Big news! We’ve just closed a $140 million funding round led by Summit Partners, bringing our total funding to $163.3 million. This is a massive milestone for us, and we couldn’t be more excited about what’s ahead.
Since starting Manychat in 2015, we’ve been on a mission to help businesses build impactful relationships with their customers, especially on social and messaging apps.
And with social commerce expected to hit over $100 billion in the U.S. alone by 2026, we’re right in the middle of a revolution, helping creators and businesses use AI and automation to connect with their audiences meaningfully.
Here’s what’s keeping us busy these days:
- We power billions of messages every year across Instagram, TikTok, WhatsApp, Facebook Messenger, and more.
- We’re serving over a million businesses in 170+ countries (still blows our minds!).
- Our new Manychat AI is already helping tens of thousands of creators and businesses scale their conversations.
As our CEO Mike Yan says, “We take pride in our ability to package and simplify new foundational technologies for the benefit of our customers. The more useful and effective our technology becomes, the more our customers can focus on delivering exceptional value in their space.”
What are we doing with this funding? A LOT:
- Expanding globally (coming soon to a region near you!).
- Doubling down on R&D (our team has some incredible AI stuff in the works).
- Leveling up our marketing and support teams.
- Creating breakthrough AI-Agent features for new and existing channels.
So what’s next? We’re laser-focused on advancing our agentic AI tech and making automation even more intelligent. Because at the end of the day, we want you to spend less time on repetitive tasks and more time doing what you do best — making awesome content and providing incredible value for your followers and customers.
Thanks for being part of this journey with us, and stay tuned — the best is yet to come!
