Company Name | Fund Raised | Led By | CEO/Co-Founder | Valuation |
MoEngage | $72M | Multiples Alternate Asset Management | Raviteja Dodda | $500M |
The customer engagement platform MoEngage provides help to marketers to keep their customers engaged and retained. MoEngage succeeded in raising its company funding to $72M which enhanced the company valuation to $500M. The round was led by Multiples Alternate Asset Management welcoming participation from F-Prime Capital, Matrix Partners, and Eight Roads Ventures.
Also, read Step 100m Series 175m Perez TechCrunch
MoEngage’s CEO Raviteja Dodda with Co-founder Yashwanth Kumar created a platform that makes communication channels personalized and it includes email, web push, mobile push, SMS, app and site messages, and much more. His aim is to improve customers’ experience with the services provided by MoEngage.