Hello Baton

New York, United States Founded: 2018 • Age: 8 yrs Acquired By ClientSuccess
A cloud-based platform for project management is provided by Baton.
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About Hello Baton

Hello Baton is a company based in New York (United States) founded in 2018 by Alex Krug and Peter McCoy was acquired by ClientSuccess in June 2024.. Hello Baton has raised $17 million across 2 funding rounds from investors including ClientSuccess, Activant Capital and Global Founders Capital. Hello Baton offers products and services including Baton Software and Baton Templates. Hello Baton operates in a competitive market with competitors including Notion, Smartsheet, Asana, monday.com and Clickup, among others.

  • Headquarter New York, United States
  • Founders Alex Krug, Peter McCoy
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $17 M (USD)

    in 2 rounds

  • Latest Funding Round
    $7 M (USD), Series A

    Apr 19, 2022

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    ClientSuccess

    (Jun 27, 2024)

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Products & Services of Hello Baton

Hello Baton offers a comprehensive portfolio of products and services, including Baton Software and Baton Templates. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for automating software implementations and client onboarding tasks

Tools to standardize and scale project processes efficiently

People of Hello Baton
Headcount 10-50
Employee Profiles 4
Board Members and Advisors 1
Employee Profiles
People
Alex Krug
Co-Founder & CEO
People
Peter McCoy
Co-Founder
People
Jesse Inman
Full-time

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Funding Insights of Hello Baton

Hello Baton has successfully raised a total of $17M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $7 million completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Series A — $7.0M
  • First Round

    (26 May 2020)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2022 Amount Series A - Hello Baton Valuation

investors

May, 2020 Amount Series A - Hello Baton Valuation Activant Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Hello Baton

Hello Baton has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include ClientSuccess, Activant Capital and Global Founders Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Venture capital fund investing in tech sectors
Founded Year Domain Location
Venture capital firm focused on early-stage startups
Founded Year Domain Location

Carsten Thoma

-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Hello Baton

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Hello Baton

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Hello Baton Comparisons

Employees
+
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Competitors of Hello Baton

Hello Baton operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Notion, Smartsheet, Asana, monday.com and Clickup, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

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Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Hello Baton

Frequently Asked Questions about Hello Baton

When was Hello Baton founded?

Hello Baton was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Where is Hello Baton located?

Hello Baton is headquartered in New York, United States. It is registered at New York, New York, United States.

Who is the current CEO of Hello Baton?

Alex Krug is the current CEO of Hello Baton. They have also founded this company.

Is Hello Baton a funded company?

Hello Baton is a funded company, having raised a total of $17M across 2 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on May 26, 2020.

What does Hello Baton do?

Baton was founded in 2018 in New York, United States, and operates in the project management software sector. The platform is delivered via cloud services, with features such as secure communication, resource allocation, project tracking, live dashboards, status reporting, and automation for software implementation. Clients including Adobe, LVMH, and CONVOY are served through these tools.

Who are the top competitors of Hello Baton?

Hello Baton's top competitors include monday.com, Smartsheet and Clickup.

What products or services does Hello Baton offer?

Hello Baton offers Baton Software and Baton Templates.

Who are Hello Baton's investors?

Hello Baton has 4 investors. Key investors include ClientSuccess, Activant Capital, Global Founders Capital, and Carsten Thoma.

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