# Community.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/community-com

- Industry: Internet
- Headquarters: Santa Monica, US
- Website: www.community.com
- Total disclosed funding: $65M
- Latest round: Series B (Apr 24, 2023)
- Investors on record: 11

## About

Community.com is a US-based company specializing in SMS marketing solutions that enhance engagement between brands and their audiences through innovative tools and features.Founded in 2015 in Santa Monica, California, Community.com provides SMS marketing services that enable direct communication between brands and consumers. The company has undergone no notable changes in its business strategy since its inception. Co-founded by Josh Rosenheck and Matthew Peltier, the company has completed a total of 8 deals, with the most recent funding round being a Series B that raised USD 25.00 mn on April 24, 2023, with investors including Backstage Capital, GSW Ventures, HubSpot Ventures, and others. The total amount raised by the company stands at USD 25.00 mn, with a current valuation of USD 131.996 mn.Community specializes in SMS marketing solutions designed to foster authentic engagement between brands and their audiences. Its core offerings include tools for audience management that allow brands to organize customer segments for targeted communication and AI-driven engagement features for personalized interactions. The platform is accessible on both desktop and mobile devices, ensuring easy integration into existing workflows for a diverse clientele, from Fortune 500 companies to small businesses across the US, Canada, and select international regions.Community's revenue model focuses on subscription-based services and partnerships with brands utilizing its SMS marketing tools. Clients engage in transactions through tiered pricing plans based on their usage and selected features, accommodating the needs of businesses from small enterprises to larger corporations. The company's flagship products empower brands to enhance customer engagement through text messaging, driving interactions that yield measurable results, thereby facilitating long-term client relationships.With the USD 25.00 mn raised in Series B funding in April 2023, Community.com aims to expand its platform significantly. The company plans to introduce new products designed to enhance its SMS marketing capabilities, although specific launch dates have yet to be disclosed. In addition, Community.com is targeting expansion into new markets and geographic regions, focusing on enhancing its presence in both existing and emerging markets. This funding will support the development of these initiatives, reinforcing the company's strategy for growth.

## Funding rounds

- Series B, Apr 24, 2023, $25M — Verizon Ventures, Salesforce Ventures, Backstage Capital, HubSpot Ventures, Wocstar, Morgan Stanley Next Level Fund, Pier 70 Ventures, GSW Ventures
- Series A, Jun 7, 2021, $40M — Live Nation, Twilio Inc., Salesforce Ventures, Crossover

## Investors

- Live Nation — Series A
- Twilio Inc. — Series A
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series A, Series B
- Crossover (https://capitalatlas.ai/funds/crossover) — Series A
- Verizon Ventures (https://capitalatlas.ai/funds/verizon-ventures) — Series B
- Backstage Capital (https://capitalatlas.ai/funds/backstage-capital) — Series B
- HubSpot Ventures (https://capitalatlas.ai/funds/hubspot-ventures) — Series B
- Wocstar (https://capitalatlas.ai/funds/wocstar) — Series B
- Morgan Stanley Next Level Fund — Series B
- Pier 70 Ventures (https://capitalatlas.ai/funds/pier-70-ventures) — Series B
- GSW Ventures — Series B