CleverTap raises $35M


Customer lifecycle and user retention platform company CleverTap has completed a Series C investment round. The funding was led by existing investors Tiger Global Management and Sequoia India.

The new funding increases CleverTap’s outside investment to $61 million since the beginning of 2019 — a period that has seen the company’s valuation more than double from $150 million to $385 million, says the company. CleverTap has raised $77 million to date.

CleverTap has offices in Mountain View, California; Mumbai, India; and a presence in Singapore.

[Image courtesy: CleverTap]