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.

Thierry Heles

Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).