Xtremepush Secures Nearly $13 Million Investment from AshGrove Capital to Fuel Growth
Xtremepush Secures Significant Funding from AshGrove Capital
Xtremepush, a company specializing in AI-powered CRM and gamification solutions, has recently secured $12.6 million in funding from its long-term investment partner, AshGrove Capital. This new capital injection is intended to support the company’s plans for broader market expansion.
Strategic Financing to Boost Expansion and Innovation
The funding comes in the form of a flexible debt facility provided by AshGrove Capital, a firm focused on investing in B2B software enterprises. Xtremepush plans to use these funds to accelerate both organic growth and strategic acquisitions. The investment will also help solidify Xtremepush’s role as a leading integrated CRM and gamification platform, especially in regulated industries like financial services, e-commerce, and publishing.
This financing continues a successful five-year partnership between Xtremepush and AshGrove Capital, highlighting the investor’s ongoing confidence in the company’s unified technology platform. The new capital will be allocated to expanding operations, enhancing research and development efforts, growing international presence, and pursuing acquisitions to broaden the company’s offerings.
Future Growth and Market Expansion Plans
With this recent funding, Xtremepush is set to expand its footprint across several regulated markets. The company aims to invest further in research and innovation, explore new sector opportunities, strengthen its global reach, and drive targeted acquisitions aligned with its business model. In addition to AshGrove Capital, Xtremepush also enjoys support from technology-focused private equity investors including Grafton Capital and Bettor Capital.
Leadership Perspectives on the Investment
Tommy Kearns, CEO and co-founder of Xtremepush, expressed gratitude for AshGrove Capital’s sustained support over the past five years. He emphasized that this fresh capital will enable the company to advance its ambitious growth initiatives and speed up acquisition activities. Kearns also noted Xtremepush’s accelerating position as a leader in CRM and gamification, considering this renewed investment a strong endorsement of the company’s technology, leadership, and strategic direction.
On the investor side, Jonathon Ferguson, co-founder and partner at AshGrove Capital, described Xtremepush as a pioneering force in the CRM industry. He praised the company for regularly setting high standards and delivering tangible value to clients, many of whom maintain long-standing partnerships.
Ferguson added that the new funding reflects AshGrove Capital’s confidence in Xtremepush’s robust growth plans, seasoned leadership, and resilient organizational foundation. He concluded that this renewed partnership positions AshGrove well to support Xtremepush’s next phase as it strives to become a leading CRM provider in multiple regulated sectors.
