Local Software Startup Resilia Secured $35 Million in Venture Capital Funding

Software Startup

Resilia, the software startup founded by Sevetri Wilson, an LSU alum and native of the Baton Rouge area recently announced that it has secured a $35 million venture capital funding in its latest funding round.

Founded in 2016, Resilia which is a home-grown online platform has recorded a revenue growth of 300% annually and a rising net revenue retention of over 150%. A report from Forbes recognized this impressive record as it won

Since its founding in 2016, the home-grown online platform has seen over 300% annual revenue growth while growing net revenue retention by more than 150%, making Wilson, a 2013 Business Report Forty Under 40 honoree, one of the top-funded Black woman founders in tech, as reported by Forbes.

Reports from 2021 emerged that Black and Latina women founders accessed less than 1% of venture capital funding. The latest funds secured by Resilia is now the largest ever secured by a solo Black woman-founded tech company. It is also the largest ever secured by a female founder from Louisiana.

Daily Report confirmed that Wilson secured $8 million at a previous Series A round for Resilia at time when this was the highest ever secured by a female founded tech startup in Louisiana. This latest achievement takes Wilson’s record a notch higher.

As originally reported in (https://www.businessreport.com/business/local-software-startup-resilia-secures-35m-in-venture-capital-funding)