Contentful turns unicorn after raising $175M from Tiger Global at a valuation of over $3B


At a Glance

Contentful, a content platform, raised $175M in a Series F round, valuing the company at over $3B, making it a unicorn. The funds will be used to extend Contentful’s global marketing and sales reach and to continue investing in its growth.

Contentful, a content platform for digital-first businesses, has raised $175 million at a valuation of over $3 billion in a Series F funding round to become a unicorn. Tiger Global Management led this round. Other participants include Tidemark and Base10 Advancement Initiative. 

The funds will be used to grow Contentful’s worldwide marketing and sales reach and continue to invest in developing its content platform, ecosystem, and next-generation solutions.

Thousands of organizations rely on Contentful, which was founded in Berlin and has offices in Denver and San Francisco, to build and deliver digital experiences across websites, mobile applications, digital displays, and other connected devices.

We are living in a digital-first era where content makes digital experiences come alive. It is the way the best companies create conversations across all of the devices that surround their customers.

Steve Sloan, CEO of Contentful,

This latest round of financing enables us to accelerate our pace of investment in our team and technology and supports our growing ecosystem of customers and partners to build on our platform and create the best content experiences for today’s consumer.

Steve Sloan, CEO of Contentful,

Elena Donio and Fred Ball have been appointed as independent board members as part of Contentful’s growth.

Ms. Donio is the former CEO and president of Axiom and SAP Concur. She worked with Concur for almost eighteen years in various leadership roles in product, sales, and marketing. Donio is also a member of the Twilio and Databricks boards of directors.

Mr. Ball joins the Contentful board after serving as CFO at Marketo, Webroot Software, BigBand Networks, and Borland Software. He now serves on the boards of Advanced Energy and FirstMark Acquisition Corporation, and he formerly sat on SendGrid’s board of directors.

Speaking about the investment, John Curtius, a partner at Tiger Global, said, “When we look at where winning brands are making changes for the modern consumer, their investment in the digital experience starts with content. The opportunity to join Contentful in redefining the way content is used in every modern digital experience was extremely exciting for us. We believe Contentful is well positioned to become the platform of choice for brands to deliver the experience across channels that consumers want and expect.”

The Contentful platform is used by leading companies like Shopify, Staples, Atlassian, Electronic Arts, Chanel, Roche, Vodafone, and more than 30% of the Fortune 500. 

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