Tagger, sponsor of the Influencer Marketing Show London 2021, has received a second funding round of $15M from Five Elms Capital to accelerate product development and marketing momentum around the globe. After closing its Series A funding in April of this year, this raise comes after six months of consistent revenue-supported growth from the influencer marketing platform.
Dave Dickman, Tagger at CEO says: “Our strategy has always been to grow this company in a sustainable way that drives revenue for our investors and partners. We’re thrilled to have Five Elms on board to help us scale our product, services, and resources for Tagger users around the globe.”
Tagger has solidified itself as a key stakeholder in the influencer marketing industry. The company has achieved immense growth of 100% in both 2020 and 2021, as well as making several key additions to its substantial global footprint, including new offices and resellers in Japan, S. Korea, Africa, Germany, Mexico, LatAm, and India.
The investment from Five Elms will only expedite Tagger’s global expansion to support more brands, agencies, media companies, and creators in their influencer marketing efforts, as well as accelerate its own innovative product development.
Ryan Mandl, partner at Five Elms Capital says: “We remain extremely excited about Tagger’s position in the growing influencer market space. Dave, Pete, and the entire Tagger team have continued to execute on their vision with incredible growth and new innovative features coming to market,
“In doubling down on our partnership with Tagger, we look forward to the next stage of growth. We continue to believe that Tagger will cement itself as the essential platform in the creator economy.”
Talking Influence and the Influencer Marketing Show look forward to following and supporting Taggers continuing growth following this investment, and into the future.