{"id":4951,"date":"2019-04-11T14:25:31","date_gmt":"2019-04-11T14:25:31","guid":{"rendered":"https:\/\/fintech.global\/AIFinTechForum\/?p=4951"},"modified":"2019-04-11T14:25:31","modified_gmt":"2019-04-11T14:25:31","slug":"clevertap-secures-26m-series-b-at-a-company-valuation-of-over-150m","status":"publish","type":"post","link":"https:\/\/fintech.global\/AIFinTechForum\/clevertap-secures-26m-series-b-at-a-company-valuation-of-over-150m\/","title":{"rendered":"CleverTap secures $26m Series B at a company valuation of over $150m"},"content":{"rendered":"

Customer lifecycle management platform CleverTap has secured $26m for its Series B round of funding, valuing the company at more than $150m.<\/strong><\/p>\n

The capital injection was led by Sequoia India, with participation also coming from previous backer Accel and first-time CleverTap investor, Tiger Global Management.<\/p>\n

Capital from the round will be used to accelerate the growth of its technology and scale the business to meet growing customer demands, it said.<\/p>\n

CleverTap is a customer lifecycle management platform which provides 8,000 companies worldwide with tools to improve customer experiences. Businesses can leverage the big data and AI engine to analyse their customer\u2019s actions and provide them with more personalised experiences.<\/p>\n

Its platform offers a centralised location for customer data, with advanced segmentation available to better categorise the customers. In order to support direct interactions with a customer, CleverTap support a range of communication methods, launch personalised campaigns, and push notifications.<\/p>\n

CleverTap also provides businesses with data privacy and security tools to help meet compliance with regulations such as GDPR and HIPAA BAA. Data on the CleverTap solution is encrypted and has IP restricted access to ensure only those who should access data can.<\/p>\n

Since 2015, the company has witnessed a revenue growth of 250 per cent year-over-year, driving $2bn in incremental revenue for customers, the company said.<\/p>\n

Accel partner Prashanth Prakash said, \u201cCleverTap is meeting the growth and retention needs of some of the fastest growing consumer apps such as GO-JEK, Fandango, Hotstar and Zilingo. Powered by the next generation of data science enabled capabilities, it\u2019s allowing companies to automate their marketing decisions \u2013 leading to better business outcomes. We\u2019re excited to bring our expertise to CleverTap to support them in this mission.\u201d<\/p>\n

CleverTap recently opened an APAC headquarters in Singapore and has expanded its presence in the Americas and Europe.<\/p>\n

Copyright \u00a9 2019 RegTech Analyst<\/p>\n","protected":false},"excerpt":{"rendered":"

Customer lifecycle management platform CleverTap has secured $26m for its Series B round of funding, valuing the company at more than $150m. The capital injection was led by Sequoia India, with participation also coming from previous backer Accel and first-time CleverTap investor, Tiger Global Management. Capital from the round will be used to accelerate the… <\/p>\n

