Québec City, Canada – May 12, 2021 – OSF Digital, the global leader in digital transformation strategies, announced today it has received $43 million in new funding, led by existing investor Delta-v Capital with participation from Salesforce Ventures and personal investments from OSF Digital Board Chairman David Northington, Board Director Jeff Rich and Board Advisor Gary DiOrio.
OSF Digital is recognized by Salesforce as a Navigator Expert for its expertise in both B2B and B2C Commerce. The funding will support OSF’s robust acquisition roadmap, which welcomes new companies in 2021 with strategic services and solutions valuable to customers.
OSF works with premier brands across North America, Europe and Asia, including L'Oréal USA, Burton, Ubisoft, Bouclair, e.l.f. Cosmetics, Geox, Kal Tire, Markwins Beauty, Stonewall Kitchen, Lush Handmade Cosmetics, Domaine Chandon and Urban Barn.
“Since 2019, OSF Digital has continued to strengthen its Salesforce Commerce Cloud expertise. This new round will support OSF’s planned acquisitions to expand its delivery capabilities across new geographies and products. Further, this additional capital will help OSF accelerate investments in technology innovation and top global talent,” said Rand Lewis, Managing Partner and Co-Founder of Delta-v Capital.
OSF Digital has been a Salesforce partner for over 10 years, earning a stellar customer satisfaction rating and multiple awards from Salesforce for its cutting-edge projects. Recent accolades include the 2020 Partner Award for Most Relevant Commerce Cloud Project, the 2019 Bolty Award for Best Digital Experience in Retail and Consumer Goods, and the 2019 Partner Innovation Award for Customer 360. A Salesforce Navigator Expert, OSF earned this top-level status in the B2C Commerce, B2B Commerce, Consumer Goods and Retail categories.
“By securing the highest ranking from Salesforce as a Navigator Expert in four commerce categories, along with funding from both Delta-v and Salesforce Ventures, this round of funding shows strong confidence in OSF and will advance our efforts toward being a leading independent digital transformation company globally. With this investment, we will be able to accelerate our growth and expertise through our vigorous M&A strategy, with exciting company news to be announced in the coming months,” says Gerard (Gerry) Szatvanyi, CEO of OSF Digital.
OSF Digital selected Delta-v to again lead this second round of financing because of its expertise in technology services businesses, merger and acquisition transactions, and track record of supporting technology companies in realizing a higher level of growth and success. Since 2009, Delta-v has invested in over 35 leading technology businesses including Cloud Sherpas, a Salesforce partner acquired by Accenture in 2015.
OSF Digital, ganadora del Premio Bolty 2019 a la mejor experiencia digital en la categoría de venta al por menor y bienes de consumo, del Premio a la innovación de socios 2019 en la categoría de clientes 360 y del Premio Salesforce Lightning Bolt Trailblazer 2018 para la venta al por menor, es una empresa líder en soluciones de comercio global y transformación digital que proporciona tecnología, consultoría, implementación y servicios de gestión de tiendas online a marcas y comerciantes emergentes y de primera línea. El enfoque ágil de OSF le permite escalar el crecimiento global más rápidamente y permite a las compañías mejorar la experiencia del cliente. Con más de 250 proyectos en curso y ocho años de implementaciones en todo el mundo, OSF ofrece soluciones de comercio conectado a través de canales, dispositivos y locales. HSBC y BDC son los socios financieros de OSF Digital, y Salesforce Ventures y Delta-v Capital son los inversores. Para obtener más información sobre OSF Digital, visita: osf.digital
Delta-v Capital is a leading provider of liquidity solutions and growth equity to private technology companies and their shareholders. With over $700 million in assets under management, Delta-v targets between $3 and $30 million investments in technology sectors, including enterprise software, information services, cybersecurity, data analytics, cloud, and communications infrastructure. Delta-v has offices in Boulder, CO and Dallas, TX. For more information, please visit deltavcapital.com.
Salesforce is the global leader in Customer Relationship Management (CRM), bringing companies closer to their customers in the digital age. Salesforce Ventures, the global investment arm of Salesforce, invests in the next generation of enterprise technology that extends the power of the Salesforce Platform. Salesforce Ventures is building the world's largest ecosystem of enterprise cloud companies and extending that technology to customers. Portfolio companies receive funding, strategic advisory, and operating support, and can easily join Pledge 1% to make giving back part of their business model. Salesforce Ventures has invested in more than 400 companies, including DocuSign, GoCardless, Guild Education, nCino, Twilio, Zoom, and others across 22 countries since 2009. For more information, please visit www.salesforce.com/ventures.