Neocol gets funding from Salesforce Ventures to accelerate growth plans

Ryan Lott, Chief Executive Officer of Neocol

Neocol, an organization which helps subscription companies scale and grow, has secured a round of funding with Salesforce Ventures to further enable its aggressive growth plans, enablement of its talent, and deeper alignment with industry specific solutions and IP.

In addition, Neocol announced that industry veterans Adam Peth, Vice President of Solution and Technology Consulting, and Paul Buckley, Vice President of Delivery Excellence and Operations have joined the firm to help scale delivery effectiveness and customer success.

What does the funding mean for Neocol?

Commenting on the funding, Ryan Lott, CEO of Neocol, said, “This funding demonstrates a high degree of confidence from our investors that our industry and domain expertise and technical prowess on the platform are unparalleled. As a rapidly scaling regional systems integrator and have never strayed from our purpose, which has made all the difference.”

“Neocol is one of our top partners for Revenue Cloud, and we came to see them as a critical vehicle for helping companies solve their most pressing problems, drive transformation and deliver customer success. We look forward to seeing the company make continued impact by scaling their delivery capacity and expanding into Salesforce’s Service Cloud, Experience Cloud and MuleSoft,” commented Salesforce Ventures Managing Director Robert Keith.

What do the appointments mean for Neocol?

Commenting on the appointments, Ryan Lott, said, “We know that rapid scale and customer success is a critical equation to get right as we look forward to the next chapter of Neocol’s growth. Both Adam and Paul have storied careers, incredible reputations, and a track record of success in solving this equation consistently. We are thrilled to have them on our team.”

Adam Peth, Vice President of Solution and Technology Consulting at Neocol

“I’m excited to be with Neocol for many reasons. A big part of why I came here was based on the clearly defined go to market approach. Neocol supports clients from all backgrounds with a best in class approach for running a subscription model within their business. It’s so vital to have a strategy for what drives your business and Neocol has that figured out. My main driver for being here though was the people,” said Peth commenting on the new role.

“I spoke to many current and former members of Neocol and throughout each conversation I became more excited to join the team. I’m happy to say that I’m at Neocol today and I’m looking forward to leading and supporting this team as we continue to grow,” Peth said.

“This opportunity combines many of the aspects that I find professionally engaging and quite frankly….fun! The organization has a strong business model, a desire to mature and grow, a culture of community and amazingly talented individuals across the organization. I’m very much looking forward to supporting Neocol’s continued evolution of operational excellence, providing a world class customer experience,” said Buckley commenting on the new position.