CleverTap

San Francisco, United States Founded: 2013 • Age: 13 yrs
Cloud-based customer engagement platform for messaging and analytics is utilized.
Annual revenue $51.8M Latest available
Total funding $181.6M 8 rounds
Employees 479 Tracked headcount
Investors 7 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About CleverTap

CleverTap is a company based in San Francisco (United States) founded in 2013 by Suresh Kondamudi, Anand Jain, and Sunil Thomas. CleverTap has raised $181.6 million across 8 funding rounds from investors including Accel, 360 One and Plug and Play Tech Center. The company has 479 employees as of December 04, 2024. CleverTap has completed 3 acquisitions, including CleverTap, Leanplum and PatchUS. CleverTap offers products and services including Customer Engagement Platform, Customer Data & Analytics, Push Notifications, Personalization, and Campaign Orchestration. CleverTap operates in a competitive market with competitors including Braze, Capillary Technologies, Gupshup, MoEngage and Blueshift, among others.

  • Headquarter San Francisco, United States
  • Employees 479 as on 04 Dec, 2024
  • Founders Suresh Kondamudi, Anand Jain, Sunil Thomas
  • Stage Minicorn
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Clevertap Private Limited
  • Date of Incorporation 24 May, 2013
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $51.83 M (USD)
    8.6
    as on Mar 31, 2024
  • Net Profit
    $3.55 M (USD)
    -0.13
    as on Mar 31, 2024
  • EBITDA
    $3.85 M (USD)
    -19.92
    as on Mar 31, 2024
  • Total Equity Funding
    $181.6 M (USD)

    in 8 rounds

  • Latest Funding Round
    $105 M (USD), Series D

    Aug 05, 2022

  • Investors
    Accel

    & 6 more

  • Employee Count
    479

    as on Dec 04, 2024

  • Investments & Acquisitions
    CleverTap

    & 2 more

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Products & Services of CleverTap

CleverTap offers a comprehensive portfolio of products and services, including Customer Engagement Platform, Customer Data & Analytics, Push Notifications, Personalization, and Campaign Orchestration.

Product name locked
Category locked
Primary

Platform for analyzing data and orchestrating personalized campaigns.

Product name locked
Category locked
Locked

Tool to ingest, analyze, and segment customer data effectively.

Product name locked
Category locked
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Service for sending targeted notifications to users.

Product name locked
Category locked
Locked

Feature for contextualizing customer experiences in real-time.

Product name locked
Category locked
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System to build omnichannel customer experiences.

People of CleverTap

Headcount 200-500
Employee Profiles 1
Employee Profiles
People
Sunil Thomas
Co-Founder & Executive Chairman

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Teams

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Funding Insights of CleverTap

CleverTap has successfully raised a total of $181.6M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $105 million completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in CleverTap

CleverTap has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Accel, 360 One and Plug and Play Tech Center.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture and private equity investments are managed with global diversification.
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Investment strategies are provided across diverse asset classes and markets.
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Venture capital firm investing in startups and providing support programs.
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Investor details for CleverTap

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Investments & Acquisitions by CleverTap

CleverTap has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include CleverTap, Leanplum and PatchUS.

Investments
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Investment portfolio details for CleverTap

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  • Portfolio identities
  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Customer engagement is facilitated via reward-based promotions and referrals.
Locked Locked 2021 Locked
Secure messaging solutions are delivered via a cloud-based platform.
Locked Locked 2017 Locked
Mobile A/B testing, personalization & analytics platform
Locked Locked 2012 Locked
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Complete acquisition details for CleverTap

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  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - CleverTap

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Detailed financials for CleverTap

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Clevertap Comparisons

CleverTap Primary company
Description
Cloud-based customer engagement platform for messaging and a...
Location
San Francisco, United States
Founded Year
2013
Annual Revenue
$51.83 M (USD)
Net Profit
$3.55 M (USD)
EBITDA
$3.85 M (USD)
Employees
479
As of 2024
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Peer comparison for CleverTap

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Competitors of CleverTap

CleverTap operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Braze, Capillary Technologies, Gupshup, MoEngage and Blueshift, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
AI-based omnichannel customer engagement solutions are delivered to businesses.
Locked Locked Locked
AI-powered loyalty management software is offered for enterprises.
Locked Locked Locked
Tools for customer engagement across multiple channels are provided.
Locked Locked Locked
Cross-channel customer engagement software is delivered through a cloud platform.
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AI-driven platform for unifying customer data and automating personalized marketing.
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Detailed competitors of CleverTap

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Clevertap

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Complete news archive for CleverTap

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about CleverTap

CleverTap was founded in 2013 and raised its 1st funding round 1 year after it was founded.

CleverTap is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Sunil Thomas is the current CEO of CleverTap. They have also founded this company.

CleverTap is a funded company, having raised a total of $181.6M across 8 funding rounds to date.

As of Dec 04, 2024, the latest employee count at CleverTap is 479.

Annual revenue of CleverTap is $51.83M as on Mar 31, 2024.

Cloud based customer engagement platform for businesses. It provides web messaging, push notifications, and in app messaging to connect with customers via SMS or email. The platform personalizes messages based on demographics and attributes such as loyalty status, language preference, or past behavioral data. It enables users to conduct AB tests on campaigns, test different copies, CTAs, creatives and more. It offers analytics tool to provide insights into user behavior and measure campaign performance. Features include cross channel messaging, campaign optimization, journey orchestration, audience segmentation, behavioral analytics, compliance, and more. It caters its solution to industries such as ecommerce, gaming, and finance.

CleverTap's top competitors include Capillary Technologies, MoEngage and Blueshift.

CleverTap offers Customer Engagement Platform, Customer Data & Analytics, Push Notifications, Personalization, and Campaign Orchestration.

CleverTap has made 3 acquisitions, including CleverTap, Leanplum, and PatchUS.

CleverTap has 7 investors. Key investors include Accel, 360 One, Plug and Play Tech Center, Peak XV Partners, and Recruit Holdings.

The valuation of CleverTap is $775M as of Aug 2022.

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