About CrossEngage
CrossEngage is a company based in Berlin (Germany) founded in 2015 was acquired by Spotler Group in January 2024.. CrossEngage has raised $13.41 million across 5 funding rounds from investors including Spotler Group, Earlybird-Ventures and Project A. The company has 64 employees as of December 31, 2020. CrossEngage offers products and services including ActivatePro, Mail+, SendPro, and Connect. CrossEngage operates in a competitive market with competitors including Twilio, Acquia, Capillary Technologies, Segment and Hightouch, among others.
- Headquarter Berlin, Germany
- Employees 64 as on 31 Dec, 2020
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$13.41 M (USD)
in 5 rounds
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Latest Funding Round
$7.59 M (USD), Series A
Sep 24, 2020
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Investors
Spotler Group
& 28 more
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Employee Count
64
as on Dec 31, 2020
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Acquired by
Spotler Group
(Jan 08, 2024)
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Products & Services of CrossEngage
CrossEngage offers a comprehensive portfolio of products and services, including ActivatePro, Mail+, SendPro, and Connect. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for managing customer data and predictive modeling.
Software for newsletters and automated campaigns to boost engagement.
Service for secure and fast delivery of transaction emails.
Tool to connect webshops with data platforms and services.
Unlock access to complete
Funding Insights of CrossEngage
CrossEngage has successfully raised a total of $13.41M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $7.59 million completed in September 2020. 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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $7.6M
- First Round First Round
- Investors Count 28
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Series A - CrossEngage | Valuation | Earlybird-Ventures | |
| Jan, 2019 | Amount | Series A - CrossEngage | Valuation | Vorwerk-Group , Columbia Lake Partners | |
| Nov, 2017 | Amount | Series A - CrossEngage | Valuation | Earlybird , Vorwerk Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CrossEngage
CrossEngage has secured backing from 29 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Spotler Group, Earlybird-Ventures and Project A. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Project A is recognized as an early-stage venture capital firm focused on European startups.
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Founded Year | Domain | Location | |
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Vorwerk Ventures is engaged in venture capital funding for tech startups.
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Founded Year | Domain | Location | |
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Tech investments in Germany are made by Target Partners.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CrossEngage
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CrossEngage
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Crossengage Comparisons
Competitors of CrossEngage
CrossEngage 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 Twilio, Acquia, Capillary Technologies, Segment and Hightouch, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based omnichannel communication and customer engagement platform is utilized.
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AI powered digital experience and customer data management platform
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| domain | founded_year | HQ Location |
AI-powered loyalty management software is offered for enterprises.
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Customer data is integrated and collected via cloud-based API platform.
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Cloud based data integration and customer data platform
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| domain | founded_year | HQ Location |
Cloud-based platform enables digital experience management for marketers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Crossengage
Frequently Asked Questions about CrossEngage
When was CrossEngage founded?
CrossEngage was founded in 2015.
Where is CrossEngage located?
CrossEngage is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is CrossEngage a funded company?
CrossEngage is a funded company, having raised a total of $13.41M across 5 funding rounds to date. The company's 1st funding round was a Series A of $5.82M, raised on Jun 01, 2015.
How many employees does CrossEngage have?
As of Dec 31, 2020, the latest employee count at CrossEngage is 64.
What does CrossEngage do?
Founded in 2015 and based in Berlin, Germany, CrossEngage operates in the marketing technology sector. Cloud-based software is provided to manage campaigns across channels such as email, Facebook, WhatsApp, and postcards. User data is gathered and consolidated to build comprehensive profiles, which are segmented by demographic and behavioral factors. Integrations with platforms like Mailchimp, Sendgrid, and Facebook enable targeted outreach. A dashboard is included for tracking campaign performance metrics.
Who are the top competitors of CrossEngage?
CrossEngage's top competitors include Twilio, Capillary Technologies and Segment.
What products or services does CrossEngage offer?
CrossEngage offers ActivatePro, Mail+, SendPro, and Connect.
Who are CrossEngage's investors?
CrossEngage has 29 investors. Key investors include Spotler Group, Earlybird-Ventures, Project A, Vorwerk Ventures, and Target Partners.