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Sky's the limit ...

Publish date: 22 January 2020
Issue Number: 1814
Diary: Legalbrief eLaw
Category: general

Sky's the limit ...


US-based software investor Five Elms Capital is investing R437m in Skynamo, a South African field sales app and management platform provider. Skynamo says it will use the investment to accelerate adoption of its field sales mobile app and cloud-based management platform, while scaling up operations to improve service to its rapidly growing customer base in the US, UK and Southern Africa. Skynamo serves its customers from its Stellenbosch, Johannesburg, Durban and London offices and has chosen Atlanta as its US headquarters. According to the company, field sales teams using Skynamo typically double – and in some cases triple – the number of customers they visit per week and increase revenue by up to 20% in the first year.

– ITWeb