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Cooby Secures $1.75 Million in Seed Round

Cooby, a Taiwan-based WhatsApp sales platform, has secured US$1.75 million in seed funding, bringing its total funding to US$4.75 million.

Ben Murray profile image
by Ben Murray
Cooby Secures $1.75 Million in Seed Round

Cooby, a Taiwan-based WhatsApp sales platform, has secured US$1.75 million in seed funding, bringing its total funding to US$4.75 million. 

Investors

The round was led by Shilling VC, a prominent European venture capital firm, along with existing investors Peak XV's Surge and Pear VC.  

Shilling VC, based in Lisbon, Portugal, with €52 million in early-stage VC funding, backs exceptional founders across various verticals, focusing on significant opportunities in both B2B and consumer categories. 

Cooby Use of Funds 

Cooby plans to use the funding to enhance its platform, enabling sales teams to nurture closer customer relationships and furthering its mission to transform customer engagement globally. 

About Cooby 

Founded in 2020 by Wen Shaw, Cooby provides a platform for sales teams to utilize WhatsApp for customer engagement and sales outreach. Cooby integrates WhatsApp seamlessly with CRM systems like Salesforce and HubSpot, streamlining sales workflows. It offers organized inboxes, broadcast communication, personalized templates, and efficient contact management tools. Over the past 18 months, Cooby has expanded its services to over 600 customers across more than 15 countries, with notable clients including GoStudent, Avendus Capital, and Mission Mittelstand. 

Funding Details                                                            

Company: Cooby, Inc.  

Raised: $1.75M                       

Round: Seed Round       

Funding Month: June 2024                                                                         

Lead Investors: Shilling VC   

Additional Investors: Peak XV's Surge, Pear VC 

Company Website: https://www.cooby.co/   

Software Category: WhatsApp Sales Solution

Source: https://www.globenewswire.com/news-release/2024/06/27/2904955/0/en/Leading-SaaS-WhatsApp-Integrator-Cooby-Secures-US-1-75-Million-in-Latest-Seed-Funding-Round-to-Supercharge-Product-Development-and-European-Expansion.html 

Ben Murray profile image
by Ben Murray

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