ArenaCX receives $4.2M funding

RALEIGH, NORTH CAROLINA – Outsourcing management platform company ArenaCX recently announced that it received $4.2 million funding which the company intends to use to further expand its capabilities.
ArenaCX which offers a technology-enabled marketplace for outsourcing was funded by Eagle Ventures, Sovereign’s Capital, Beyond Capital, Triangle Tweener Fund, and other parties.
“Outsourcing allows companies to access talent, and continue to scale their business, even in tough markets and amidst a labor crunch,” said Alan Pendleton, Co-Founder and CEO of ArenaCX. “Done well, it also yields both performance improvements and cost savings. But there are thousands of outsourcing companies around the world. The range of offerings, capabilities, talent pools, and skill sets varies wildly. It can be daunting. Making the wrong selection can bring serious consequences. ArenaCX helps companies scale with ease: confident that they are sourcing the right outsourcing partner at the right price on the right contract terms.”
With more than 100 vetted, best-of-breed partners, ArenaCX boasts one of the world’s largest resource pools for outsourced talent. Whether it is customer service, sales & marketing, accounting & bookkeeping, HR & recruiting, or administrative & back office service, ArenaCX is the easiest place to access world-class global talent.
Earlier this year, ArenaCX announced the “Get Labor” solution, a “click-for-labor” button available to leading customer service software company Zendesk’s customer base of 180,000. With other partnerships on deck, ArenaCX is quickly moving to become the preferred labor bolt-on for large technology ecosystems.