News from Pellwood

Pellwood raises $17 million Series A led by Tamarack Street Capital

New York, May 12, 2026

Pellwood, the CRM for small and growing sales teams, today announced a $17 million Series A led by Tamarack Street Capital, with participation from existing investor Bellhaven Ventures. Pellwood will use the funding to expand its onboarding team in Austin, build forecasting and permissions for multi-team sales organizations, and grow its security team.

“Small sales teams have been asked to choose between CRMs that are simple but thin and platforms that are powerful but need an admin and an onboarding fee,” said Hannah Okoye, co-founder and CEO. “We think a team of eight or eighty deserves the same quality of tool, priced in the open.”

Pellwood launched in October 2024 and is used by more than 700 sales teams.

Pellwood announces $4.5 million seed round led by Bellhaven Ventures

New York, January 21, 2025

Pellwood today announced a $4.5 million seed round led by Bellhaven Ventures, with angel investors who have run sales and revenue operations at software companies. The company launched its CRM to the public three months ago.

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