<\/div>\n

Read More<\/a><\/p>\n","protected":false},"author":10,"featured_media":4952,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"yoast_head":"\nCleverTap secures $26m Series B at a company valuation of over $150m - AI in Financial Services Forum<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fintech.global\/AIFinTechForum\/clevertap-secures-26m-series-b-at-a-company-valuation-of-over-150m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CleverTap secures $26m Series B at a company valuation of over $150m - AI in Financial Services Forum\" \/>\n<meta property=\"og:description\" content=\"Customer lifecycle management platform CleverTap has secured $26m for its Series B round of funding, valuing the company at more than $150m. The capital injection was led by Sequoia India, with participation also coming from previous backer Accel and first-time CleverTap investor, Tiger Global Management. Capital from the round will be used to accelerate the... Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fintech.global\/AIFinTechForum\/clevertap-secures-26m-series-b-at-a-company-valuation-of-over-150m\/\" \/>\n<meta property=\"og:site_name\" content=\"AI in Financial Services Forum\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-11T14:25:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/fintech.global\/AIFinTechForum\/wp-content\/uploads\/2019\/04\/paper-3249919_960_720.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"601\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"James Haxell\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"James Haxell\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fintech.global\/AIFinTechForum\/clevertap-secures-26m-series-b-at-a-company-valuation-of-over-150m\/\",\"url\":\"https:\/\/fintech.global\/AIFinTechForum\/clevertap-secures-26m-series-b-at-a-company-valuation-of-over-150m\/\",\"name\":\"CleverTap secures $26m Series B at a company valuation of over $150m - AI in Financial Services Forum\",\"isPartOf\":{\"@id\":\"https:\/\/fintech.global\/AIFinTechForum\/#website\"},\"datePublished\":\"2019-04-11T14:25:31+00:00\",\"dateModified\":\"2019-04-11T14:25:31+00:00\",\"author\":{\"@id\":\"https:\/\/fintech.global\/AIFinTechForum\/#\/schema\/person\/7ae8d9db346a6c8e7b29caa3ac2bce71\"},\"breadcrumb\":{\"@id\":\"https:\/\/fintech.global\/AIFinTechForum\/clevertap-secures-26m-series-b-at-a-company-valuation-of-over-150m\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fintech.global\/AIFinTechForum\/clevertap-secures-26m-series-b-at-a-company-valuation-of-over-150m\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fintech.global\/AIFinTechForum\/clevertap-secures-26m-series-b-at-a-company-valuation-of-over-150m\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fintech.global\/AIFinTechForum\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CleverTap secures $26m Series B at a company valuation of over $150m\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fintech.global\/AIFinTechForum\/#website\",\"url\":\"https:\/\/fintech.global\/AIFinTechForum\/\",\"name\":\"AI in Financial Services Forum\",\"description\":\"The most senior-level event event for the adoption of AI in Financial Services\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fintech.global\/AIFinTechForum\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/fintech.global\/AIFinTechForum\/#\/schema\/person\/7ae8d9db346a6c8e7b29caa3ac2bce71\",\"name\":\"James Haxell\",\"url\":\"https:\/\/fintech.global\/AIFinTechForum\/author\/jhaxell\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"CleverTap secures $26m Series B at a company valuation of over $150m - AI in Financial Services Forum","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fintech.global\/AIFinTechForum\/clevertap-secures-26m-series-b-at-a-company-valuation-of-over-150m\/","og_locale":"en_US","og_type":"article","og_title":"CleverTap secures $26m Series B at a company valuation of over $150m - AI in Financial Services Forum","og_description":"Customer lifecycle management platform CleverTap has secured $26m for its Series B round of funding, valuing the company at more than $150m. The capital injection was led by Sequoia India, with participation also coming from previous backer Accel and first-time CleverTap investor, Tiger Global Management. Capital from the round will be used to accelerate the... Read More","og_url":"https:\/\/fintech.global\/AIFinTechForum\/clevertap-secures-26m-series-b-at-a-company-valuation-of-over-150m\/","og_site_name":"AI in Financial Services Forum","article_published_time":"2019-04-11T14:25:31+00:00","og_image":[{"width":960,"height":601,"url":"https:\/\/fintech.global\/AIFinTechForum\/wp-content\/uploads\/2019\/04\/paper-3249919_960_720.jpg","type":"image\/jpeg"}],"author":"James Haxell","twitter_card":"summary_large_image","twitter_misc":{"Written by":"James Haxell","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/fintech.global\/AIFinTechForum\/clevertap-secures-26m-series-b-at-a-company-valuation-of-over-150m\/","url":"https:\/\/fintech.global\/AIFinTechForum\/clevertap-secures-26m-series-b-at-a-company-valuation-of-over-150m\/","name":"CleverTap secures $26m Series B at a company valuation of over $150m - AI in Financial Services Forum","isPartOf":{"@id":"https:\/\/fintech.global\/AIFinTechForum\/#website"},"datePublished":"2019-04-11T14:25:31+00:00","dateModified":"2019-04-11T14:25:31+00:00","author":{"@id":"https:\/\/fintech.global\/AIFinTechForum\/#\/schema\/person\/7ae8d9db346a6c8e7b29caa3ac2bce71"},"breadcrumb":{"@id":"https:\/\/fintech.global\/AIFinTechForum\/clevertap-secures-26m-series-b-at-a-company-valuation-of-over-150m\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fintech.global\/AIFinTechForum\/clevertap-secures-26m-series-b-at-a-company-valuation-of-over-150m\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/fintech.global\/AIFinTechForum\/clevertap-secures-26m-series-b-at-a-company-valuation-of-over-150m\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fintech.global\/AIFinTechForum\/"},{"@type":"ListItem","position":2,"name":"CleverTap secures $26m Series B at a company valuation of over $150m"}]},{"@type":"WebSite","@id":"https:\/\/fintech.global\/AIFinTechForum\/#website","url":"https:\/\/fintech.global\/AIFinTechForum\/","name":"AI in Financial Services Forum","description":"The most senior-level event event for the adoption of AI in Financial Services","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fintech.global\/AIFinTechForum\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/fintech.global\/AIFinTechForum\/#\/schema\/person\/7ae8d9db346a6c8e7b29caa3ac2bce71","name":"James Haxell","url":"https:\/\/fintech.global\/AIFinTechForum\/author\/jhaxell\/"}]}},"_links":{"self":[{"href":"https:\/\/fintech.global\/AIFinTechForum\/wp-json\/wp\/v2\/posts\/4951"}],"collection":[{"href":"https:\/\/fintech.global\/AIFinTechForum\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fintech.global\/AIFinTechForum\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fintech.global\/AIFinTechForum\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/fintech.global\/AIFinTechForum\/wp-json\/wp\/v2\/comments?post=4951"}],"version-history":[{"count":0,"href":"https:\/\/fintech.global\/AIFinTechForum\/wp-json\/wp\/v2\/posts\/4951\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fintech.global\/AIFinTechForum\/wp-json\/wp\/v2\/media\/4952"}],"wp:attachment":[{"href":"https:\/\/fintech.global\/AIFinTechForum\/wp-json\/wp\/v2\/media?parent=4951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fintech.global\/AIFinTechForum\/wp-json\/wp\/v2\/categories?post=4951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fintech.global\/AIFinTechForum\/wp-json\/wp\/v2\/tags?post=4951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}