Small Bootstrap Software Company Becomes Sleeper Hit, Passing $1 Billion Mark in Sales Generated for Customers
Today, software company Webconnex is celebrating passing the $1B processed mark.
SACRAMENTO, Calif., May 23, 2017 /PRNewswire/ -- Webconnex announced today that as of last week over $1 billion dollars in sales has been generated via their fundraising and event software. A relatively unknown name in most Silicon Valley circles, Webconnex has experienced substantial and steady growth in their four primary products that were launched in 2011: TicketSpice, RegFox, RedPodium and GivingFuel. To date, Webconnex software has been used to power over 100,000 events and over 75,000 donation pages.
Unlike most modern software companies, Webconnex has grown quickly without any outside funding. This company, whose motto is "Do More, Make More and Keep More," prides itself on retaining its unique vision. The entire team is passionate about the success of their customers. The small team of less than 20 celebrated together in the Webconnex Sacramento office and via live videostream, as they counted down the seconds to the historic $1B mark. A customer "Thank You" video was issued.
John Russell explained, "We saw the market shifting back in 2012, and we wanted to be ahead of the curve, so we decided to rebuild our software from the ground up. We've been blown away with the success of our late 2015 relaunch. We've actually signed up more customers in the last 15 months than in the entire history of the company!"
The company's two cofounders, John Russell and Eric Knopf, believe their platform is resonating with customers because of their approach derived from their respective backgrounds. Previously, Russell was a founding partner at a consumer events company and Knopf was the principle of a web development consultancy. The result of their collaboration is a highly powerful and customizable solution.
Due to its scalability and flexible set of tools, Webconnex is ideal for small startups, but also large corporate entities. "We give our customers total control over the experience, including everything from branding to layout," noted Knopf. "We also spend a lot of time thinking about making the registration and donation process easy and even fun for the end user."
Webconnex has quietly been powering the fundraising and events for some of the world's largest brands including Red Bull, CrossFit, Cisco, Subaru, Tedx, and Vevo, along with nonprofit organizations such as The Salvation Army and Prison Fellowship. Recent articles in publications including Entrepreneur, Forbes, and Inc. have recommended the Webconnex products to create automation and establish powerful brands.
Knopf added, "Part of the reason we are relatively unknown is that our software is designed to be custom branded. The spotlight remains on our customers and their brands, not on ourselves."
About Webconnex
Founded in 2008, Webconnex offers four products to handle ticketing, fundraising, event registration: TicketSpice, RegFox, RedPodium, and GivingFuel. Privately held with a team of less than 20, Webconnex has already processed over $1B for customers. More information is available at www.webconnex.com.
John Russell
888-958-3729
SOURCE Webconnex
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