MoEngage raises additional $30 mn funding in round led by Steadview Capital

Series D funding at twice the valuation from its earlier Series C1 of $32.5 million in July

MoEngage, the insights-led customer engagement platform, said that it has raised Series D funding of $30 million, at twice the valuation from its earlier Series C1 investment of $32.5 million in July. This round was led by Steadview Capital, with participation from the company’s existing investors Multiples Alternate Asset Management, Eight Roads Ventures, F-Prime Capital, and Matrix Partners.

The additional capital will also be used to accelerate growth. The company has scaled rapidly in the past 12 months and has doubled its headcount to 450 employees globally. It recently opened offices in Boston, London, Berlin and Ho-Chi Minh City. It