CleverTap claims have generated more than $ 2 billion in additional revenue to customers, and today, have a range of more than one billion devices and applications of more than 8,000 consumers in more than 100 countries.
Since 2015, the startup has grown revenue 250 percent year-over-year.
CleverTap claims that he has more than 8,000 clients globally which include Vodafone, Star, Sony, Domino Pizza, Gojek, Cleartrip, and BookMyShow.
The company has offices in San Francisco, London, Singapore, Mumbai, and Bangalore. More recently, the startup opens APAC headquarters in Singapore and has expanded its presence in the US and Europe to serve the rapidly-scale brand.
The Indian market has a clear scarcity in providing viable solutions that drive business results needed for mobile conversion, retention, and growth.
CleverTap is merely solve pain points and is the only player who has shown significant growth metrics in India. Life cycle management of customer deals and engagement platform, so as to promote the growth and long-term retention of users for startups run by mobile applications.
Utilize machine learning, it offers a suite of engagement that allows brands to convert, engage, retain, and grow their mobile user base.
Mohit Bhatnagar of Sequoia Capital said, “CleverTap is solving the pain points are significant for marketers by offering retention platform that users can exponentially increase customer lifetime value and long-term growth.”
Led by existing investors Sequoia Capital India and Tiger Global Management , CleverTap raised $ 26 million in Series B and $ 35 million in Series C round of funding, increasing to $ 385 million valuation.
“The latest round of funding will allow CleverTap to help more companies achieve their retention as they build long-term relationships with their customers,” co-founder and CEO CleverTap, Sunil Thomas said.
CleverTap, Mountain View, California, United States of America. https://clevertap.com