Wisegate operates a next-generation IT advisory platform that matches senior IT professionals to peers for real-time advice, then converts those live conversations into searchable content and reports. The company enforces a strict no-vendor policy and a vetted, senior-level membership to maintain trust and quality. Wisegate’s core technology includes social and matching algorithms to surface actionable, trusted information quickly. The company is growing membership through partnerships, direct marketing, sales, and member referrals, and plans to hire in product marketing, customer care, and sales with the new capital. CEO and founder Sara Gates said the Series A proved product-market fit, and Wisegate is accelerating growth off that foundation. Financially, Wisegate reports renewal rates over 90%, contract value more than doubled in the last two quarters, and is nearing profitability. Wisegate offers a practitioner-based IT research service that lets qualified senior technology professionals share information without the bias of analysts, vendors, media or advertisers. The service uses a crowdsourcing model and advanced algorithms to give members trusted, timely, and relevant access to the collective knowledge and experience of their peers. Wisegate launched in December 2011 and is based in Austin, Texas. The company reports recent marquee customer additions across Financial Services, Healthcare, Government, Higher Education, Consumer Goods and other industries, naming organizations such as AGCO, Ally Bank, Bank of America, Brown University, Philips and Samsung. Wisegate announced a $3M cash infusion that the company says will be used to expand its member base of senior IT professionals and to build out new member services. The company also appointed former Burton Group CEO Jamie Lewis to its board of directors to bring additional IT research industry experience.

Total raised

$7M

Funding rounds

2

Latest round

Series B

Latest activity

Dec 2014