Clickatell Secures $91M in Series C Funding

Clickatell

Clickatell, a Redwood City, Calif.-based SaaS Chat Commerce company, secured $91m in Series C funding.

The round was led by Arrowroot Capital, with participation from Kennedy Lewis Investment Management, Endeavor Global and Harvest.

The company will use the capital to scale and expand three key areas:

(i) Accelerated development and innovation of its Chat Commerce offering,

(ii) Expansion of its footprint in the U.S., and

(iii) Scaling of sales and marketing efforts.

Led by Pieter de Villiers, Co-Founder and CEO, Clickatell provides a platform powering mobile messaging / CPaaS (Communications Platform as a Service) and payments within chat. The system enables customer-centric brands to connect, interact and transact with their customers. Its low / no-code, feature-rich Chat Commerce orchestration capability includes assisted (chat desk) and unassisted (bots) chat and secure payments capability in its recently launched Chat 2 Pay offering.

The company serves more than 10,000 customers, many of which are Fortune 500 companies and leading global brands such as Coca Cola, Deloitte, GT Bank, Booking.com, GoDaddy, IKEA, Novartis, Standard Bank, Tangerine, Telegram, US Foods, Visa, Zipcar, Capitec and others.

Clickatell also has offices in Canada, South Africa and Nigeria.

FinSMEs

28/02/2022