Postscript: Raises $35M in Series B Funding

  • Postscript, a Scottsdale, Ariz.-based text message marketing platform for Shopify stores, raised $35m in Series B funding
  • The round was led by Greylock, with participation from YC Continuity Fund, OpenView, and others
  • In conjunction with the funding, Sarah Guo and Mike Duboe, Partners at Greylock, joined Postscript’s Board
  • The company will use this new round of funding to further develop products with immediate investment into new features and improvements that continue maximizing SMS as a customer lifecycle channel
  • Postscript also provides over 3,500 Shopify stores with an ecommerce SMS platform to communicate and engage with customers through text message marketing
  • The company originally backed by Y Combinator and announced a Seed Round in December of 2019
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Former Royal Mint Executives Secure Backing for Precious Metals Trading Platform

New platform aims to modernize precious metals trading for investors.Highlights: Former Royal Mint executives launch a new trading...

Coastal Bank Partners with Tempo to Strengthen Cross-Border Money Transfers

The partnership aims to enhance international money movement solutions.Highlights: Coastal Bank has partnered with Tempo for improved cross-border...

Lloyds Accelerates Homebuying with Fully Digital Service

New platform aims to reduce waiting times for mortgage approvals.Highlights: Lloyds introduces a fully digital homebuying service.Service aims...

AI in Fintech: Revolutionizing the Financial Industry

AI in fintech is changing how financial services operate. It's more than just a buzzword; it's a powerful...