Serra Capital III Invests in its 23rd Company Myagi

Champaign, IL – WEBWIRE – Monday, December 3, 2018

Champaign, IL - (December 2018) – Myagi, a robust learning management software that enables brands, retailers and frontline representatives to collaborate, communicate and educate, has raised $2M in funding. Serra Ventures lead the $2MM round along with a syndicate of leading early-stage ventures firms including the East Coast’s SaaS Ventures and Frontier Ventures out of LA.

Tom McLeod, CEO of Myagi says, “We’re excited to be working with this prestigious group of investors to help Myagi grow. This is the next step in our mission to transform retail, one of the world’s largest industries, in a way that helps brands, sales associates, and the customers who rely on them"

Steve Beck, Managing Partner stated, “Myagi has cracked the code on a highly consumable learning management system helping brands and retailers work seamlessly to meet the demands of the modern consumer experience. Churn is down and user engagement up. The dogs are eating the dog food, as they say, resulting in brands and retailers experiencing better sell through and customer loyalty.”

About Serra Ventures

Serra Ventures is an early stage venture capital firm investing in technology companies in underserved geographies across the Midwest and West Coast. Sectors of focus include information technology, devices/instrumentation and agricultural technologies. The profile of an ideal startup is one that has just finished an accelerator program or has been through a round of seed funding to establish and prove a strong product-market fit.

Serra Ventures, has offices in San Diego, Chicago and Champaign, Illinois. The managing partners are all former successful entrepreneurs who seek to serve their portfolio companies with real-world insight, hard work and a valuable network. In addition to capital, Serra works alongside its entrepreneurs in all areas of growth from strategic planning and partnerships, through business development and capital formation. As portfolio companies scale, Serra co-invests with leading venture firms across the Midwest and West Coast. For more information, visit www.serraventures.com.

About Myagi:

Myagi is a network that connects different companies and people in commerce, allowing them to collaborate, communicate and educate along the commerce supply chain.

From designers, to marketing, right through to the frontline workforce selling, Myagi empowers every worker with the right intel at the right time to create great customer experiences. For more information, visit https://myagi.com.