TextUs has raised $22 million in Series C financing, led by Eastside Partners, to enhance its industry-leading text messaging platform and expand its market presence.
Target Information
TextUs is a leading enterprise texting platform that enables businesses to engage in meaningful, real-time conversations at scale. By offering a two-way messaging solution, TextUs fills a significant gap in the business messaging landscape, achieving engagement rates up to ten times higher than traditional communication methods like email or voice calls. The platform boasts a 98% read rate and is designed to maximize both reach and customer conversion, making it a vital tool for companies aiming to enhance their communication strategies.
The introduction of TextUs's services comes at a critical time as organizations increasingly seek effective ways to connect with customers, candidates, and employees. With the SMS market projected to grow significantly, TextUs stands poised to capitalize on this trend by providing a comprehensive messaging solution that integrates seamlessly with existing enterprise software.
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Industry Overview
In the United States, the business messaging market is rapidly evolving, with texting emerging as a primary channel for communication. The growing adoption of SMS in various sectors highlights its effectiveness in brid
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Eastside Partners
invested in
TextUs
in 2023
in a Growth Equity & Expansion Capital deal
Disclosed details
Transaction Size: $22M