Movable Ink, a New York-based marketing software provider, secured $55 million in a Series D funding round valued at $1.3 billion led by Silver Lake Waterman, with participation from Contour Venture Partners, Intel Capital, and others.
The round brings the company’s total funding raised to $97 million. With the capital, Movable Ink plans to invest in AI-driven products and expand its more than 550 employee workforce to more than 700 by 2023.
Company: Movable, Inc.
Raised: $55.0M
Round: Series D
Funding Month: April 2022
Lead Investors: Silver Lake Waterman
Additional Investors: Contour Venture Partners and Intel Capital
Company Website: https://movableink.com/
Software Category: Marketing Software
About the Company: Movable Ink was founded in 2010 by Sharma and Michael Nutt to translate a brand’s data into “content modules” that could be embedded in emails, websites, and other digital platforms. Movable Ink is one of the fastest-growing SaaS companies in the U.S. and has been recognized by Inc. Magazine’s “Best Workplaces” (2021, 2020, & 2019) and Built-In NYC’s “Best Places to Work” (2021, 2020, 2019, & 2018), as well as Inc. 5000, Crain's Fast 50, and Deloitte's Technology Fast 500. Movable Ink activates any data into personalized content in any customer engagement and is a powerful extension of the technologies that marketers use today. The platform easily connects to all relevant data—no matter where it lives—updates based upon a recipient's most recent interactions, and is auto-generated by the platform. Headquartered in New York City, Movable Ink and its more than 400 employees serve its global client base from operations throughout North America, Central America, Europe, Australia, and Japan.
Source: https://movableink.com/blog/movable-ink-secures-unicorn-status-with-seriesd-funding