Immediate Closes $13M Series B Round

Immediate has closed a $13 million Series B round, The Business Journals reports.

The round marks the company's advance past its earlier financing stages and into the growth phase that a Series B typically signals. At this stage, capital generally funds scaling operations, market expansion and product development rather than early validation.

The Business Journals disclosed the round size but did not report additional terms — including the lead investor, participating parties, valuation or intended use of proceeds. Those details, when they emerge, will shape how the market reads the deal's terms.

The $13 million figure places the round within the typical band for Series B financings, suggesting investor confidence in the company's progress since its prior raise. For Immediate, the fresh capital provides runway to execute its next stage of growth.