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New Deal


Announced

Completed

Goldman Sachs and B Capital led a $77m Series E round in MoEngage.

Financials

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Transaction Value£61m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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customer engagement platform

Private

Completed

Private Equity

Acquisition

United States

Friendly

Digital Services

Domestic

Marketing automation

Venture Capital

Minority

Single Bidder

Synopsis

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Goldman Sachs Asset Management and B Capital led a $77m Series E round in MoEngage, a customer engagement platform, with participation from the company's existing investors Steadview Capital, Multiples Alternate Asset Management, Eight Roads Ventures, and Matrix Partners India. "With this newest round of funding, MoEngage will have the ability to expand what we've been building, enter new markets, and add even more innovation to our platform. We're proud to add Goldman Sachs Asset Management and B Capital to our outstanding team of investors and look forward to our next phase of unprecedented growth," Raviteja Dodda, MoEngage Co-founder and CEO.

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