Vatom, a Venice, CA-based next-generation customer engagement platform, announced that it has completed a $10 million Series B financing round with a valuation of $125 million.
SaaS Investors
The round was led by GSV AirCO, with participation from Heart Media, Galaxy Digital, Raine Group, and Bat VC.
GSV Airco is a global venture capital fund focused on the rapidly growing digital education market.
Michael Moe, founder and CEO of GSV will join Vatom's board of directors.
Vatom Use of Funds
The company will use the funds to expand Customer Success, Marketing, and Product teams supporting its rapidly growing customer base. The Series B will remain open for anticipated additional investors in the coming months.
About Vatom
Vatom is an innovative Web3 SaaS engagement platform, enabling companies to connect better to their customers, employees, and stakeholders while streamlining processes and improving profitability. Its clients include Google, PepsiCo, P&G, Deloitte, Verizon, iHeart Media, State Farm, WPP, and others. At Vatom its mission is to enable both companies and individuals to easily engage directly with the emerging Web3.
Funding Details
Company: Vatom Corporation
Raised: $10M
Round: Series B
Funding Month: February 2024
Lead Investors: GSV AirCO
Additional Investors: Heart Media, Galaxy Digital, Raine Group, and Bat VC
Company Website: https://www.vatom.com/
Software Category: Customer Engagement
Source: https://www.prnewswire.com/news-releases/vatom-inc-announces-10-million-in-series-b-funding-302062587.html