What is Capillary?
Capillary Technologies, founded in 2012, operates as a technology-first entity delivering AI-driven, cloud-native SaaS programs and solutions. The company's platform is designed to assist brands across various industries in their digital transformation efforts, aiming to enhance consumer engagement and loyalty. By leveraging advanced AI and SaaS capabilities, Capillary empowers businesses to create more personalized and effective customer experiences, thereby driving deeper connections and improving overall brand performance in an increasingly competitive digital landscape.
How much funding has Capillary raised?
Capillary has raised a total of $147.1M across 8 funding rounds:
Angel/Seed
$100K
Series A
$15.5M
Private Equity
$4.5M
Series B
$14M
Series C
$45M
Debt
$3M
Other Financing Round
$20M
Series D
$45M
Angel/Seed (2009): $100K with participation from Qualcomm Ventures
Series A (2012): $15.5M led by Qualcomm Ventures, Norwest Venture Partners, and Steamboat Ventures
Private Equity (2014): $4.5M supported by Norwest Venture Partners, Qualcomm Ventures, American Express, and Steamboat Ventures
Series B (2014): $14M featuring Steamboat Ventures and Norwest Venture Partners
Series C (2015): $45M backed by Norwest Ventures, Steamboat Ventures, and Warburg Pincus LLC
Debt (2016): $3M with participation from InnoVen Capital
Other Financing Round (2018): $20M led by Norwest Venture Partners, Warburg Pincus, American Express, Innoven Capital, and Steamboat Ventures
Series D (2023): $45M supported by Avataar Ventures, Pantheon, and Innoven Capital
Key Investors in Capillary
Avataar Ventures
Avataar Ventures is a growth-stage fund that partners with high-growth B2B and SaaS companies, providing strategic capital and operational expertise to help them scale and become IPO-ready. They focus on enabling businesses to strategize, grow, and enhance their market presence.
Pantheon
Pantheon Ventures (UK) LLP is a private equity, infrastructure, real assets and debt investor. It provides investment strategies and private wealth solutions, focusing on building long-term value.
Innoven Capital
InnoVen Capital is Asia's leading venture lending platform that provides debt capital to high-growth, venture-backed technology companies. They actively support talented founders in growing their businesses across Asia.
What's next for Capillary?
The recent major strategic investment in Capillary signals a pivotal stage for the company, likely indicating a focus on scaling operations, expanding market reach, and further developing its AI-driven SaaS platform. This substantial capital infusion, following a history of consistent financing from prominent investors, suggests a strong confidence in Capillary's business model and its potential for future growth. The company is well-positioned to capitalize on the growing demand for sophisticated digital transformation tools and enhanced consumer engagement solutions, potentially exploring new market segments or deepening its technological innovation to maintain its competitive edge.
See full Capillary company page
