Attentive Raises $230M Series D Investment

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 Attentive, the personalized text messaging SaaS platform for brands and organizations, reported today that it has raised a $230 million Series D venture round at a $2.2 billion valuation, driven by Coatue.

Tiger Global, Wellington Management Company, D1 Capital Partners, Atomico, and Sozo Ventures are new investors in the company — joining existing investors Bain Capital Ventures, Sequoia, Sequoia Capital Global Equities, Coatue, IVP, Eniac Ventures, NextView Ventures, High Alpha, and Sapphire Ventures.

This investment comes only five months after the declaration of the expansion of its Series C round adding up to $110 million in April 2020. The present declaration brings the all-out capital raised by Attentive to $394 million—$340 million of which was made sure about in 2020.

Attentive currently works with more than 2,000 leading businesses, for example, Sephora, Tapestry (Coach, Kate Spade, Stuart Weitzman), Urban Outfitters, Michaels, Steve Madden, and Jack in the Box — driving billions of dollars in transactions.

The extra capital will be utilized to keep on quickening the organization’s fast movement of item advancement and to put resources into the employing and expert improvement of top ability. Attentive currently has more than 400 full-time workers, speaking to a 310% expansion in headcount year-over-year. More individuals have joined the organization since the progress to distant work due to COVID-19 than were in the group before March.

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