Insider has raised $105 million at a valuation of $2 billion.
Insider offers a suite of AI-driven tools that assist businesses in effectively engaging with their customers. The platform includes various features such as personalized product recommendations, real-time behavioral segmentation, and predictive analytics. In 2022, the company achieved unicorn status, joining the ranks of startups valued at $1 billion or more.
Recently, Insider, the AI marketing platform, secured an additional $105 million in funding from existing investors, Qatar Investment Authority (QIA) and Esas Private Equity. With this latest funding round, the company’s total funds raised reach $274 million.
The newly acquired capital will be utilized to expedite Insider’s mergers and acquisitions strategy, enhancing its existing technology and capabilities.Hande Cilingir, CEO and co-founder of Insider, stated that the company’s valuation has significantly approached $2 billion due to this funding round.