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CleverTap

Updated Mar 24, 2026

A deep look at CleverTap's finances, team, and market position in the Enterprise AI space.

🇮🇳IndiaSeries DEnterprise AI

Out of 100

🇮🇳

HQ

India

🗓

Founded

2013

💰

Raised

$303M

🏷️

Stage

Series D

👥

Team

450

CleverTap is an Indian enterprise AI platform founded in 2013 that specializes in customer engagement and retention automation. The company provides a cloud-based platform enabling businesses to deliver personalized customer experiences across multiple channels including mobile, web, email, and push notifications. CleverTap's core technology uses machine learning and behavioral analytics to

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Key Facts

  • CleverTap is valued at $775M as of March 2026.
  • CleverTap has raised a total of $303M in disclosed funding across 4 funding rounds.
  • CleverTap was founded in 2013 by Sunil Thomas and is headquartered in India.
  • CleverTap employs approximately 450 people.
  • CleverTap operates in the Enterprise AI category and is currently at the Series D stage.
  • CleverTap has an Awaira Score of 65/100, ranking it among the tracked AI companies on Awaira.
  • CleverTap's most recent funding round was a Series D of $105M closed in August 2022, led by Tiger Global.

Source: Awaira · Updated Mar 24, 2026

$775M

Post-money

$303M

All rounds

65/100

2013

450 employees

Strengths

Strong Awaira Score of 65/100

Growing team of 450 employees

Established market presence (founded 2013)

Analysis based on publicly available data. Not investment advice.

4

Total Rounds

$42.5M

Avg Round Size

8.8yr

Funding Span

CleverTap raised 4 rounds over 8.8 years, averaging $42.5M per round — a pace of roughly one round every 26 months.

⚠️ ESTIMATE
💵Est. Annual Revenue
$20M–$100M estimated ARR

Awaira estimate based on public data. Not financial advice.

How does CleverTap stack up against competitors?

MetricCleverTapCanvaNotionDelhivery AI
Awaira Score65/10095/10091/10090/100
Total Raised$303M$589M$418M$1.25B
Valuation$775M$42B$11B$3.45B
StageSeries DPrivatePrivatePublic
Founded2013201320132011
Employees450750025005000+
Country🇮🇳🇦🇺🇺🇸🇮🇳
S

Sunil Thomas

Founder & CEO

View founder profile →
StageSeries D
Employees450
Country🇮🇳 India
Connect
Inactive
4 rounds
Series DLatest

Led by Tiger Global

$105M

Aug 2022

Series C

Sequoia Capital India, Accel

$35M

Jan 2017

Series B

Led by Sequoia Capital India

$20M

Jan 2015

Series A

Led by Accel

$10M

Jan 2014

Frequently Asked Questions

What is CleverTap's valuation?
As of its latest round, CleverTap carries a valuation of $775M.
Who invested in CleverTap?
The investor list includes Tiger Global, Sequoia Capital India, Accel — a mix that reflects confidence in the Enterprise AI business.
When did CleverTap last raise funding?
Last raise: a Series D of $105M in August 2022. The round was led by Tiger Global.
How many employees does CleverTap have?
Around 450 people work there, with headquarters in India.
What does CleverTap do?
CleverTap is an Indian enterprise AI platform founded in 2013 that specializes in customer engagement and retention automation. The company provides a cloud-based platform enabling businesses to deliver personalized customer experiences across multiple channels including mobile, web, email, and push notifications.
Who founded CleverTap?
Sunil Thomas founded the company in 2013 in India. Sunil Thomas serves as Founder & CEO.
Is CleverTap profitable?
There's no public reporting on profitability. With raised $303M in total funding, the company remains at the Series D stage.
Where is CleverTap headquartered?
Based in India 🇮🇳, the company runs its operations in the Enterprise AI space and was established in 2013.
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