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Onesignal Secures Strategic Investment From Servicenow Ventures To Build On $50M+ Series C

Jan 31, 2023over 2 years ago

Amount Raised

$50 Million

Round Type

series c

San MateoMessagingSoftware

Investors

One SignalService Now Ventures

Description

OneSignal, the world's leading customer engagement platform, today announced a new strategic investment from ServiceNow Ventures, extending the company's recent $50M Series C investment announced in September 2022. The additional funds will be used to accelerate OneSignal's go-to-market initiatives with a focus on omnichannel messaging and orchestration capabilities. The investment highlights ServiceNow Ventures' commitment to nurturing companies creating next-generation software solutions that address key enterprise challenges.

Company Information

Company

OneSignal

Location

San Mateo, California, United States

About

OneSignal is the market-leading customer engagement solution, powering omnichannel customer journeys across mobile and web push notifications, in-app messaging, SMS, and email. The powerful and easy-to-use platform enables over a million businesses to deliver 11 billion messages daily. OneSignal supports 500,000 mobile applications - nearly 15% of all apps - enabling companies in 140 countries, including Zynga, USA Today, Bitcoin.com, Upwork, Tribune, and more. OneSignal was founded in 2014 as a mobile app development company by Y Combinator alums George Deglin and Long Vo, and is venture-backed by SignalFire, Rakuten Ventures, Y Combinator, HubSpot, and BAM Elevate. The company is based in San Mateo, California, with offices in London and Singapore.

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Funding Insights

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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