Podium, a Lehi, Utah-based customer messaging platform for local businesses, raised $125m in Series C funding.
The round was led by YC Continuity with participation from Sapphire Ventures, Alkeon Capital, Recruit Co., Ltd., IVP, Accel, Summit Partners, and GV.
The company intends to use the funds to expand its business reach.
Led by Eric Rea, co-founder and CEO, Podium provides a suite of messaging tools that allows any business with a physical location to interact with its customers. The platform now supports customer messaging, mobile payments, webchat, online reviews, and customer feedback using messaging channels that customers actually use.
The company now has 45,000 businesses across the United States, Canada and Australia utilizing the platform, ranging from single-location SMBs to large enterprise companies with thousands of physical locations.
Along with the funding, Podium is announcing a cost-free version of its product, Podium Starter. This new basic package will allow businesses to interact with their customers and process contactless payments completely via messaging.