DXP Platform, ContentSquare, Raises $60 Million in Series C Funding

By Megha Shah - Last Updated on September 28, 2020
DXP Platform, ContentSquare, Raises $60 Million in Series C Funding

The fully automated SaaS digital experience insights platform, ContentSquare, announced that it has completed its Series C fundraising round. Through this round, it raised $60 million. The round was led by Eurazeo, a leading global investment company. The previous investors in the company also participated in the round.

ContentSquare helps leading global enterprises businesses understand how and why users are interacting with their app, mobile, and websites. The company aims to use the new capital to increase its research and development, focus on AI and predictive analytics and continue to expand its business across the Americas, Europe, Asia, and Middle-East. Its customers include Walmart, Samsung, Sephora, Tiffany, LVMH, AccorHotels, Goldman Sachs, Avis, GoPro, Ikea, Nissan, and others. In 2018, it was recognized as one of Europe’s Hottest Startups by WIRED Magazine.

“Now more than ever, enterprises understand that improving the digital customer experience is a matter of great importance. With this new funding, we are accelerating the development of our solution, leveraging deeper analytics to expand our insights and make them smarter. Online and offline, this will provide retailers and brands with a larger return on investment and help them to identify business opportunities, in addition to driving the new, decision-based era of digital experiences to our customers – a critical factor in today’s ultra-competitive digital landscape,” said Jonathan Cherki, Founder and CEO of Contentsquare.

“We are very excited to participate in another round of funding for Contentsquare and are huge believers in the rapid growth of the product, collaboration throughout the management team, and their dedicated focus to their customers,” said Yann du Rusquec Managing Director of Eurazeo Growth. “With a unique role in helping enterprises truly understand their users and create the very best digital experiences, we are confident that Cherki’s transformative vision for predictive experience will bring significant growth to this large market.”

“We are delighted to reiterate our support to Contentsquare whose tremendous ambition and potential perfectly fit our growth equity strategy,” said Virginie Morgon CEO of Eurazeo.

Megha Shah | A dreamer, traveler, aspiring entrepreneur and a bookworm beyond repair, Megha Shah is extremely fond of writing and has been doing so since she was a child. Apart from being a part-time writer, Megha is currently in college, pursuing B. Com. (Hons). Megha is an ardent follower of ‘Hardship, Hustle and Heart’ and firmly believes in the power of hard work and destiny!

Megha Shah | A dreamer, traveler, aspiring entrepreneur and a bookworm beyond repair, Megha Shah is extremely fond of writing and has been doing so since she wa...

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