WASHINGTON — Washington, D.C-based software company Goodshuffle has raised a Series A investment of $5 million from FINTOP Capital.
“We were amazed to see what Goodshuffle has achieved with so little funding historically. It’s a true testament to the strength and discipline of this team and their understanding of the events industry,” said Brittani Roberts, Principal, FINTOP Capital
Goodshuffle intends to use the funds to hire more talent and further build out its already robust all-in-one event business management software, Goodshuffle Pro. It also plans to launch new, innovative solutions to some of the biggest problems faced by event business owners.
One of Goodshuffle’s primary focuses in the new year is further tackling the complex logistics behind event businesses. Garcia recently spoke at Manifest, a premier logistics and supply chain conference, to kick off an instrumental overhaul for businesses who often metaphorically “move mountains” to tackle multiple weekend events.
“We’re getting some long-planned features over the finish line, and hiring more teammates to build out the next phase of our offerings for 2024 and beyond,” said Andrew Garcia, CEO, Goodshuffle
It’s a full-circle moment for the CEO and Co-founder, whose original logistical challenge of renting out gear as a college DJ planted the initial seed that became Goodshuffle.
He and Co-founder Erik Dreyer started the business with an online rentals marketplace (Goodshuffle.com). The duo quickly realized that the industry faced unique challenges and lacked robust business software, which is when they moved their focus to building Goodshuffle Pro, an all-in-one vertical SaaS solution. Joined by Founding Team Member Karen Gordon in 2017, they soft-launched later that year and officially premiered the platform in January 2018.
Goodshuffle Pro became an instant category leader by taking an innovative approach to solving complex problems, boasting a steady 4.9-out-of-5 rating on software rating platform Capterra.
