Venture Capital: Contentsquare Lands $600M Series F, Doubles Valuation To $5.6B
Contentsquare is an AI-powered platform for digital experience analytics.
Contentsquare announced the close of its $600 million round comprising a $400 million Series F round and $200 million in debt financing. Sixth Street Growth led the round alongside Bpifrance, Canaan, Eurazeo, Highland Europe, KKR, LionTree, SoftBank Vision Fund 2, and funds and accounts managed by BlackRock. BNP Paribas, Crédit Agricole Corporate & Investment Bank, Goldman Sachs, JP Morgan, and Société Générale participated in the debt facility (Businesswire)
Contentsquare previously raised funds in May 2021 via its $500 million Series E.
Its total funding now stands at $1.4 billion.
Contentsquare
The company’s AI-powered platform enables clients to understand their customers’ digital experience via websites and apps. Every customer interaction is analyzed by the AI engine to develop and deliver meaningful analytics that can be used by the client to enhance the digital experience, ensure customer delight and drive business growth.
The platform analyzes 3,200 billion customer interactions monthly and $2.5 billion in transactions daily across one million customers worldwide spanning all verticals: retail, luxury, entertainment, telco, travel, automotive, B2B and finance.
The startup generates several hundreds of million dollars in annual recurring revenue and clocks a year-on-year revenue growth rate over 100%.
It will use the latest funding to further innovate products, make acquisitions, grow its key markets and expand into new ones.
“Contentsquare is uniquely positioned within the growing customer experience sector as it continues to provide customers with more advanced tools to scale their businesses and create deeper brand connections,” said Bo Stanley, Partner and Co-Head of Sixth Street Growth.
Related Story: BlackRock Leads $190M Series D Round in Contentsquare
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