Barcelona-based conversational interaction platform Typeform, has raised $135 million funding. The Series C round was led by Sofina. Existing investors, including General Atlantic, Index Ventures, Point Nine Capital and Connect Ventures, as well as new investors such as Top Tier Capital Partners, GP Bullhound, Teamworthy Ventures and Trium Venture Partners, also participated in the round. The latest investment brings the startup’s total investment to more than $187 million.
The platform will accelerate product development, nurture emerging technologies, expand headcount and deepen strategic partnerships with the new capital infusion.
Launched in 2012, the no-code SaaS platform is helping companies grow their business by engaging with their audience. It offers people-friendly forms, quizzes, surveys, and asynchronous video solutions to turn digital interactions into human connections.
Joaquim Lecha, CEO, Typeform said: “We aim to build robust full-funnel solutions, expand our global team and help customers engage their audiences and grow their businesses by enabling more immersive online, asynchronous, human-led experiences.”
David Okuniev, co-founder, head of research and development, lead designer, Typeform added: “Now, as our time is increasingly spent online, businesses of all sizes confront intense pressure to create a meaningful digital experience and find opportunities to make personal connections with their customers through online interactions.”
Currently, it is used by more than 125,000 businesses worldwide and drives over 500 million interactions every year across both paid and free products. The company has more than tripled its annualised recurring revenue since 2018.
“The accelerated consumer shift to digital channels and increasing importance of digital native brands are driving the need to build closer online engagement with customers,” said Benjamin Sabatier, principal at Sofina.
Since raising Series B funding in 2017, the company has added robust capabilities to its conversational interaction offerings. It launched new products such as VideoAsk, a video conversation solution that enables one-to-one asynchronous conversations at scale, and Typeform Chat, a no-code chatbot builder that was introduced to let businesses engage audiences with a life-like chat.
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