What does Manychat do?
Manychat is a Palo Alto-based provider specializing in conversational AI and automation across social and messaging platforms, enabling businesses and creators to engage with their audiences through intelligent, automated interactions.
How much did they raise?
The company raised $140M in a funding round led by Summit Partners, adding to its total raised amount of $163.3M since its founding in 2015.
What are their plans for the money?
Manychat plans to use the funds to accelerate its global expansion, invest further in research and development, enhance marketing and customer support capabilities, and roll out advanced AI-agent features across both new and existing channels.
What have they achieved so far?
With over a million users across 170 countries and the successful launch of Manychat AI in 2024, Manychat has already made significant strides in improving conversational engagement and scaling intelligent communication solutions.
