Cooby, a Taiwan-based WhatsApp sales platform, has secured US$1.75 million in seed funding, bringing its total funding to US$4.75 million.
Investors
The round was led by Shilling VC, a prominent European venture capital firm, along with existing investors Peak XV's Surge and Pear VC.
Shilling VC, based in Lisbon, Portugal, with €52 million in early-stage VC funding, backs exceptional founders across various verticals, focusing on significant opportunities in both B2B and consumer categories.
Cooby Use of Funds
Cooby plans to use the funding to enhance its platform, enabling sales teams to nurture closer customer relationships and furthering its mission to transform customer engagement globally.
About Cooby
Founded in 2020 by Wen Shaw, Cooby provides a platform for sales teams to utilize WhatsApp for customer engagement and sales outreach. Cooby integrates WhatsApp seamlessly with CRM systems like Salesforce and HubSpot, streamlining sales workflows. It offers organized inboxes, broadcast communication, personalized templates, and efficient contact management tools. Over the past 18 months, Cooby has expanded its services to over 600 customers across more than 15 countries, with notable clients including GoStudent, Avendus Capital, and Mission Mittelstand.
Funding Details
Company: Cooby, Inc.
Raised: $1.75M
Round: Seed Round
Funding Month: June 2024
Lead Investors: Shilling VC
Additional Investors: Peak XV's Surge, Pear VC
Company Website: https://www.cooby.co/
Software Category: WhatsApp Sales Solution
Source: https://www.globenewswire.com/news-release/2024/06/27/2904955/0/en/Leading-SaaS-WhatsApp-Integrator-Cooby-Secures-US-1-75-Million-in-Latest-Seed-Funding-Round-to-Supercharge-Product-Development-and-European-Expansion.html