SaaS startup Plotline secures $2.6 million in seed funding from Elevation Capital
Plotline, a software-as-a-service (SaaS) startup, has successfully raised $2.6 million in seed funding from Elevation Capital, a venture capital firm. The company, headquartered in both San Francisco and Bengaluru, intends to utilize the investment to fuel its international expansion efforts.
With clients including industry giants like Dream11, Khatabook, BharatPe, CoinDCX, Niyo, Step, and Kredivo, Plotline aims to strengthen its presence in global markets. The company plans to strategically allocate the funds across various functions such as research and development, marketing, and sales to facilitate its growth trajectory.
“Plotline is poised to leverage the $2.6 million seed funding to drive expansion initiatives in key markets across the US, the Middle East, Africa, and the Asia-Pacific region,” the company stated in a press release.