Overview
Profound has raised $96 million in a Series C funding round, achieving a valuation of $1 billion. The round was led by Lightspeed Venture Partners, with participation from existing investors including Sequoia Capital, Kleiner Perkins, Saga VC, South Park Commons, and Evantic. This funding will support its AI-native marketing platform.
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Investors: Lightspeed Venture Partners, Sequoia Capital, Kleiner Perkins, Saga VC, South Park Commons, Evantic
Profound has raised $96 million in a Series C funding round, achieving a valuation of $1 billion. The round was led by Lightspeed Venture Partners, with participation from existing investors including Sequoia Capital, Kleiner Perkins, Saga VC, South Park Commons, and Evantic. This funding will support its AI-native marketing platform.
Investors: Lightspeed Venture Partners, Sequoia Capital
San Francisco-based Profound has raised $96 million in a Series C funding round, achieving a valuation of $1 billion. Led by Lightspeed Venture Partners, with participation from Sequoia Capital and others, the funding aims to enhance product development and integrations. Profound addresses the complexity of AI-driven marketing by launching 'Profound Agents,' which streamline insights and execution in one platform, allowing marketing teams to manage operations more efficiently.