PE Fund Investments
Customer loyalty platform Capillary raises $45-M from Avataar Ventures, others
Bengaluru- and Singapore-based Capillary Technologies, a Software-as-a-Service (SaaS) company, has raised USD 45 million in a Series-D funding round from a consortium of investors including Avataar Ventures, Pantheon, 57 Stars, Unigestion, Filter Capital, and Innoven Capital. The funds raised will be used for the company's global expansion efforts and to support its mergers and acquisitions strategy. Founded in 2012, Capillary has a presence across the US, India, West Asia, and South-East Asia. It claims to be an end-to-end customer loyalty platform offering unified, cross-channel strategies that deliver a real-time omnichannel, personalised, and consistent experience to customers. It claims to work with 250+ enterprise brands, touching more than 1 billion customers.
From the Venture Intelligence PE-VC Deal Database: Between Jan-10 and Sep-19, Capillary had attracted over USD 156 M from Avataar Venture Partners, Amex Ventures, Warburg Pincus Sequoia Capital India, Norwest (Exited), InnoVen Capital (venture debt), Qualcomm Ventures, Others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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