- CometChat enables top enterprises to integrate critical functions like chat, voice & video within websites and apps
- CometChat has recently integrated with Chat-GPT
- Funds raised to be used for scaling up its product offering, strengthen presence in Europe and expand strongly in the APAC region.
- CometChat so far has raised over 145 Cr and is backed by marquee investors like Signal Peak Ventures, Matchstick Ventures, Range Ventures and Unbound Ventures
- CometChat’s engagement metrics has grown 3x in the last 12 months
- The startup has handled over 800 million connections and has been doubling revenues every year
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| (L-R) – Anuj Garg and Anant Garg |
CometChat has raised Rs over 145 crore till date and is backed by marquee investors including Signal Peak Ventures, Matchstick Ventures, Range Ventures and Unbound Ventures.
CometChat with its headquarters in Denver and Mumbai was incorporated in the US in 2019 by twin brothers Anuj Garg and Anant Garg. The CpaaS startup works with top global enterprises by providing them a full-fledged messaging and communications platform within apps and websites to improve brand’s user engagement. It allows users to get real time engagement and have conversations via messaging, voice calling and HD video chat. The software provides user to user engagement for a growing customer base via robust offering and helps enterprises save hundreds of developer hours and the associated costs that companies have to otherwise spend in building this tech from the scratch.
Anuj Garg, Co-founder CEO, CometChat, says, “We are a revenue focused business continuously growing in large international markets. Thus, our business fundamentals and strong balance sheet has enabled us to raise this round as we are in a comfortable position to service the debt. The aim is to raise capital for an extended runway of 5 years as we put our growth plans in the fast lane.”
In the last 12 months, CometChat's customer base has grown by 3X and product usage by 300%. The Company with its B2D (Business to developer) approach, has handled over 800 million connections so far. The Company has earned numerous awards including, ‘Established Product/ at the 30th Annual HYSEA Summit and “Best Estimated ROI” by G2.
Sam Clark, MD, Zions Venture Fund, says, “Zions is thrilled to be partnering with CometChat for this debt facility. We have been impressed by the team and what they have accomplished to date. Excited to be a part of the journey and support the Company through its phases of growth.”
In addition to fuelling growth by expanding in the new markets with its developer first approach CometChat holds a strong position in the North American region. It not only has robust offerings like SDKs and APIs, Open Sourced UI Kits and Widgets, the startup now has integrated with a large language model chatbot popularly known as ChatGPT.
CometChat is emerging as a trustworthy communication platform worldwide and is presently working with sectors like marketplaces, community apps, telehealth applications, ed-tech, any internal messaging or enterprise system.
CometChat with its headquarters in Denver and Mumbai was incorporated in the US in 2019 by twin brothers Anuj Garg and Anant Garg. The CpaaS startup works with top global enterprises by providing them a full-fledged messaging and communications platform within apps and websites to improve brand’s user engagement. It allows users to get real time engagement and have conversations via messaging, voice calling and HD video chat. The software provides user to user engagement for a growing customer base via robust offering and helps enterprises save hundreds of developer hours and the associated costs that companies have to otherwise spend in building this tech from the scratch.
Anuj Garg, Co-founder CEO, CometChat, says, “We are a revenue focused business continuously growing in large international markets. Thus, our business fundamentals and strong balance sheet has enabled us to raise this round as we are in a comfortable position to service the debt. The aim is to raise capital for an extended runway of 5 years as we put our growth plans in the fast lane.”
In the last 12 months, CometChat's customer base has grown by 3X and product usage by 300%. The Company with its B2D (Business to developer) approach, has handled over 800 million connections so far. The Company has earned numerous awards including, ‘Established Product/ at the 30th Annual HYSEA Summit and “Best Estimated ROI” by G2.
Sam Clark, MD, Zions Venture Fund, says, “Zions is thrilled to be partnering with CometChat for this debt facility. We have been impressed by the team and what they have accomplished to date. Excited to be a part of the journey and support the Company through its phases of growth.”
In addition to fuelling growth by expanding in the new markets with its developer first approach CometChat holds a strong position in the North American region. It not only has robust offerings like SDKs and APIs, Open Sourced UI Kits and Widgets, the startup now has integrated with a large language model chatbot popularly known as ChatGPT.
CometChat is emerging as a trustworthy communication platform worldwide and is presently working with sectors like marketplaces, community apps, telehealth applications, ed-tech, any internal messaging or enterprise system.
About CometChat:
Trusted by over 50,000 developers worldwide, CometChat’s communication platform provides easy to use text chat, voice and video functionality for websites and apps across all industries. Their dedicated team has obsessed over building a scalable, secure and easy to use communication platform that delivers meaningful user to user engagement for a growing customer base via a robust offering of Chat APIs, SDKs, and Open Sourced UI Kits & Widgets. With headquarters located in Denver, Colorado, the global team is united by a shared mission to fuel our customer’s growth through meaningful user to user engagement.
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