Cooby Revolutionizes Customer Engagement with Latest Seed Funding

July 4, 2024, 3:34 pm
Cooby
B2CDevelopmentMessangerPlatformProductivitySalesSoftware
Location: United States, California, San Francisco
Employees: 11-50
Total raised: $4.75M
Cooby, a Taiwan-based WhatsApp sales platform, has secured a whopping US$1.75 million in its latest seed funding round, bringing its total investment to a staggering US$4.75 million. This milestone supports Cooby's mission to transform customer engagement for sales teams worldwide. With a sixfold growth in the past 18 months and serving over 600 customers in 15+ countries, including big names like GoStudent and Avendus Capital, Cooby is on a rapid expansion trajectory. The funding round was led by Shilling VC, a prominent European venture capital firm, along with existing investors Peak XV's Surge and Pear VC, showcasing a strong belief in Cooby's vision and growth potential. Cooby's CEO and co-founder, Wen Shaw, expressed excitement about the funding, highlighting the platform's ability to help sales teams nurture close customer relationships. With Europe as the next target for expansion, Cooby aims to empower business sales organizations for better results. In today's digital landscape, WhatsApp reigns as the leading mobile messaging platform, with an expected reach of nearly three billion users by 2025. Cooby's integration of WhatsApp with CRM systems streamlines sales workflows, syncing messages with Salesforce, HubSpot, and more to enhance sales with organized inboxes, broadcast communication, personalized templates, and efficient contact management. The power of WhatsApp for business communication cannot be underestimated, with almost 90% of users opening messages within ten minutes, compared to only 20% for emails. Cooby's tools aim to propel success in Europe and Latin America, boosting sales by a whopping 127% and keeping sales teams ahead of the curve. With Cooby's innovative approach to customer engagement and sales, the future looks bright for this rising star in the SaaS industry.