Textel

St. Louis, United States Founded: 2014 • Age: 12 yrs Acquired By Capacity
Provider of a text and cloud-based customer support chatbot for enterprises
Annual revenue - Latest available
Total funding $4.0M 1 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Textel

Textel is a company based in St. Louis (United States) founded in 2014 was acquired by Capacity in January 2023. Textel has raised $4 million across 1 funding round from investors including Capacity, Capital Midwest Fund and Stout Street Capital. Textel offers products and services including Intelligent Virtual Agents, Agent Assist, and Campaigns and Workflows. Textel operates in a competitive market with competitors including Twilio, Genesys, Freshworks, Dialpad and Sprinklr, among others.

  • Headquarter St. Louis, United States
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Technology → Enterprise Software & Productivity Solutions
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4 M (USD)

    in 1 rounds

  • Latest Funding Round
    $4 M (USD), Series A

    Sep 01, 2020

  • Investors
    Capacity

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    Capacity

    (Jan 19, 2023)

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Products & Services of Textel

Textel offers a comprehensive portfolio of products and services, including Intelligent Virtual Agents, Agent Assist, and Campaigns and Workflows.

Primary

Automates self-service for customer interactions across channels

Provides real-time AI coaching and suggestions for agents

Streamlines tasks and enhances operational efficiency

People of Textel

Headcount 10-50
Employee Profiles 12
Employee Profiles
People
Mike Mixon
Chief Revenue Officer
People
Sarah Schulte
Customer Success Manager
People
Jenna Brown
Channel Sales Manager
People
Rhona Educalan
Implementation Engineer

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Funding Insights of Textel

Textel has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Series A round of $4 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 Rounds 1
  • Last Round Series A — $4.0M
  • First Round

    (01 Sep 2020)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2020 Amount Series A - Textel Valuation Cultivation Capital

Investors in Textel

Textel has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Capacity, Capital Midwest Fund and Stout Street Capital.

All
Venture Fund
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
VC fund investing in early-stage technology companies
Founded Year Domain Location
Early-stage tech companies are funded by this venture capital firm.
Founded Year Domain Location

Investments & Acquisitions by Textel

Investments

Financial Statements - Textel

Textel Comparisons

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Competitors of Textel

Textel 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, Genesys, Freshworks, Dialpad and Sprinklr, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based omnichannel communication and customer engagement platform is utilized.
domain founded_year HQ Location
Cloud-based omnichannel customer experience and contact center solutions are delivered.
domain founded_year HQ Location
Cloud-based business process management suite solutions are delivered.
domain founded_year HQ Location
Cloud-based unified communication solutions including voice and video are provided.
domain founded_year HQ Location
Cloud-based customer experience management software is provided for brands.
domain founded_year HQ Location
Tools for customer engagement across multiple channels are provided.

Latest news on Textel

Textel Expands Partnership with NICE
Destinationcrm4 years ago
Textel Partners with RingCentral
Destinationcrm4 years ago

Frequently Asked Questions about Textel

Textel was founded in 2014 and raised its 1st funding round 6 years after it was founded.

Textel is headquartered in St. Louis, United States. It is registered at St. Louis, Missouri, United States.

James Diel is the current CEO of Textel.

Textel is a funded company, having raised a total of $4M across 1 funding round to date. The company's 1st funding round was a Series A of $4M, raised on Sep 01, 2020.

Provider of a text and cloud-based customer support chatbot for enterprises. Supports scheduled, MMS, group texting with an analytics reporting dashboard. It supports long code texting only(and not shortcode texting used for marketing purposes).

Textel's top competitors include Twilio, Genesys and Freshworks.

Textel offers Intelligent Virtual Agents, Agent Assist, and Campaigns and Workflows.

Textel has 4 investors. Key investors include Capacity, Capital Midwest Fund, Stout Street Capital, and Cultivation Capital.

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