Partnership to help fuel exciting innovations in business
management platform and education solutions for woodworking and
other engineer-to-order (ETO) industries
SAUK
RAPIDS, Minn., Aug. 1, 2024
/PRNewswire-PRWeb/ -- INNERGY, a leading provider of
cloud-based ERP solutions for woodworking, cabinetry, stone, metal,
and other engineer-to-order (ETO) shops, is excited to announce a
$44 million growth investment from
Mainsail Partners. This new partnership will help enable INNERGY to
accelerate its product roadmap as well as enhance customer
education, product innovation, and client success programs. It
underscores the significant value that INNERGY has driven in the
woodworking industry for nearly a decade and is committed to
extending even further in the future.
Marc and the INNERGY team combine decades
of hands-on experience running woodworking shops with creative
software development and a strong focus on creating Raving Fans
among their customers.
INNERGY was created by woodworkers for woodworkers and other ETO
industries, offering a comprehensive cloud-based business
management solution that helps shop owners run their businesses
more efficiently and profitably. Customers also benefit from
extensive education programs, tools, and training to help them make
strategic and agile decisions. INNERGY's global customer base has
processed over five million sheets and placed $42 billion in live bids on the market.
"Say goodbye to separate spreadsheets and home-grown databases
for tracking bidding, jobs, and costing. INNERGY is designed to
bring all the essential workflow processes for millwork shops into
one intuitive user experience that can be accessed from anywhere,"
said Marc Sanderson, CEO of INNERGY.
"We believe Mainsail's experience and resources dedicated to
helping vertical SaaS businesses like ours will be invaluable as we
keep growing and expanding our community of Raving Fans."
"Marc and the INNERGY team combine decades of hands-on
experience running woodworking shops with creative software
development and a strong focus on creating Raving Fans among their
customers. This is reflected in how their products and education
solutions are purpose-built to help shop owners run better
businesses," said Jason Frankel,
Partner at Mainsail Partners. "We are thrilled to invest in INNERGY
and support their efforts to offer more innovative products and
educational resources to their growing customer base."
As part of this investment, Ed
Roshitsh, a seasoned SaaS executive, will join the INNERGY
Board of Directors, alongside Jason
Frankel and Jackie Friedman,
Vice President at Mainsail Partners.
About INNERGY:
INNERGY provides comprehensive ERP and engineering solutions for
the woodworking industry, combining cutting-edge technology with
deep industry expertise to help millwork businesses optimize their
operations and drive growth. To learn more, visit www.innergy.com
and follow INNERGY on Facebook, X, LinkedIn and YouTube.
About Mainsail Partners:
Mainsail Partners is a growth equity firm that partners with
founders of bootstrapped software companies to help them realize
their potential. For more than 20 years, Mainsail has been helping
management teams navigate the challenges and opportunities that
come with rapidly scaling a software company. The firm includes
women and men who are former software company operators who have
seen these challenges first-hand. Mainsail offers assistance across
various functional areas, including talent, finance, customer
success, sales and marketing, product management, and R&D. With
offices in Austin and San Francisco, the firm has raised over
$2.2 billion in committed capital and
invested in more than seventy companies. For more information,
visit www.mainsailpartners.com or follow the firm on LinkedIn.
Media Contact
Kristy DelMuto, Mainsail
Partners, 1 415-940-2085, kristy@mainsailpartners.com,
www.mainsailpartners.com
View original content to download
multimedia:https://www.prweb.com/releases/innergy-receives-44m-growth-investment-from-mainsail-partners-302211847.html
SOURCE Mainsail Partners