Crescendo raised $50 million in a Series C round led by General Catalyst to disrupt the $741 billion global contact center market.
Oct 03, 2024•10 months ago
Amount Raised
$50 Million
Round Type
series c
Investors
Strategic AngelsAloricaCelesta CapitalGeneral Catalyst
Description
Crescendo, an AI-driven customer experience platform, has secured $50 million in a Series C funding round. The investment, led by General Catalyst, brings the company's post-funding valuation to $550 million and aims to enhance competition in the contact center industry.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech