CleverTap

CleverTap

Customer engagement and data analytics platform

About CleverTap

Simplify's Rating
Why CleverTap is rated
B
Rated D+ on Competitive Edge
Rated A on Growth Potential
Rated A on Differentiation

Industries

Data & Analytics

Consumer Software

Fintech

Gaming

Company Size

501-1,000

Company Stage

Series D

Total Funding

$175.6M

Headquarters

Mountain View, California

Founded

2013

Overview

CleverTap is a customer engagement platform that helps businesses analyze customer data and personalize experiences. It allows companies to segment their customers and experiment with marketing strategies in real-time. The platform also offers tools for creating consistent customer journeys across various channels, supported by AI-driven insights. CleverTap's goal is to help businesses build customer loyalty and maximize the lifetime value of their customers.

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Simplify's Take

What believers are saying

  • CleverTap's acquisition of rehook.ai enhances its AI-driven promotions and customer retention capabilities.
  • The partnership with Deloitte integrates MarTech solutions with digital strategy expertise for better personalization.
  • CleverTap's collaboration with upGrad offers deep learning programs, enhancing AI and analytics skills.

What critics are saying

  • Emerging platforms offering similar features at lower costs could impact CleverTap's market share.
  • Integration challenges from the rehook.ai acquisition may temporarily disrupt service quality.
  • Economic downturns could risk CleverTap's subscription-based revenue if marketing budgets are cut.

What makes CleverTap unique

  • CleverTap offers a unique all-in-one engagement platform for personalized customer experiences.
  • The platform's AI capabilities provide insightful, empathetic, and prescriptive intelligence for businesses.
  • CleverTap's TesseractDB™ is the world's first purpose-built database for customer engagement.

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Funding

Total Funding

$175.6M

Meets

Industry Average

Funded Over

5 Rounds

Notable Investors:
Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Above Average

Industry standards

$77M
$70M
Twilio
$80M
Handshake
$100M
Affirm
$105M
CleverTap

Benefits

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-2%

2 year growth

1%
Libero Quotidiano
Apr 19th, 2025
Qwikcilver drives 80% repeat transactions on Woohoo with CleverTap

" CleverTap's recently launched measurement dashboard - Real Impact, helps brands measure the long term consolidated impact of their marketing campaigns.

Express Computer
Apr 15th, 2025
CleverTap Acquires Rehook.ai for Promotions

CleverTap has acquired rehook.ai, a Y Combinator-backed startup specializing in promotions automation. This acquisition enhances CleverTap's customer retention suite by integrating analytics, engagement, and promotions. With rehook.ai, brands can better manage and optimize promotional campaigns, improving conversions and user retention. The addition of real-time promotional data allows for timely, context-based offers, strengthening customer relationships.

Procurement Magazine
Apr 15th, 2025
CleverTap Acquires rehook.ai to Strengthen AI-Driven Promotions and Customer Retention Capabilities

CleverTap acquires rehook.ai to strengthen ai-driven promotions and customer retention capabilities.

MarTech 360
Apr 2nd, 2025
CleverTap Expands Omnichannel Capabilities with Infobip Partnership to Introduce RCS Messaging

CleverTap, the all-in-one customer engagement platform, has partnered with Infobip, a global leader in cloud communications, to introduce Rich Communication Services (RCS) messaging.

CRN India
Mar 18th, 2025
Deloitte announces strategic alliance to redefine customer engagement and retention with CleverTap

CleverTap's MarTech solutions, product experience platform and VoIP-based engagement capabilities will be integrated with Deloitte's digital strategy expertise, allowing businesses to enhance personalisation, automate marketing workflows and optimise engagement touchpoints.

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