MentorcliQ, a Columbus-based employee mentoring software provider, has raised $6.3 million in growth capital funding. The latest round brings the company’s total capital raised to more than $11 million since 2016.
Leading this funding round is Plymouth Growth Partners, an Ann Arbor, Mich.-based growth capital investment firm focused on B2B technology companies in the Great Lakes Region. All previous investors contributed to the round as well, including Rev1 Ventures, Ohio TechAngels Fund and Pixel Perfect Ventures.
MentorcliQ has seen revenue grow by 3x over the past three years, adding new business and quickly expanding their footprint with existing customers.
“Plymouth has an impressive track record of partnering with companies like MentorcliQ, to deliver even more value to their customers by making strategic investments in both product innovation and customer services,” MentorcliQ co-founder and CEO Phil George said in a statement. "We are thrilled to be partnering with Plymouth, and are excited to work together to continue delivering results-driven employee mentoring as a strategic advantage, a must-have for all companies."
Earlier this year, MentorcliQ also announced its first acquisition of mentor training and talent development company TERP Associates. MentorcliQ plans to more than double its number of employees over the next 18 months, expanding its investments in product innovation, market development and customer success.