Manychat Raises $140M to Scale Conversational AI Across Social and Messaging Platforms

Manychat is a leader in conversational AI, helping businesses and creators automate and scale customer conversations across major social and messaging platforms.

Manychat Raises $140M to Scale Conversational AI Across Social and Messaging Platforms
Source: Manychat

Company Name: Manychat
Location: Palo Alto, CA
Industry: Conversational AI / Automation

Funding Details:

  • Amount: $140M
  • Investors:
    • Lead: Summit Partners
  • Total Funding: $163.3M since 2015 (including $18M from Bessemer Venture Partners in 2019)

Purpose of Investment:

  • Accelerate global expansion
  • Invest further in R&D
  • Enhance marketing and customer support capabilities
  • Expand AI-agent features across new and existing channels

Leadership:

  • Co-Founders: Mike Yan (CEO), Antony Gorin

Product:
Manychat provides a conversational AI and automation platform for businesses and creators, enabling intelligent, automated conversations across social and messaging channels such as:

  • Instagram
  • TikTok
  • WhatsApp
  • Messenger

With over a million users in 170 countries, Manychat empowers brands to drive engagement, nurture relationships, and boost monetization potential. In 2024, the company introduced Manychat AI, further scaling customer interactions through advanced AI-powered conversations.

About Company:
Manychat is a leader in conversational AI, helping businesses and creators automate and scale customer conversations across major social and messaging platforms. By integrating with key channels and introducing AI-driven features, the platform delivers seamless, engaging interactions that foster stronger customer relationships and drive growth globally.

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