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Home Investments Contentsquare Closes $600M Development Funding Spherical Led by Sixth Avenue; Doubles Valuation to $5.6B and Brings Complete Funding to $1.four Billion

Contentsquare Closes $600M Development Funding Spherical Led by Sixth Avenue; Doubles Valuation to $5.6B and Brings Complete Funding to $1.four Billion

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Contentsquare Closes $600M Development Funding Spherical Led by Sixth Avenue; Doubles Valuation to $5.6B and Brings Complete Funding to $1.four Billion

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NEW YORK–()–Contentsquare, the worldwide chief in digital expertise analytics, introduced at this time that it has closed a $600 million progress funding spherical, together with $400 million in Collection F fairness and $200 million in debt financing, bringing whole funding to $1.four billion. The Collection F funding is led by Sixth Avenue Development, which joins new and present buyers Bpifrance, Canaan, Eurazeo, Highland Europe, KKR, LionTree, SoftBank Imaginative and prescient Fund 2, and funds and accounts managed by BlackRock. A lot of Contentsquare’s different buyers additionally participated within the spherical. The debt facility consists of contributions from BNP Paribas, Crédit Agricole Company & Funding Financial institution, Goldman Sachs, JP Morgan, and Société Générale. Since elevating its Collection E of $500 million in Might 2021, the corporate’s valuation has doubled to $5.6 billion.

Contentsquare will use the capital to scale investments in innovation, each organically and thru M&A, assist long-term progress in key markets, broaden to new territories and ship better influence in areas the place it may actually make a distinction, together with digital accessibility, privateness & sustainability.

With a Complete Addressable Market (TAM) of $34 billion, Contentsquare strikes past conventional analytics to empower manufacturers with an unprecedented understanding of the client expertise on their web sites and apps. Its AI-powered engine analyzes trillions of digital buyer interactions to floor important insights that present companies of all sizes and throughout all industries the facility to create extra human digital experiences, and drive better enterprise progress.

Right now’s funding validates the transformative energy of the Contentsquare answer, and the momentum generated by the corporate, together with:

  • Exponential progress: with a number of lots of of million {dollars} in annual recurring income (ARR) and a year-on-year income progress fee over 100%
  • Huge staff growth: with a staff of 1,500 — together with 430 in R&D — and 17 places of work world wide
  • Giant buyer base: with over a million clients worldwide throughout all verticals: retail, luxurious, leisure, telco, journey, automotive, B2B and finance. Contentsquare now serves 1,000 enterprise clients, together with 30% of the International Fortune 100. Contentsquare clients embrace BMW, Breitling, Clarins, Decathlon, Giorgio Armani, Samsung, Sephora and Virgin Atlantic
  • M&A improvement: with a complete of six acquisitions previously three years to speed up geographic, phase and product growth
  • Market growth: with the acquisition in 2021 of main SMB product expertise insights platform Hotjar, to serve the market end-to-end (SMB/Mid-Market/Enterprise)
  • Acceleration of multi-product technique: one platform with 5 merchandise — CS Digital to research Internet buyer journey and content material, CS for Apps to optimize Cell Apps Expertise, CS Discover and Repair to floor errors and enhance loading time, CS Merchandising for product and pricing analytics, and CS Insights that gives suggestions, benchmarking and scoring
  • Concentrate on operational excellence: with the implementation of sturdy processes to make information pushed strategic selections quicker and drive effectivity throughout the board
  • Accelerated buyer insights: by analyzing 3,200 billion buyer interactions month-to-month and $2.5 billion in transactions each day
  • Funding in privateness: with the launch of the trade’s first Cookieless Analytics answer to develop digital belief
  • Dedication to influence and digital accessibility: by the Contentsquare Basis, with the event of free assistive expertise Readapt and the funding of a number of initiatives to make the Internet accessible to everybody

“This new spherical of funding is a testomony to the boundless ambition of our staff, who’s laser centered on serving to companies of all sizes ship extra human digital experiences — experiences which are seamless, frictionless, rewarding and provoking,” stated Jonathan Cherki, CEO and Founding father of Contentsquare. “We’re excited to maintain on dedicating ourselves to elevating the requirements of digital buyer expertise all over the place, and we really feel that is only the start.”

“Contentsquare is uniquely positioned inside the rising buyer expertise sector because it continues to offer clients with extra superior instruments to scale their companies and create deeper model connections,” stated Bo Stanley, Companion and Co-Head of Sixth Avenue Development. “We’ve great confidence in Jonathan and his staff, and are thrilled to be becoming a member of an unbelievable cohort of present and new co-investors in assist of a enterprise poised for its subsequent section of progress.”

Sixth Avenue Managing Director Benjamin Johnston might be becoming a member of Contentsquare’s board of administrators.

LionTree Advisors served as a monetary advisor to Sixth Avenue.

About Contentsquare

Contentsquare delivers the facility to make the digital world extra human. Its AI-powered platform offers wealthy and contextual perception into buyer behaviors, emotions and intent — at each touchpoint of their journey — enabling companies to construct empathy and create lasting influence. The worldwide chief in digital expertise analytics, Contentsquare helps manufacturers all over the place rework the best way they do enterprise, permitting them to take motion at enterprise scale and construct buyer belief with safety, privateness and accessibility. Greater than 1000 main manufacturers use Contentsquare to develop their enterprise, ship extra buyer happiness and transfer with better agility in a continuously altering world. Its insights energy the client expertise on over 1 million web sites worldwide. Based in Paris and with places of work world wide, Contentsquare has raised $1.4B in funding funding from main buyers, together with funds and accounts managed by BlackRock, Bpifrance, Canaan, Eurazeo, Highland Europe, KKR, LionTree, Sixth Avenue and SoftBank Imaginative and prescient Fund 2. For extra info, go to www.contentsquare.com

About Sixth Avenue

Sixth Avenue is a worldwide funding agency with over $60 billion in property underneath administration and dedicated capital. Sixth Avenue Development is the agency’s devoted platform for making non-public investments in progress corporations. The Sixth Avenue Development staff companions with corporations and administration groups to offer bespoke, accretive financing options to speed up natural and inorganic progress. Sixth Avenue has invested over $5 billion in additional than 40 corporations in its progress investing technique since inception. Choose present and previous consultant Sixth Avenue Development investments embrace Airbnb, AvidXchange, Datavant, Gainsight, Heap, MDLIVE, Spotify, and Sprinklr. For extra info, go to www.sixthstreetgrowth.com, and comply with us on LinkedIn, Twitter (@sixthstreetnews), and Instagram (@sixthstreetpartners).

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