# MessengerPeople

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

- Industry: Internet
- Headquarters: Munich, Germany
- Website: www.messengerpeople.com
- Total disclosed funding: $5.9M
- Latest round: Series A (Aug 25, 2017)
- Investors on record: 4

## About

MessengerPeople GmbH is a technology firm that specializes in enhancing business communication through a comprehensive Messenger Communication Platform, enabling effective customer interactions across popular messaging apps.MessengerPeople GmbH, founded in 2015 and headquartered in Munich, Germany, offers a unique platform for professional communication via messaging applications. In September 2021, the company was acquired by Sinch AB for EUR 48 million, which included EUR 33.6 million in cash and EUR 14.4 million in equity from various investors. MessengerPeople has engaged in two deals to date, enhancing its strategic position in the messaging solutions market.MessengerPeople specializes in providing a comprehensive Messenger Communication Platform (MCP) that facilitates professional communication between businesses and their customers through various messaging applications such as WhatsApp, Facebook Messenger, and Apple Business Chat. The core offerings include an advanced ticketing system for customer support, a chatbot builder that enables automated conversations, and a notification system that allows businesses to send crucial updates to users. These solutions cater to a wide array of industries, targeting enterprises seeking to enhance their customer engagement and service efficiency. Their platform supports clients across multiple geographical markets, including Europe, North America, and parts of Asia, positioning them strategically to address the growing demand for instant messaging solutions in customer communication.The revenue model of MessengerPeople is anchored in a subscription-based structure that allows clients to access their suite of products and services. Businesses typically engage with MessengerPeople through various pricing tiers, each designed to accommodate different levels of service and volume of usage. Clients may subscribe to packages that include access to the ticketing system, chatbot functionalities, and notification services, thus enabling them to optimize their customer support operations. The transactional dynamics encompass direct-to-consumer approaches, where companies can leverage MessengerPeople’s tools to enhance their customer interactions while ensuring a seamless flow of communication.Following the acquisition by Sinch AB in November 2021, MessengerPeople plans to leverage this investment to expand its product offerings and geographic reach. The rationale behind the acquisition focuses on further investment and acquisition projects to increase sales and broaden its business solutions in the telecommunication sector. The company aims to introduce new functionalities in its platform and is actively exploring new markets, specifically targeting North America and Asia by 2023.

## Funding rounds

- Series A, Aug 25, 2017, $5.9M — High-Tech Gruenderfonds, media + more venture, Wessel Management, Müller Media GmbH and Co. KG

## Investors

- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Series A
- media + more venture — Series A
- Wessel Management (https://capitalatlas.ai/funds/wessel-management) — Series A
- Müller Media GmbH and Co. KG — Series A