Profound raised $180 million in a Series D round at a $1.8 billion valuation. The company sells marketing software that helps brands appear in AI search answers. Sequoia and Kleiner Perkins led the round. Existing backers Lightspeed Venture Partners, Khosla Ventures and South Park Commons also took part. Profound launched two years ago as an analytics tool. It has since added research and marketing strategy features. Profound says revenue tripled in the past six months. It reports more than 1,000 enterprise customers, including Comcast, Estee Lauder and Walmart. The round comes less than seven months after a $96 million Series C.
What changed
Profound's last round was a $96 million Series C about seven months earlier.
- $180M Series D
- $1.8B valuation
- $96M Series C seven months earlier
- 1,000+ enterprise customers
Sources