# ManyChat

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/manychat

- Industry: Software
- Headquarters: West Hollywood, US
- Website: www.manychat.com
- Total disclosed funding: $158M
- Latest round: Series B (Apr 22, 2025)
- Investors on record: 3

## About

ManyChat, Inc. is a US-based company specializing in automation solutions for social media and messaging platforms, empowering users to engage customers through automated conversations.Founded in 2016 in West Hollywood, US, ManyChat, Inc. offers automation tools that enhance customer interactions across various messaging platforms. The company is led by CEO Mike Yan, who has a history of entrepreneurial ventures. ManyChat has raised a total of USD 140.00 mn, with the latest funding being a Series B round led by Summit Partners on April 22, 2025, which also included Bessemer Venture Partners. The company has completed a total of 2 deals to date and focuses primarily on the North American, European, and Asian markets.ManyChat specializes in providing automation solutions for social media and messaging platforms including Instagram, WhatsApp, TikTok, and Messenger. Its core product enables users to engage in automated conversations, facilitating responses to direct messages, managing comments, and nurturing leads through personalized interactions. The platform is tailored for creators, small businesses, and eCommerce brands, assisting them in audience growth, email collection, and sales enhancement without requiring coding skills through features like a visual Flow Builder and Quick Automations.ManyChat generates revenue primarily through subscription-based models, where clients subscribe monthly or annually to access various automation tools and features. Subscriptions can include advanced automation capabilities and higher message volumes, which streamline customer engagement for businesses. The company's revenue streams are supported by partnerships with major platforms such as TikTok and Meta, which enhance its market presence and credibility.With the recent Series B funding of USD 140.00 mn, ManyChat, Inc. plans to invest in research and development, and expand its sales, marketing, and support efforts on a global scale. The company is focusing on launching new products and enhancing features to further its reach, particularly in new markets. Specific geographic regions targeted for expansion are not detailed, but the intent is to grow its global footprint effectively.

## Funding rounds

- Series B, Apr 22, 2025, $140M — Summit Partners, Bessemer Venture Partners
- Series A, Apr 29, 2019, $18M — Bessemer Venture Partners, Flint Capital

## Investors

- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series A, Series B
- Flint Capital (https://capitalatlas.ai/funds/flint-capital) — Series A
- Summit Partners (https://capitalatlas.ai/funds/summit-partners) — Series B
