MoEngage Raises $180 Million in Series F Funding

MoEngage, a leading customer engagement platform designed for consumer brands, has successfully secured an additional $180 million in its Series F funding round. This new investment follows the $100 million raised in November 2025, bringing the overall Series F total to $280 million. The latest funding was spearheaded by fresh investors ChrysCapital and Dragon Funds, alongside Schroders Capital, while existing investors TR Capital and B Capital continued their involvement.

Purpose of the New Investment

The capital obtained will be utilised to drive innovation within the Merlin AI suite, expand go-to-market teams in North America and EMEA, and look into strategic acquisitions that would enhance the platform’s functionality or promote global growth.

Employee Tender Offer and Liquidity Measures

MoEngage has also executed its second employee tender offer, valued at approximately $15 million, allowing 259 current and former employees to access liquidity. This move included selective secondary sales from early investors, which comprised Eight Roads Ventures, Helion Venture Partners, Z47, and Ventureast.

Company Valuation Insights

Although MoEngage chose not to disclose its valuation, estimates suggest that its post-money valuation stands between $850 million and $900 million.

About MoEngage

Founded in 2014 by Raviteja Dodda and Yashwanth Kumar, MoEngage specialises in providing insight-driven customer engagement solutions that assist brands in effectively connecting with users across various platforms, including web, mobile, email, and messaging channels. Its notable clients feature SoundCloud, McAfee, Flipkart, Kayak, Domino’s, and Deutsche Telekom.

Innovative Product Offerings

The MoEngage Inform tool ensures the dependable delivery of essential transactional messages, such as one-time passwords (OTPs) and account updates, through a dedicated API, which is separate from marketing initiatives. Furthermore, the Product Analytics feature amalgamates behavioural data with real-time engagement, enabling teams to comprehend user behaviour and enhance retention and lifetime value.

Global Reach

MoEngage currently serves more than 1,350 consumer brands across 75 countries, powering digital experiences for over 2 billion users each month.