Boathouse Capital has completed a growth investment in Ontraport, a leading CRM and marketing automation software provider for small and medium businesses.
Ontraport, based in Santa Barbara, CA offers a highly-acclaimed suite of font-office solutions that provides all the capabilities that businesses need to operate and grow. Ontraport offers a comprehensive and integrated software platform to help companies grow and maintain their customer base as well as increase and automate engagement with existing customers. The company’s platform is an alternative to point-solutions for mid-sized businesses.
Boathouse partnered with Ontraport’s co-founder and CEO, Landon Ray, to complete the investment which will provide capital to support an expansion of the company’s sales and product development efforts.
"Ontraport is an outstanding product that has a very large and loyal user base which was partcularly attractive to us. The Ontraport team has succeeded in building a comprehensive CRM and marketing platform that caters to the needs and budget of the SMB community. We are excited to support Ontraport and leverage Boathouse’s experience growing SMB software companies,” remarked Andrew Olsen, Partner at Boathouse Capital.
Landon Ray, Founder and CEO of Ontraport said, "We are thrilled to partner with Boathouse Capital who share our passion for building great products, solid companies and for supporting entrepreneurs in achieving their goals."
Matt Carey, Senior Associate at Boathouse Capital said, "Boathouse is excited to partner with Ontraport in their next phase of growth. The company is led by a high-caliber management team poised to capitalize on a gap in the marketplace with their differentiated product offering and positioning.”