# Sendbird

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

- Industry: Software
- Headquarters: San Mateo, US
- Website: http://www.sendbird.com
- Total disclosed funding: $221M
- Latest round: Series C (Mar 19, 2021)
- Investors on record: 12

## About

Based in California, US, and founded in 2013 by its CEO John S. Kim, and co-founders Forest Lee, Brandon Y Jeon, and Harry Kim, Sendbird, Inc. operates as a developer of an API for messaging, chat, voice, and video for mobile applications and websites. In March 2021, Sendbird, Inc. raised USD 100 million in series C funding led by Steadfast Venture Capital, with participation from Emergence Capital Partners, Meritech Capital Partners, SB Investment Advisers, and World Innovation Lab (WiL). As of November 2022, the company powers chat for over 6,500 applications in 153 countries globally including New York, London, Seoul, Singapore, and Bangalore.

Sendbird, Inc.'s product allows businesses to integrate messaging, voice, and video chat features into their application for real-time communication with their users. The company offers Sendbird Calls, an API and SDK to create voice and video interactions; Sendbird UIKit, a configurable user interface that allows customers to embed messaging features into their apps; SendBird's Desk API is a customer support API, offering users a chance to customize the user experience with many of the other APIs. The company client base includes Yahoo!, Paytm, DHL, Krafton, iFood, LG, QuintoAndar, Brella, Astra International, Teladoc, Reddit, Virgin Mobile, Careem, Practo, Chegg, Just Eat, and Hinge.

The company generates revenue by selling its product on a starter, pro, and enterprise subscription basis.

Sendbird, Inc. intends to use the series C funding to accelerate its research and development and scale its workforce in its Silicon Valley headquarters, as well as in its other locations.

## Funding rounds

- Series C, Mar 19, 2021, $100M — Meritech Capital Partners, Emergence Capital, Tiger Global Management, Steadfast Capital Management, ICONIQ Capital, World Innovation Lab, SB Investment Advisers
- Series B, Apr 22, 2019, $50M — Tiger Global Management, ICONIQ Capital
- Series B, Feb 6, 2019, $49M — Shasta Ventures, August Capital, Y Combinator, ICONIQ Capital, FundersClub
- Series A, Dec 7, 2017, $19M — Shasta Ventures, August Capital, Y Combinator, FundersClub
- Seed, Feb 13, 2016, $2.6M — Y Combinator, FundersClub, Zillionize Angel

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A, Series B
- FundersClub (https://capitalatlas.ai/funds/fundersclub) — Seed, Series A, Series B
- Zillionize Angel (https://capitalatlas.ai/funds/zillionize-angel) — Seed
- Shasta Ventures (https://capitalatlas.ai/funds/shasta-ventures) — Series A, Series B
- August Capital (https://capitalatlas.ai/funds/august-capital) — Series A, Series B
- ICONIQ Capital (https://capitalatlas.ai/funds/iconiq-capital) — Series B, Series C
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B, Series C
- Meritech Capital Partners (https://capitalatlas.ai/funds/meritech-capital-partners) — Series C
- Emergence Capital (https://capitalatlas.ai/funds/emergence-capital) — Series C
- Steadfast Capital Management — Series C
- World Innovation Lab — Series C
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series C