{"id":1783,"date":"2020-08-18T12:14:19","date_gmt":"2020-08-18T12:14:19","guid":{"rendered":"https:\/\/solutionsreview.com\/business-process-management\/?p=1783"},"modified":"2020-08-18T16:15:00","modified_gmt":"2020-08-18T16:15:00","slug":"agiloft-earns-45-million-growth-equity-investment-from-ftv-capital","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/business-process-management\/agiloft-earns-45-million-growth-equity-investment-from-ftv-capital\/","title":{"rendered":"Agiloft Earns $45 Million Growth Equity Investment From FTV Capital"},"content":{"rendered":"<p style=\"text-align: justify\"><span style=\"font-weight: 400\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1784\" src=\"https:\/\/solutionsreview.com\/business-process-management\/files\/2020\/08\/Agiloft-Earns-45-Million-Growth-Equity-Investment-From-FTV-Capital.jpg\" alt=\"Agiloft Earns $45 Million Growth Equity Investment From FTV Capital\" width=\"800\" height=\"400\" srcset=\"https:\/\/solutionsreview.com\/business-process-management\/files\/2020\/08\/Agiloft-Earns-45-Million-Growth-Equity-Investment-From-FTV-Capital.jpg 800w, https:\/\/solutionsreview.com\/business-process-management\/files\/2020\/08\/Agiloft-Earns-45-Million-Growth-Equity-Investment-From-FTV-Capital-300x150.jpg 300w, https:\/\/solutionsreview.com\/business-process-management\/files\/2020\/08\/Agiloft-Earns-45-Million-Growth-Equity-Investment-From-FTV-Capital-768x384.jpg 768w, https:\/\/solutionsreview.com\/business-process-management\/files\/2020\/08\/Agiloft-Earns-45-Million-Growth-Equity-Investment-From-FTV-Capital-540x270.jpg 540w, https:\/\/solutionsreview.com\/business-process-management\/files\/2020\/08\/Agiloft-Earns-45-Million-Growth-Equity-Investment-From-FTV-Capital-640x320.jpg 640w, https:\/\/solutionsreview.com\/business-process-management\/files\/2020\/08\/Agiloft-Earns-45-Million-Growth-Equity-Investment-From-FTV-Capital-128x64.jpg 128w, https:\/\/solutionsreview.com\/business-process-management\/files\/2020\/08\/Agiloft-Earns-45-Million-Growth-Equity-Investment-From-FTV-Capital-400x200.jpg 400w, https:\/\/solutionsreview.com\/business-process-management\/files\/2020\/08\/Agiloft-Earns-45-Million-Growth-Equity-Investment-From-FTV-Capital-180x90.jpg 180w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>Agiloft <\/span><a href=\"https:\/\/www.agiloft.com\/news\/20200817.htm\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">recently announced<\/span><\/a><span style=\"font-weight: 400\"> a $45 million growth equity investment from FTV Capital, a sector-focused investor in innovative companies in enterprise technology and services, financial services, and payments and transaction processing. <\/span><a href=\"https:\/\/www.agiloft.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">Agiloft\u2019s<\/span><\/a><span style=\"font-weight: 400\"> investment from FTV is the company\u2019s first round of external funding. It will be used to build on its position in the enterprise contract and commerce lifecycle management (CCLM) space as it accelerates its AI-based product development and expands its vertical and geographic market presence. Agiloft\u2019s no-code platform drives configurability and automates complex enterprise workflows.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\"><div class=\"box box3\"><span style=\"color: #000000\">Our<\/span><\/span><a href=\"https:\/\/solutionsreview.com\/business-process-management\/free-bpm-buyers-guide\/\" target=\"_blank\" rel=\"noopener noreferrer\"> <i><span style=\"font-weight: 400\">Buyer\u2019s Guide for Business Process Management<\/span><\/i><\/a><span style=\"font-weight: 400\"><span style=\"color: #000000\"> helps you evaluate the best solution for your use case and features profiles of the leading providers, as well as a category overview of the marketplace.<\/span><\/div><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Agiloft <\/span><span style=\"font-weight: 400\">is a highly configurable BPM suite comprised of a flexible and robust data module. The module features a powerful workflow rules engine giving it the ability to map any business structure and automate complex business processes. The platform includes integrated applications for help desk, customer service, web self-service, knowledge management, and contract management. Users can decide whether to employ hosted or on-premise deployment to meet their organization\u2019s needs. Agiloft integrates with many commonly used business applications, and its full-bodied offering of APIs eases integration with other systems.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">In conjunction with the transaction, Agiloft appointed Eric Laughlin to the role of CEO, effective immediately. Laughlin most recently was a global leader of legal managed services at Ernst &amp; Young, LLP, where he led the Pangea3 and Riverview Law teams and provided clients with technology and service solutions. Founder and former CEO of Agiloft, Colin Earl, will remain with the company as chief technology officer, overseeing product development, engineering, security, and technology infrastructure, providing strategic guidance to Agiloft.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">In a press statement, Laughlin said, \u201cColin and his team at Agiloft have built a unique company, emphasizing customer-focused execution and a culture of trust and transparency \u2014 all built on a foundation of technical excellence. The result has been steadily accelerating growth and consistent profitability. I\u2019m honored to have been chosen to lead Agiloft in the next chapter of its development. A big part of my role will be to grow the company while maintaining the elements that have made it so successful.\u201d<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">As part of this transaction, FTV Capital\u2019s Alex Mason and Abhay Puskoor will join Agiloft\u2019s board of directors.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Learn more about <\/span><a href=\"https:\/\/solutionsreview.com\/business-process-management\/agiloft-launches-ai-engine-for-advanced-contract-automation\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">Agiloft.<\/span><\/a><\/p>\n<p style=\"text-align: justify\"><div class=\"hr hr\"><\/div><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\"><div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><p><a class=\"bpm-footer-cta\" href=\"https:\/\/solutionsreview.com\/business-process-management\/bpm-vendor-map-a-guide-to-the-best-bpm-solutions\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1682\" src=\"https:\/\/solutionsreview.com\/business-process-management\/files\/2019\/02\/bpm-vm-speedbump.png\" alt=\"Download Link to BPM Vendor Map\" width=\"800\" height=\"225\" \/><\/a><\/p>\n<\/div>\n\t\t<\/div><\/div><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Agiloft recently announced a $45 million growth equity investment from FTV Capital, a sector-focused investor in innovative companies in enterprise technology and services, financial services, and payments and transaction processing. Agiloft\u2019s investment from FTV is the company\u2019s first round of external funding. It will be used to build on its position in the enterprise contract [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":1784,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[5],"tags":[206,35,437],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Agiloft Earns $45 Million Growth Equity Investment From FTV Capital<\/title>\n<meta name=\"description\" content=\"Agiloft announced a $45 million growth equity investment from FTV Capital, a sector-focused investor in innovative companies in enterprise technology.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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