What is Postscript?
Postscript operates as a key player in the SMS Marketing industry, providing businesses with a robust software solution for creating, managing, and analyzing SMS marketing campaigns. Based in Scottsdale, Arizona, the company's platform is designed to enhance customer engagement and drive sales through targeted mobile messaging. Postscript's focus on analytics empowers businesses to optimize their marketing efforts and measure campaign effectiveness, positioning it as a vital tool for e-commerce growth.
How much funding has Postscript raised?
Postscript has raised a total of $104.5M across 3 funding rounds:
Angel/Seed
$4.5M
Series B
$35M
Series C
$65M
Angel/Seed (2019): $4.5M with participation from Y Combinator, Ali Capital, Accomplice, and 1984vc
Series B (2021): $35M led by YC Continuity Fund, Openview, and Greylock Partners
Series C (2022): $65M supported by Greylock Partners, Expand Capital, Openview, Accomplice, m]x[v Capital, Twilio Ventures, Elephant, and 01a
Key Investors in Postscript
Greylock Partners
Greylock Partners is a prominent venture capital firm with a long history, focusing on early-stage technology companies across various sectors including enterprise software and AI. They have a track record of backing market-defining businesses.
Expand Capital
Expand Capital is an independent firm specializing in principal investments and corporate finance advisory services, particularly in the Iberian market, focusing on high yield and alternative investments.
Openview
Openview is involved in digital broadcasting platforms, providing audiences with free HD alternatives to traditional broadcasting options. Their involvement suggests a strategic interest in consumer-facing technology and media.
What's next for Postscript?
The recent major strategic investment in Postscript signals a strong confidence from its backers in the company's future growth and market strategy. This capital infusion is expected to fuel further product development, enhance its analytics capabilities, and expand its market reach within the competitive SMS marketing landscape. Postscript is poised to leverage this backing to solidify its position as a leader in e-commerce SMS solutions, potentially exploring new channels and deepening its integration with existing e-commerce platforms to offer a more comprehensive customer communication suite.
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