About TextUs
TextUs is a company based in Boulder (United States) founded in 2012.. TextUs has raised $28.5 million across 4 funding rounds from investors including Eastside Partners, Access Venture Partners and Blossom Street Ventures. TextUs offers products and services including SMS Engagement Software, 2-Way Texting, and SMS Automation. TextUs operates in a competitive market with competitors including Mblox, MessageMedia, SendHub, LINK Mobility and Avochato, among others.
- Headquarter Boulder, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Text Us Services, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$28.5 M (USD)
in 4 rounds
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Latest Funding Round
$22 M (USD), Series C
Dec 01, 2021
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Investors
Eastside Partners
& 2 more
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Employee Count
Employee Count
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Products & Services of TextUs
TextUs offers a comprehensive portfolio of products and services, including SMS Engagement Software, 2-Way Texting, and SMS Automation. 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 business texting campaigns and automation.
Enables interactive SMS communication for user engagement.
Automates messaging workflows to improve business efficiency.
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Leadership Team
4 people
Senior Team
2 people
ML Team
1 people
Operations Team
1 people
Product Management Team
1 people
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Funding Insights of TextUs
TextUs has successfully raised a total of $28.5M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $22 million completed in December 2021. 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 4
- Last Round Series C — $22.0M
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First Round
First Round
(25 May 2018)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series C - TextUs | Valuation | Eastside Partners | |
| Feb, 2020 | Amount | Series B - TextUs | Valuation |
investors |
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| Feb, 2020 | Amount | Debt – Conventional - TextUs | Valuation |
investors |
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| 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 TextUs
TextUs has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Eastside Partners, Access Venture Partners and Blossom Street Ventures. 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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Growth-stage investments are provided by Eastside Partners in technology and healthcare.
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Founded Year | Domain | Location | |
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US focused early to expansion stage VC firm
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Founded Year | Domain | Location | |
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Venture capital funding for SaaS companies.
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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 TextUs
| 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 - TextUs
| 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 |
Textus Comparisons
Competitors of TextUs
TextUs 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 Mblox, MessageMedia, SendHub, LINK Mobility and Avochato, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mobile messaging services for brands are delivered globally.
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| domain | founded_year | HQ Location |
Mobile messaging services are provided for business communications.
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| domain | founded_year | HQ Location |
Cloud-based platform for SMS marketing and voice communications is offered.
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| domain | founded_year | HQ Location |
Mobile payment and messaging solutions are provided to businesses.
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| domain | founded_year | HQ Location |
Business text messaging software
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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 Textus
Frequently Asked Questions about TextUs
When was TextUs founded?
TextUs was founded in 2012 and raised its 1st funding round 6 years after it was founded.
Where is TextUs located?
TextUs is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.
Is TextUs a funded company?
TextUs is a funded company, having raised a total of $28.5M across 4 funding rounds to date. The company's 1st funding round was a Series B of $5M, raised on May 25, 2018.
What does TextUs do?
TextUs was founded in 2012 and is headquartered in Boulder, United States. Two-way text messaging services are provided to existing landline numbers, enabling businesses to handle customer inquiries through web-based dashboards. Conversations can be created and managed simultaneously from computers, supporting sales and support operations in the communications sector. Agents are equipped to manage multiple interactions, facilitating customer engagement across various queries.
Who are the top competitors of TextUs?
TextUs's top competitors include LINK Mobility, Mblox and TextMagic.
What products or services does TextUs offer?
TextUs offers SMS Engagement Software, 2-Way Texting, and SMS Automation.
Who are TextUs's investors?
TextUs has 3 investors. Key investors include Eastside Partners, Access Venture Partners, and Blossom Street Ventures.