LeadSquared, an India-based sales automation SaaS firm, has reached unicorn status with a US$153 million series C investment from WestBridge Capital.
The round was led by WestBridge Capital, Existing backers including Gaja Capital also participated in the new funding, which takes the startup’s all-time raise to $188 million.
With this financing, LeadSquared will double down on growth investments in India and North America.
Company: MarketXpander Services Private
Raised: $153.0M
Round: Series C
Funding Month: June 2022
Lead Investors: WestBridge Capital
Additional Investors: Gaja Capital
Company Website: https://www.leadsquared.com/
Software Category: New-age SaaS platform
About the Company: Founded by Patel, Prashant Singh, and Sudhakar Gorti in 2011 LeadSquared is a new-age SaaS platform that provides end-to-end sales, marketing, and onboarding automation solutions. The company specializes in solving sales challenges for high lead-volume, high-velocity businesses that have multiple sales channels and teams. Currently, LeadSquared is helping 2000+ enterprises across 40 countries enhance their sales efficiency. Known for its verticalized, industry-centric solutions, LeadSquared serves EdTech, Education, Healthcare, BFSI, Real Estate, Automotive, and Hospitality industries. The company is headquartered in Bengaluru with a local presence in New Jersey, the Philippines, South Africa, Australia, and Indonesia.
Source: https://techcrunch.com/2022/06/21/saas-platform-leadsquared-becomes-unicorn-with-153-million-fresh-funding/