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Ambassador

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Ambassador
ISIN🆔
Industrydigital marketing
Founded 📆2009; 15 years ago (2009)
Founder 👔Jeff Epstein
Headquarters 🏙️,
Area served 🗺️
Products 📟 referral marketing software
Members
Number of employees
🌐 Websitewww.getambassador.com
📇 Address
📞 telephone

Ambassador is an American company and social referral marketing platform which enables companies to create, track, and manage customer referrals.[2][3]

Overview[edit]

Jeff Epstein founded Ambassador as Zferral in 2009. The company was one of twelve companies selected from a pool of 1,200 applicants to be part of the New York City program of American startup accelerator Techstars in 2011.[4]

Jonathon Triest of Detroit-based Ludlow Ventures was the first investor in the initial $400,000 seed round.[5]

In January 2011, Zferral bought SaaS web app store Cloudomatic for cash and equity.[6] In June 2015, Ambassador announced that it had raised $2.35 million in Series A funding. The Series A was led by Arthur Ventures, with additional investment from Zelkova Ventures, Ludlow Ventures, Social Starts and Matchstick Ventures.[7]

Companies that use Ambassador's referral platform include PayPal, Spotify, HughesNet, Progresso, Reliant Energy and the American Marketing Association.[5]

References[edit]

  1. "Royal Oak tech startup keeps growing, and hiring". The Oakland Press. December 16, 2015.
  2. Chowdhry, Amit (April 2, 2013). "Ambassador Is A Michigan-Based Startup That Helps Companies Manage Referrals". Forbes.
  3. Chowdhry, Amit (October 6, 2015). "How Ambassador Enables Enterprise Brands To Track And Manage Word Of Mouth Online". Forbes.
  4. "Meet the 12 new TechStars companies, Mayor Bloomberg approved". TNW. October 18, 2011.
  5. 5.0 5.1 "Ambassador Software builds business on referral marketing". Crain's Detroit Business. January 10, 2016.
  6. "Referral Platform Zferral Acquires SaaS App Store Cloudomatic". TechCrunch. January 28, 2011.
  7. "Referral Marketing Startup Ambassador Raises $2.35M". TechCrunch. June 15, 2015.

External links[edit]


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