WizRocket, Inc.

WizRocket, Inc. is a customer engagement platform that empowers businesses to enhance customer lifetime value through personalized marketing solutions, utilizing data analytics and real-time communication across multiple channels. Founded in 2013 and headquartered in Mountain View, US, WizRocket, Inc. specializes in customer engagement technology.

The company has raised a total of USD 78. 00 mn across multiple funding rounds, with its most recent deal being a Series D round on August 5, 2022, led by CDPQ and supported by Sequoia Capital and others. The founders include Anand Jain, Sunil Thomas, and Suresh Kondamudi, with CEO Sidharth Malik and Sunil Thomas leading the team. CleverTap, the platform by WizRocket, offers a comprehensive customer engagement solution aimed at improving customer lifetime value through data-driven marketing.

It features capabilities in customer data analytics, campaign orchestration, and personalized messaging across channels like push notifications, email, SMS, and in-app communications, benefiting clients in diverse sectors such as e-commerce, subscriptions, financial services, and gaming. CleverTap generates its revenue through a subscription-based model, allowing clients access to an array of advanced marketing tools. Clients enter annual agreements to utilize features such as customer segmentation and reporting tools, tailored to enhance customer interactions across both B2B and direct-to-consumer markets, focusing on delivering value through its flagship offerings. Following the Series D funding round of USD 78.

00 mn in August 2022, led by CDPQ, WizRocket, Inc. plans to utilize this capital to expand its market reach and enhance technology development. The company aims to introduce new products and explore additional markets, details of which will be revealed as they progress. This strategic funding effort reflects their commitment to enhancing their solutions and business capabilities.