Social Media Marketing Startup Manychat Raises $140 Million

  • Manychat uses AI to help companies connect with customers
  • Startup sends billions of messages on Instagram, Facebook
Lock
This article is for subscribers only.

Manychat, a startup that helps businesses send marketing messages on social media using artificial intelligence, raised $140 million in a funding round led by Summit Partners.

Manychat will use the money to launch additional features and expand globally, according to a statement Tuesday. The company didn’t disclose its valuation after the investment.