Rokt Secures $Usd325 Million Series E Funding Round, Led By Tiger Global

Dec 16, 2021•over 3 years ago

Amount Raised

$325 Million

Round Type

series e

Description

Rokt, the leading ecommerce technology using AI and machine learning to make transactions more relevant to each shopper, today announced that it has closed a USD$325 million Series E funding round led by Tiger Global, bringing the company's valuation to USD$1.95 billion. The tech unicorn will use the new funding to invest in R&D, international expansion and strategic acquisitions. Other participants in the round included Wellington Management, Whale Rock Capital Management, Pavilion Capital and existing shareholder Square Peg.

Company Information

Company

Rokt

About

Rokt is the global leader in ecommerce technology, helping companies seize the full potential of every transaction moment to grow revenue and acquire new customers at scale. Live Nation, Groupon, Staples, Lands' End, Fanatics, GoDaddy, Vistaprint and HelloFresh are among the more than 2,500 leading global businesses and advertisers that are using Rokt's solutions to drive more value through every transaction by offering highly relevant messages to their customers at the moment they are most likely to convert. Founded in Australia, the company now operates in 19 countries across North America, Europe and the Asia-Pacific region with the largest office now in New York City. To learn more, visit Rokt.com. SOURCE Rokt

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