Contentsquare secures a $600 million fundraise to continue its expansion.
We’re proud to announce that our portfolio company Contentsquare has secured a $600m round led by Sixth Street, which joins new and existing investors Bpifrance, Canaan, Eurazeo, Highland Europe, KKR, LionTree, SoftBank Vision Fund 2, and funds and accounts managed by BlackRock.
Contentsquare has been thriving for years. This latest round comes one year after completing a $500M Series E raise which allowed the company to support its rapid growth and geographic expansion, M&A activities, and go-to-market strategy, despite a feverish global economy. Most notably, the company recently acquired Hotjar, the leader in website analytics for SMBs, in a move to consolidate its market leadership.
Contentsquare valuation now amounts to $5.6B - but the company does not intend to slow down. As Jonathan Cherki, CEO and Founder of Contentsquare explained, “This new round of investment is a testament to the boundless ambition of our team, who is laser focused on helping businesses of all sizes deliver more human digital experiences — experiences that are seamless, frictionless, rewarding and inspiring”. As such, this historic funding will be used by the company to scale investment in product innovation, support long-term growth in key markets and expand into new territories, while focusing on performance and efficiency. Contentsquare aims at making a greater impact in areas where it can make a real difference, including digital accessibility, privacy and sustainability.
We now trust Contentsquare to build on its remarkable momentum to seize the tremendous opportunities of a market predicted to be worth $21.5B by 2025.
The company’s mission is to empower brands to build better digital experiences. Contentsquare’s platform analyzes customer behaviors and transforms this knowledge into intelligent recommendations for brands to build upon this critical data and increase their revenue, conversion, engagement, and growth.