ActiveCampaign, a Chicago, Illinois-based Customer Experience Automation company, raised $240m in Series C financing round at a valuation over $3 billion.
The round was led by Tiger Global with participation from Dragoneer, Susquehanna Growth Equity and Silversmith Capital Partners.
The company intends to use the funds to further invest in product development, ongoing global expansion, and acceleration of partner ecosystem initiatives.
Led by CEO and Founder Jason Vandeboom, ActiveCampaign provides a Customer Experience Automation Platform (CXA) for over 145,000 businesses in 170 countries to engage with their customers. The platform gives businesses of all sizes access to 500+ pre-built automations that combine email marketing, marketing automation and CRM for segmentation and personalization across social, email, messaging, chat and text. Over 100,000 of ActiveCampaign’s customers use its 850+ integrations including Microsoft, Shopify, Square, Facebook, and Salesforce.