LeapXpert Secures $20 Million in Series B Funding to Accelerate Growth Worldwide

LeapXpert, a pioneer in responsible business communication, has successfully announced a significant achievement with the closure of $20 million in Series B funding. This funding round witnessed the participation of notable investors, including Portage, Rockefeller Asset Management, Uncorrelated Ventures, and the Partnership Fund for New York City. This financial boost is expected to solidify LeapXpert's position in the market as it responds to increasing demand for its advanced communication platform among numerous financial institutions and Fortune 500 enterprises globally.

The momentum behind this funding comes at a pivotal time as LeapXpert strives for profitability, forecasting success within the current fiscal year. According to Ricky Lai, Partner at Portage Ventures and a new member of LeapXpert's Board of Directors, this investment is driven by the crucial capabilities LeapXpert's platform offers in managing governed communications across diverse messaging channels—a need that is becoming increasingly essential in modern workplaces.

LeapXpert's distinguished Communications Platform redefines business communication by allowing relationship managers to connect with clients across multiple preferred channels while ensuring adherence to governance, compliance, and security protocols. This cloud-based solution seamlessly integrates with both popular messaging applications such as iMessage, WhatsApp, SMS, Telegram, WeChat, Signal, and LINE, as well as corporate environments including Microsoft Teams and Salesforce. This dual-capability effectively bridges the gap between consumer-oriented communications and enterprise-level security requirements.

The recent financial backing is projected to fuel LeapXpert's ambitious growth trajectory as it meets the rising demand for its solutions. Dima Gutzeit, Founder, and CEO of LeapXpert, expresses optimism about expanding the company's reach while accelerating product innovation. He emphasizes the goal of empowering businesses to optimize their communication methods and fully leverage their relationship data for better decision-making.

As the appetite for governed communication rises beyond the financial sector, LeapXpert is also looking to expand its footprint in other vertical markets. Avi Pardo, Co-founder and Chief Business Officer, highlights their commitment to enhancing sales efforts, marketing initiatives, and partnerships across vital geographical regions. Ensuring customer satisfaction and success remains paramount as they continue to solidify their standing as trusted leaders in responsible business communication.

Earlier this year, LeapXpert was recognized in the inaugural Gartner Magic Quadrant for Digital Communications Governance and Archiving, highlighting its visionary approach to modern communication challenges. Additionally, the company ranked #113 on Deloitte's 2024 Fast 500 list, further acknowledging its rapid growth in the tech industry. LeapXpert's track record has earned it multiple accolades, including being named Microsoft Partner of the Year repeatedly and winning awards for best unified communications platforms.

Based in New York, with offices in London, Tel Aviv, and across Asia, LeapXpert continues to develop its communications solutions that resonate with enterprises worldwide. Hundreds of companies depend on LeapXpert's services daily to navigate the complexities of digital communications governance and ensure secure and compliant interactions within their organizations. With this significant funding boost and a clear vision for the future, LeapXpert is well-positioned to lead the charge in transforming business communications for enterprises globally.

Topics Business Technology)

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