Podium, a Lehi, Utah-based communication and payments platform for local businesses, announced it has raised $201 million in Series D funding. This latest round brings the company's valuation to over $3 billion.
The round was led by YC Continuity, with participation from Durable Capital Partners, Arpex Capital, Accel, Album VC, IVP, Sapphire Ventures, Summit Partners, and Sorenson Capital.
Additional funding will support Podium's expansion to reach more local businesses all over the world, as well as deeper investments to build out their payments, communications, and marketing technology.
Company: Podium Corp Inc.
Round: Series D
Funding Month: November 2021
Lead Investors: YC Continuity
Additional Investors: Durable Capital Partners, Arpex Capital, Accel, Album VC, IVP, Sapphire Ventures, Summit Partners, and Sorenson Capital
Company Website: https://www.podium.com/
Software Category: Communication and payments platform
About the Company: Podium exists to help local businesses thrive, so they can focus on what matters most: their customers. Today, more than 100,000 local businesses are powered by Podium, helping to facilitate millions of customer interactions and payment transactions. From customer-generated reviews to more seamless communication offerings and contactless payment tools, Podium is modernizing the way local businesses operate and grow their businesses. Podium is headquartered in Lehi, Utah, and was founded in 2014.