Falcon Social Enjoys 25% Rev Hike, Relocates HQ

On the heels of a $16 million investment, Falcon Social is reporting a 25% rise in revenue for the first quarter of the year.

From Hootsuite to Sprinklr to Sprout Social, the enterprise social-media management platform has no shortage of stateside competition.

Led by Prime Ventures, Falcon closed its latest funding round in order to expand its U.S. business operations. To that end, the company is currently relocating of its North American headquarters from Manhattan to Williamsburg, Brooklyn, so it has more room to expand its staff.

“We are now concentrating on talent acquisition, especially in New York where we are substantially growing our presence, starting with our marketing, sales and customer success teams,” according to Falcon founder and CEO Ulrik Bo Larsen.

Falcon reported 443% revenue growth and 130% customer growth, last year, and is on track to maintain a similar rate of growth in 2015, according to Larsen.

Founded in 2010, Falcon currently boasts about 400 clients, including Coca-Cola, Jaguar, Toyota, and Warner Music. With offices in New York and Copenhagen, Falcon Social currently employs 180 people from some 38 countries, by Larsen’s estimate.

To date, the company has now raised a total of $25.3 million.

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