CleverTap IPO
CleverTap is a customer engagement and retention platform that helps mobile apps and websites personalize user experiences through AI-powered analytics and marketing automation. The company serves over 1,200 brands globally and has raised significant venture funding, making it a potential IPO candidate in the marketing technology sector.
Key Facts
| Industry | Customer Engagement & Marketing Technology |
| Founded | 2013 |
| Headquarters | Mountain View, CA |
| Employees | ~800 |
| Website | clevertap.com |
| Funding | Currently in talks for $75M funding round (March 2026) that would double valuation. Previously raised Series C led by CDPQ. Total raised: ~$136M+ (pending completion of current round) |
About CleverTap
CleverTap operates a customer engagement and retention platform that combines analytics, segmentation, and multi-channel messaging to help mobile and web applications increase user engagement and lifetime value. The platform processes over 100 billion events monthly, providing real-time insights into user behavior and enabling personalized messaging across push notifications, email, SMS, and in-app communications. CleverTap's machine learning algorithms automatically optimize send times, content, and channel selection to maximize engagement rates.
The company serves over 1,200 brands globally, with particularly strong presence in emerging markets including India, Southeast Asia, and the Middle East. CleverTap's platform is designed for high-scale consumer applications, offering features like journey orchestration, A/B testing, and predictive analytics that help companies reduce churn and increase revenue per user through data-driven engagement strategies.
IPO Status
CleverTap has not announced any plans for an initial public offering as of 2026. The customer engagement platform, founded in 2013, continues to raise venture funding with reports in March 2026 indicating the company is in talks to close a $75 million funding round that would double its valuation from previous rounds. While the company has shown strong growth in the competitive martech space, serving major brands across industries, there have been no confirmed reports or official statements regarding IPO timing. The company continues to focus on product development and market expansion, particularly in international markets, while pursuing additional private funding to fuel growth.
Competitors
Frequently Asked Questions
Does CleverTap have a stock?
No, CleverTap has not had an IPO. The company remains privately held and has not announced any plans to go public.
When is the CleverTap IPO date?
CleverTap has not announced an IPO date or timeline. There are no confirmed details about when the company might pursue a public offering.
How can I buy CleverTap stock?
CleverTap stock is not currently available for purchase as the company is privately held. Once they go public, shares would be available through standard brokers.
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