MessageBird’s $200 Million Fundraise Likely Last Before an IPO
- Company conducted the financing entirely via Zoom, Hangouts
- Funds to support M&A with company preparing for 2021 listing
Robert Vis
Photographer: Yuriko Nakao/BloombergThis article is for subscribers only.
MessageBird said it’s raised $200 million of new funding at a valuation of $3 billion in what’s expected to be the last cash injection before an initial public offering next year.
Some of the funds will be used for acquisitions, and MessageBird still believes it will be “IPO-ready” in the first half of 2021, Chief Executive Officer Robert Vis said in an interview this week.