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Sprinklr Valued at $2.7 Billion in Hellman & Friedman Round

  • Hellman & Friedman’s total bet on company now $500 million
  • Sprinklr could be weighing an IPO as early as late 2021
Updated on

Sprinklr, a technology company focused on customer service software, has raised $200 million from private equity firm Hellman & Friedman, which will take a minority stake at a $2.7 billion valuation.

Hellman & Friedman is investing an additional $300 million to buy out some existing investors, bringing its total bet on Sprinklr to $500 million, a Sprinklr spokesman said, confirming an earlier Bloomberg News report.