Sendbird: Messaging startup raises $100 million at $1 billion valuation

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Finance Finance Headlines News

We got an exclusive look at the pitch deck messaging startup Sendbird used to raise $100 million and become a unicorn

Founded in 2016, Sendbird has more than 150 million users. Chat messenger startup Sendbird has raised $100 million in Series C funding at a unicorn valuation.

COVID-19 has seen digital message providers boom, with big services such as Hinge, Reddit, and Delivery Hero among the users of Sendbird's technology. Sendbird CEO and cofounder John Kim told Insider that while the firm wasn't the first to the messaging API space , he said the firm had grown rapidly.

"Modern brands in all verticals are increasingly adopting in-app chat to power digital, real-time, and authentic conversations with their customers to drive engagement and retention," said Sendbird board member Karan Mehandru."We believe Sendbird's market leadership and product scalability puts them in pole position to capture these tailwinds and become the first choice for every brand in the world looking to communicate authentically with their audience.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PayPal Crypto Partner Paxos Raises $300 Million At $2.4 Billion ValuationNew York-based blockchain infrastructure company Paxos raised $300 million in Series D investment round. It is now valued at $2.4 billion. Just received 300 PancakeSwap in my Bithumb! Thank you so much 😘 We are with you BONUS_PANCAKE Woooow!!! 900 PancakeSwap coins came!! I started being interested and studying crypto about a month ago. Thanks BONUS_PANCAKE Keep up the good work 🤠 BS ! $HMBL is the real deal
Source: Forbes - 🏆 394. / 53 Read more »