I am very happy to announce that Sales Prodigy, one of the companies that got started in our office and that we invested in, was sold to Hootsuite today. Below you will find our press release.
CrossPacific Capital portfolio company Sales Prodigy acquired by Hootsuite.
VANCOUVER, BC – March 29, 2016 – CrossPacific Capital (formerly XPCP Management) portfolio company Sales Prodigy, a mobile app built to help sales organizations tap into social selling opportunities, announced today that it was acquired by Hootsuite, the most widely used platform for managing social media.
Sales Prodigy was founded by Mik Lernout in the summer of 2014 while he was an entrepreneur-in-residence at CrossPacific Capital in Vancouver. Over the past 18 months he built out the company to a revolutionary social selling tool for sales organizations.
CrossPacific Capital led Sales Prodigy’s only investment round and Managing Partner Marc van der Chijs has been on Sales Prodigy’s board from the beginning until the sale to Hootsuite. Sales Prodigy built its business out of CrossPacific Capital’s Vancouver offices.
CrossPacific Capital has a unique way of working with portfolio companies. The Canadian venture firm not only invests capital in the business but actively supports its portfolio companies and gives them the opportunity to work from their offices in Vancouver and Santa Clara.
- Learn more about CrossPacific Capital here: http://www.xpcp.ca/#about
Marc van der Chijs, @CrossPacific