Stensul, a New York-based company offering a Marketing Creation Platform, has raised $34.5 million in Series C funding.
SaaS Investors
The round was led by Sageview Capital, with participation from existing investors U.S. Venture Partners (USVP), Javelin Venture Partners, Uncork Capital, and Lowercase Capital, along with new investor Edith Harbaugh, LaunchDarkly's Executive Chair and Co-founder.
Sageview Capital is a private investment firm focused on partnering with industry-defining innovators to build enduring software and tech-enabled businesses. With over $1.5 billion in assets under management, the firm invests for the long term and has guided many of its portfolio companies to IPO or acquisition—and beyond.
Stensul Use of Funds
The company plans to use the new funding to invest in product development, including enhancing AI capabilities and accelerating adoption within enterprise organizations.
About Stensul
Founded in 2014 by Noah Dinkin, Stensul is an email creation platform intended to simplify communication while ensuring brand governance. Stensul’s no-code/low-code solution is designed to help non-technical people quickly create high-quality emails and landing pages. The platform reduces the time it takes to produce marketing assets, allowing marketers to focus more on optimizing campaign performance. Stensul integrates with all leading ESPs/MAPs, workflow platforms, image digital asset management platforms, live content, link tracking, and messaging platforms. Top brands that trust Stensul include BlackRock, BMW, Cisco, Demandbase, Equifax, Greenhouse, Siemens, Thomson Reuters, and Yahoo.
Funding Details
Company: Stensul, Inc.
Raised: $34.5M
Round: Series C
Funding Month: November 2023
Lead Investors: Sageview Capital
Additional Investors: U.S Venture Partners, Javelin Venture Partners, Uncork Capital, and Lowercase Capital, Edith Harbaugh, and LaunchDarkly's Executive Chair and Co-founder
Company Website: https://stensul.com/
Software Category: Email Marketing Software
Source: https://www.prnewswire.com/news-releases/stensul-raises-34-5-million-in-series-c-funding-to-accelerate-growth-of-its-marketing-creation-platform-302002461.html