MoEngage, an insight led customer engagement platform has raised $30 million in a round led by new investor Steadview Capital. Existing investors our India Ventures team, Multiples Alternate Asset Management, F-Prime Capital, and Matrix Partners also participated in the funding round which was raised at twice the valuation from the company's earlier C1 fundraise of $32.5 million in July
“We aim to continue investments in Sherpa, our AI engine, and our predictive capabilities while strengthening our partner ecosystem," Raviteja Dodda, the chief executive officer of MoEngage.
The company will also expand its global presence and strengthen its customer service and support functions. The company recently opened offices in Boston, London, Berlin and Ho-Chi Minh City and has 500 employees globally.
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