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Venture Capital News: Vatom Closes $10M Series B Round

2024-02-15
VENICE, CA, Vatom announced today that it has completed an initial $10 million Series B financing.
The company will use the proceeds to expand Customer Success, Marketing, and Product teams supporting its rapidly growing customer base. The Series B will remain open for anticipated additional investors in the coming months.

The company's valuation was set at $125 million, driven primarily by its unique platform offering and its growing roster of Fortune 500 customers. Vatom was recently named by INC Magazine as one of the top 5000 fastest-growing companies in the USA.

The round is being led by GSV AirCO, a global venture capital fund focused on the rapidly growing digital education market. Michael Moe, founder and CEO of GSV will join Vatom's board of directors. Current investors in Vatom include iHeart Media, Galaxy Digital, Raine Group, and Bat VC.

Vatom is a next-generation customer engagement platform. Their unique solution has become the engagement platform of choice for some of the largest companies in the world, including Google, PepsiCo, P&G, Deloitte, E&Y, Visa, iHeart Media, and Dentsu, among others.
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