CRM Web Solutions, the creators of ChildCareCRM®, the Leading Customer Relationship Management and Marketing SaaS Platform for the early childhood learning industry, Announces Growth Equity Investment from Growth Street Partners
DALLAS, Oct. 4, 2017 /PRNewswire/ -- Growth Street Partners has made a minority growth equity investment in CRM Web Solutions, the creators of ChildCareCRM®, the leading provider of customer relationship management and marketing SaaS for the early childhood learning industry. CRM Web Solutions' SaaS solution, known as ChildCareCRM®, allows early childhood learning center owners, directors, and marketing teams to improve their marketing effectiveness and convert more inquiries into enrollments.
"The partnership with Growth Street is an important milestone in the company's history. It will allow us to accelerate growth and to invest in our people and industry-leading product to deliver even greater value to our customers," said Chuck Gibbs, who is the CEO of CRM Web Solutions and co-founded the business with Ryan Hodges and Seth Martin in 2009.
The company's SaaS solution is used by over 2,200 early childhood learning centers throughout the U.S., Canada, Australia, and, more recently, New Zealand and the United Kingdom. Customers include single center owners and nationwide operators. "We are excited about the Growth Street partnership. Our organization has been a very happy ChildCareCRM® user since 2013 and is looking forward to benefitting from the accelerated product innovation and investment in the team that this venture should bring," explained Gregory Helwig, CEO of Kiddie Academy®.
"Growth Street is thrilled to partner with CRM Web Solutions," said Nathan Grossman, Co-Founder of Growth Street Partners. "The partnership will help the company meet the tremendous demand for customer relationship management and marketing software in the early childhood learning industry."
"The founders' deep domain knowledge makes them great partners for Growth Street and uniquely positions the company to deliver value to the entire spectrum of child care center operators," added Stephen Wolfe, Co-Founder of Growth Street Partners.
In conjunction with the investment, Stephen Wolfe and Nathan Grossman will join the Board of Directors, which will include Co-Founders Chuck Gibbs and Ryan Hodges.
CRM Web Solutions
CRM Web Solutions was founded in 2009 to develop and introduce to owners and directors a comprehensive, web-based customer relationship management and marketing system specifically designed for the early childhood learning industry. The software platform is the result of over 35 years of industry experience and delivers a simple-to-use, yet powerful, lead management system that drives results to an organization's bottom line. The product, ChildCareCRM®, has over 2,200 centers, schools, academies, and preschools as customers in the U.S., Canada, Australia, New Zealand, and the United Kingdom. To learn more about ChildCareCRM®, visit www.childcarecrm.com.
Growth Street Partners
Growth Street Partners provides early growth capital to vertically-focused, rapidly growing SaaS and technology-enabled services companies located in underserved U.S. markets. The firm partners with founders who lived the problem their business is now solving and targets investments of $3-10 million. To learn more about Growth Street, visit www.growthstreetpartners.com.
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