provide a more engaging experience for participants and give businesses faster, more useful results. Learn more at www.invoke.com