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Presenting
CleverTap
CleverTap brings behavioural analytics, personalisation, and more on one unified platform
CleverTap claims to have generated over $2 billion in incremental revenue to its customers, and currently, has a reach of more than one billion devices and over 8,000 consumer apps in more than 100 countries. Since 2015, the startup’s revenue has been growing at 250 percent year-over-year. CleverTap claims that it has over 8,000 clients globally which include Vodafone, Star, Sony, Domino’s Pizza, Gojek, Cleartrip, and BookMyShow. The company has offices in San Francisco, London, Singapore, Mumbai, and Bengaluru. Recently, the startup opened its APAC headquarters in Singapore and has expanded its presence in the US and Europe to serve rapidly-scaling brands.
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    HEADQUARTERS
    Mountain View, California, United States of America
    COMPANY SIZE
    190+ Employees
    FOUNDED
    2013

    Awards

    Awards and Recognitions
    06
    A YourStory list of startups in 2019 with groundbreaking ideas that are creating a deep impact.
    The India market has a clear dearth in providing viable solutions that drive the needed business outcomes for mobile conversion, retention, and growth. CleverTap is solving just the pain point and is the only player which has shown significant growth metrics in India. The platform offers customer lifecycle management and engagement, so as to promote growth and long-term user retention for startups run by mobile apps. Leveraging machine learning, it offers an engagement suite that enables brands to convert, engage, retain, and grow their mobile user base. Mohit Bhatnagar of Sequoia Capital says, “CleverTap is solving a significant pain point for marketers by offering a user retention platform that can exponentially increase customer lifetime value and long-term growth.” Led by its existing investors Sequoia Capital India and Tiger Global Management, CleverTap raised $26 million in Series B and $35 million in Series C funding rounds, raising its valuation to $385 million. "The latest round of funding will enable CleverTap to help more companies achieve their retention goals as they build long-lasting relationships with their customers," Co-founder and CEO of CleverTap, Sunil Thomas says.

    Funding

    Funding Rounds and Investors
    SERIES-C
    $35M
    Investors
    Tiger Global Management, Sequoia Capital India
    Oct 2019
    SERIES-B
    $26M
    Investors
    Sequoia Capital India, Accel, Tiger Global Management
    Apr 2019
    VENTURE-ROUND
    $6M
    Investors
    Sequoia Capital India, Recruit Co. Ltd, Accel
    Nov 2017
    SERIES-A
    $8M
    Investors
    Sequoia Capital India, Accel
    Aug 2015
    SEED
    $1.6M
    Investors
    Andy Pandharikar, Accel
    Jul 2014