ChatID Raises $11.2M in Series B

What does ChatID do?

ChatID, is a platform which enables chat communication between the consumers and brands on the mobile devices and web. It is a universal platform which powers chat communication between the consumer and brands on the web anywhere around the web, and from any mobile device. For partners, this platform which enables communication to any chat system, business, through a single API. This network enables the brands engage shoppers in chat where it matters most, the points where decisions are influenced and made.

How much ChatID was funded?

ChatID raised $11.2M in Series B on August 13, 2015 from Costanoa Venture Capital (Lead)

Previous Funding

$18k in Seed round on July 1, 2011 from Techstars

• $2Min Seed round on January 1, 2012from Akshay Navle, David Cohen, BoxGroup Partners: Adam Rothenberg and David Tisch, David Liu, FirstMark Capital, David Tisch, Joey Levin, Lerer Hippeau Ventures, Kal Vepuri and Michael Lazerow, Patrick Keane, Nat Turner, Ralph Mack, SV Angel, Rob Wiesenthal and Zach Weinberg
• $6Min Series A funding on April 8, 2014 from Commerce Ventures, Mack Capital, FirstMark Capital and Vayner/RSE

What is next for ChatID?

ChatID’s total funding to date amounts to $19.2M after a $6M in series A and $2M in seed round. Since the company has brought the “Chatbar” to market in the middle of 2014 and “Chatbar Mobile” in early 2015, the company has seen a profound acceleration in the adoption of clients, creating an incredible rate of growth over the past 12 months.  After series B, ChatID is to continue its entire focus on research and development, bringing new products for marketing that transform the retail customer experience.

As a part of the funding, Costanoa Venture Capital’s partner Neil Occhiogrosso, is to join the company’s board of directors.

More about ChatID

ChatID was founded on April 1, 2011 by Dan Herman. It has its headquarters in New York, NY.