Customer engagement software developer Freshworks has pushed its valuation to $3.5bn following a $150m series H round co-led by long-time investor CapitalG.
US-based customer relationship management (CRM) software provider Freshworks secured $150m in a series H round yesterday co-led by CapitalG, the growth equity arm of technology conglomerate Alphabet.
Sequoia Capital and Accel co-led the series H round, which valued Freshworks at $3.5bn post-money. The round remains subject to customary closing conditions, including US antitrust regulatory clearance, and is expected to close by the end of the year.
Founded in 2010 as Freshdesk, Freshworks has created CRM software for sales, marketing and…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
