What is Clevertap?
CleverTap operates as a sophisticated customer engagement platform designed to empower brands to deliver hyper-personalized experiences. At the core of its value proposition is TesseractDB, a purpose-built database architecture that facilitates rapid, efficient, and scalable engagement across diverse digital channels. By enabling businesses to synthesize complex user data into actionable insights, the platform helps organizations maximize customer lifetime value and refine retention strategies. As a critical component of the modern enterprise stack, CleverTap serves as a bridge between raw data and meaningful, data-driven customer relationships, ensuring that brands remain agile in an increasingly fragmented digital ecosystem.
How much funding has Clevertap raised?
Clevertap has raised a total of $175.6M across 5 funding rounds:
Other Financing Round
$1.6M
Series A
$8M
Series B
$26M
Series C
$35M
Unspecified
$105M
Other Financing Round (2014): $1.6M with participation from Accel
Series A (2015): $8M led by Steamboat Ventures and Accel
Series B (2019): $26M supported by TriplePoint Venture Growth BDC, Accel, and Sequoia India
Series C (2019): $35M featuring Sequoia India and TriplePoint Venture Growth BDC
Unspecified (2022): $105M, investors not publicly disclosed
Key Investors in Clevertap
Sequoia India
A prominent venture capital firm managing significant funds in India, focusing on long-term partnerships with entrepreneurs across venture, growth, and late-stage opportunities.
Accel
A globally recognized venture capital firm that provides strategic backing to early and growth-stage technology companies, leveraging a deep history of supporting market leaders.
TriplePoint Venture Growth BDC
A specialized provider of financing solutions for high-growth technology and life sciences companies, focusing on maximizing returns through debt and equity-linked instruments.
What's next for Clevertap?
With the successful completion of its latest funding round, CleverTap is poised to enter a new phase of operational maturity. The strategic focus will likely shift toward enhancing the TesseractDB infrastructure to support even higher volumes of concurrent data processing, alongside aggressive market penetration in key international territories. As the demand for personalized, real-time customer interaction continues to surge, the company is expected to prioritize product innovation, potentially integrating advanced predictive analytics and automated orchestration tools. This capital infusion provides the necessary runway to solidify its market leadership, attract top-tier engineering talent, and continue its mission of redefining how global enterprises interact with their digital audiences.
See full Clevertap company page
