Bridge Bank and Multiplier Capital have co-led a $14m funding round for Sharpen Technologies, whose shareholders already include the IU Philanthropic Venture Fund.

Sharpen Technologies, a US-based customer contact centre platform developer backed by Indiana University (IU)’s Philanthropic Venture Fund, has raised $14m in a growth round co-led by Bridge Bank and Multiplier Capital.

Existing backers also took part in the round, although only Cultivation Capital was identified.

Founded in 2011, Sharpen Technologies runs a cloud-based platform to facilitate operations in customer support centres. The fresh funding has been allocated to continued business growth.

Sharpen has now raised more than $55m altogether, it said. Allos Ventures, Cultivation Capital, and Lightchain injected $12m in September 2020, following a $15m round backed by the IU Philanthropic Venture Fund in 2019.

The 2019 round also featured Elevate Ventures, Allos Ventures, Cultivation Capital, Jupiter Peak Capital, Collina Ventures, F&M Investment Office and Lightchain.