MemberSuite accepts $5.5M in funding

In November 2017, MemberSuite accepted a $5.5M round of funding. Check out the SEC filing.

To the best of my knowledge, MemberSuite is the only venture capital-backed AMS in the market, and has raised $13M in funding since September 2016. They appointed a new CEO in November 2017. This round of funding may have been used to acquire the shares owned by the founder and former CEO, transferring ownership of the company to new shareholders.

Former CEO of MemberSuite has moved on

Andrew Ryan of MemberSuite has indeed left the company, we’ve learned from our sources.

Membersuite Accepts $11M

In September 2016, AMS Vendor Membersuite accepted an $11M investment from Revolution Ventures. Read the press release. Read about Membersuite on Crunchbase.