Transaction

Transaction Details

Closed
October 1, 2019

Sector

Technology, Software

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GCA Advises In Mind Cloud on Its Growth Investment

GCA acted as exclusive financial advisor to In Mind Cloud, a fast-growing provider of a cloud-based manufacturing sales platform, on its growth investment led by Digital+ Partners, a leading technology growth investor.

Founded in 2012, In Mind Cloud offers a next-generation ‘Manufacturing X’ sales platform, which combines the power of CRM and CPQ (Configure, Price, Quote) with real-time manufacturing data, workflows and business intelligence. Manufacturing companies around the globe already rely on the platform to optimize their business models, achieving a step-change in top-line growth while also reducing production error rates and processing times by a factor of three.

Blue-chip customers across multiple manufacturing verticals such as Benteler in Germany, Mindray Medical in China and Netafim in Israel make use of In Mind Cloud’s platform. The total transaction volume on the ‘Manufacturing X’ platform has already exceeded $100M per week, highlighting how In Mind Cloud’s platform is emerging as the industry-standard backbone for manufacturing CRM.

With the Series B funding, In Mind Cloud is now looking to capitalize on its strong growth momentum and build up its sales and marketing organization across China, Germany and the US, while also continuing to make significant investments in global customer support and accelerating the company’s ambitious technology roadmap.

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