Five V Capital back EngageRM to Power US Growth

Leading Australian private equity firm Five V Capital has made a significant investment in EngageRM's Series A raise, which totals more than $6 million and includes participation from sport-focused fund XT Ventures and existing investor Gandel Invest.

The funding follows a period of strong US growth for EngageRM, adding clients including the LA Lakers and LA Clippers alongside existing partners like Co-op Live in the UK, and will go toward expanding global sales operations and further developing the platform.

"Together we will accelerate EngageRM's growth in North America, increase our go-to-market capabilities and enhance the scalability of our platform," said Ned Coten, EngageRM CEO.

Chris Gillings, Venture Capital Lead at Five V, will join the EngageRM board.

"EngageRM aligns with Five V's focus on partnering with driven businesses and teams to build scalable and sustainable long-term value," said Gillings.