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‘Rollick’ Secures $8.3 Million in Series A Funding

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October 12, 2018 by   1 Comment

Rollick, an affinity buying program and enterprise lead management solution for the powersports, RV, marine and industrial equipment industries, has closed $8.3 million in Series A funding. 

According to a press release, LiveOak Venture Partners led the round joined by additional new investors Anthem Venture Partners and ManchesterStory Group and existing investors Silverton, Autotech Ventures and Capital Factory. Krishna Srinivasan, founding partner of LiveOak Venture Partners will join the Rollick board of directors.

This brings the total capital invested in the company to almost $14 million. The latest round will be used to continue Rollick’s progress in the powersports and RV industry, and mirror those efforts in the marine and industrial industry to offer the full suite of Rollick products to dealers and manufacturers.
 
A portion of the investment was used to fund the acquisition of AVALA Marketing Group in late September. AVALA has provided digital strategy for manufacturers in the marine, RV and industrial equipment industries for decades, along with OEM-to-dealer marketing automation. The combined company offers manufacturers and retailers in distributed dealer networks with an effective end-to-end marketing solution.  
 
“We’re fortunate to have LiveOak, ManchesterStory and Anthem join our investment team,” said Bernie Brenner, founder and CEO of Rollick. “Krishna will be an incredible asset to our board of directors as well – he’s one of the most impressive venture capitalists I know, well-respected, and has deep experience in helping tech companies grow.”
 
For more information click here.
 
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One Response to “‘Rollick’ Secures $8.3 Million in Series A Funding”

  1. 'Rollick' Secures $8.3 Million in Series A Funding [Video] - MondoPlayer on October 12th, 2018 6:51 pm

    […] To see the original post and the Video, click here […]

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