
BlackRock, BPI France et al. in $160m series-B for Sendinblue
French digital marketing platform Sendinblue has raised $160m in a series-B funding round from Bridgepoint, BPI France and BlackRock, alongside existing backer Partech.
The company will use the proceeds for further expansion and growth in the North American market.
In a statement, the company said it has experienced 100% year-on-year growth in the US since 2018; the US is the fastest-growing market for the startup.
According to Crunchbase, the latest round brings the total amount raised by the company to $197.7m
Previous funding
In 2017, Sendinblue raised $36m in series-A funding from Partech Ventures.
Company
Founded in 2012 and headquartered in Paris, Sendinblue provides a digital marketing platform for B2B and B2C customers. The company has additional offices in Seattle, Berlin, Noida and Toronto, and serves 180,000 customers across 160 countries. It employs 400 staff.
People
Sendinblue – Armand Thiberge (founder; CEO).
Bridgepoint – Olivier Nemsguern (partner).
BPI France – Louis Molis (investment director).
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