Attentive

Attentive — Funding & Company Data

Financial overview and investor data for Attentive.

High confidence data Last verified 4 months ago

Founded

2016

Stage

Late stage

Total Raised

$863M

HQ

Hoboken, New Jersey

Team

1000+

Model

sales-led SaaS

Analyst Take

Attentive's funding history showcases a remarkable and rapid ascent. The company progressed from a $13M Series A in 2018 to a massive $470M Series E by 2021, achieving a multi-billion dollar valuation in under five years. This trajectory, particularly the aggressive funding pace throughout 2020, highlights immense investor confidence and the company's ability to capitalize on the pandemic-driven e-commerce boom.

The quality of its investors is exceptional, featuring a who's who of top-tier venture capital, including Sequoia Capital, Coatue, IVP, and Tiger Global. This backing not only provides significant capital but also validates Attentive's market leadership in conversational commerce. The company's ability to attract follow-on investments from these firms in multiple rounds signals strong ongoing performance and satisfaction with its growth.

With over $863 million raised, Attentive has a formidable war chest. At the time of its Series E, the company noted it had spent less than $100M of previously raised funds, indicating a very long runway and the financial flexibility to out-innovate and out-market competitors. This financial strength allows it to invest heavily in R&D, expand internationally, and potentially acquire smaller companies to consolidate its market position. From a financial perspective, Attentive is positioned as a dominant, well-capitalized leader in the marketing automation space, rivaling public companies like Klaviyo.

Stability

Attentive is a highly stable company. Its significant funding, large cash reserves reported in 2021, and established position with over 8,000 customers suggest it will almost certainly be a market leader for the foreseeable future.

Growth

The company experienced hypergrowth between 2019 and 2021, rapidly scaling its team, customer base, and funding. While the venture funding market has since cooled, Attentive's established market leadership and large capital base position it for continued, albeit likely more measured, growth and market expansion.

For Buyers

For a potential buyer, Attentive represents a low-risk choice in terms of vendor longevity and stability. The platform is well-resourced for future development, ensuring it will likely remain a competitive and supported solution for years to come.

Funding Timeline

Series E $470M March 2021

Investors: Coatue, D1 Capital Partners, Tiger Global Management, IVP, Base10 Partners

Valuation: $6.9B

Series D $230M September 2020

Investors: Coatue, Tiger Global Management, Wellington Management, D1 Capital Partners, Atomico, Sozo Ventures, Bain Capital Ventures, Sequoia Capital

Valuation: $2.2B

Series C $40M April 2020

Investors: Sequoia Capital Global Equities, Coatue

Series C $70M January 2020

Investors: Sequoia Capital, IVP, Eniac Ventures, NextView Ventures

Series B $40M August 2019

Investors: Sequoia Capital, Bain Capital Ventures, IVP, Eniac Ventures

Valuation: $260M

Series A $13M February 2018

Investors: Bain Capital Ventures, Eniac Ventures, NextView Ventures

Notable Investors

Sequoia Capital Coatue IVP Tiger Global Management Bain Capital Ventures D1 Capital Partners

Sources

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