Textel CX

SoftwareSeries ASt. Louis, UStextel.net

Latest round

Series A

Last raised

Oct 2020

Total raised

$5M

Investors

3

About Textel CX

Textel CX Inc., founded in 2014 in St. Louis, US, provides intelligent SMS communication solutions for businesses.Textel’s flagship offering is its AI SMS Intelligent Virtual Agent (IVA), designed to facilitate personalized SMS communication for businesses. The platform automates customer service interactions, providing real-time messaging capabilities that integrate seamlessly with existing Customer Relationship Management (CRM) systems.Textel generates revenue through a subscription-based model, allowing clients to access the SMS IVA and its features via customizable tiered pricing plans. This model primarily focuses on recurring subscriptions from businesses utilizing intelligent automation for customer support. The company aims to enhance its SMS IVA with additional features tailored for specific industries, targeting a launch in the next fiscal year. Furthermore, Textel seeks to expand its footprint in international markets, particularly in Europe and Asia, by the end of 2024. The acquisition of Textel CX Inc. by Ai Software, LLC in January 2023 is expected to facilitate these growth initiatives, although financial terms of the deal have not been disclosed.

Who invested in Textel CX

3 investors across 2 rounds

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Funding rounds

  1. Series A

    Oct 20, 2020

    Amount

    $4M

    Investors

    Locked

  2. Seed

    Dec 14, 2019

    Amount

    $1M

    Investors

    Locked

Questions about Textel CX

Who invested in Textel CX?

Textel CX has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Textel CX raised?

Textel CX has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Textel CX last raise money?

Textel CX's most recent round on record is a Series A, in Oct 2020.

What does Textel CX do?

Textel CX is a software company.

Where is Textel CX headquartered?

Textel CX is headquartered in St. Louis, US.

Which VCs invest in companies like Textel CX?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Textel CX's stage. Their profiles are linked below.

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