INSUBCONTINENT EXCLUSIVE:
Submittable is announcing that it has raised $10 million in Series B funding.When I first wrote about the company in 2012, it was focused on
for.Since then, Submittable raised a $5 million Series A and expanded by helping companies in a number of industries manage their
submissions and applications
Co-founder and CEO Michael FitzGerald said the company has built products for four main verticals (corporate, academic, philanthropy and
fiction magazines).He also said the product has been getting increasingly sophisticated, for example, allowing a publisher to review and
rank submissions based on very specific qualities like sentence structure and voice.Besides expanding into additional verticals and
Next Coast Ventures, a firm that invests in startups outside the big coastal tech hubs
(Previous investors True Ventures, Next Frontier and Flywheel Ventures also participated.) Next Coast co-founder and managing director
Smerklo said in a statement
diagnosis) said the plan is to expand the Submittable team from 88 to 240 people by the end of 2020
He acknowledged that the location has created some challenges in hiring, particularly when it comes to experienced executives, but he said
