ReviewTrackers Raises $10M
ReviewTrackers, a Chicago-based provider of review and customer feedback solutions for businesses, announced a new growth fundraising round of $10M from PeakSpan Capital.
ReviewTrackers was founded just over seven years ago. The company started out as a few people crowded around a single desk and is now an organization serving tens of thousands of businesses. Since that time, the company has helped small, medium, and enterprise businesses across many industries monitor their reviews and customer feedback. This round of funding will further solidify ReviewTrackers’ presence in Chicago and expand its workforce to drive future growth. They will be hiring over 100 people to support team growth in downtown Chicago.
“We’ve been following ReviewTrackers for over two years and in a world of empty product claims from noisy competitors, we’ve been super impressed with their exceptional ability to capture large volumes of reviews while synthesizing them into actionable insights,” said Phil Dur, Co-Founder and Managing Partner at PeakSpan Capital.
“With consumers trusting online reviews more than ever, and businesses without adequate tools to manage them, we have a significant opportunity to step in and operationalize that process while driving significant revenue growth,” said Campbell.