MoEngage Raises $32.5 Million in Series C 

by Kay Aloha Villamor in August 18th, 2021

MoEngage, a customer engagement platform with significant operations in Southeast Asia, has announced that it has secured $32.5 Million in a Series C extension round, led by private equity firm Multiples Alternate Asset Management. Existing investors Eight Roads Ventures, F-Prime Capital, and Matrix Partners also participated in the round.

The company will use the fresh capital to accelerate its global growth strategies and product innovation. In addition, MoEngage also intends to improve the AI and predictive capabilities of its platform.

Company: MoEngage, Inc.

Raised: $32.5M

Round: Series C

Funding Month: August 2021

Lead Investors: Multiples Alternate Asset Management and Eight Roads Ventures

Additional Investors: F-Prime Capital, and Matrix Partners 

Company Website: https://www.moengage.com

Software Category: a customer engagement platform

About the Company: MoEngage is an internet company that features cloud-based marketing services for consumer businesses. It helps companies on campaigns across channels such as in-app messaging, web, and SMS providing machine learning for optimization of customer engagement.

Source: https://e27.co/moengage-raises-us32-5m-in-series-c-extension-to-improve-its-ai-and-predictive-capabilities-20210803/?utm_content=bufferabb63&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

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