11 June 2024
postscript shopify series greylock yckumparaktechcrunch

Postscript, a leading SMS marketing platform for Shopify stores, has recently announced the completion of its Series B funding round, raising $35 million. The funding was led by Greylock, a venture capital firm that has previously invested in companies like LinkedIn, Airbnb, and Dropbox. This latest funding round brings Postscript’s total funding to $47 million. In this article, we will take a closer look at Postscript’s recent funding round and what it means for the company’s future.

The Growth of Postscript

Postscript was founded in 2018 with the goal of helping Shopify merchants increase their revenue through SMS marketing. Since then, the company has grown rapidly, with over 4,000 merchants using its platform to send targeted SMS campaigns to their customers. Postscript’s success can be attributed to its user-friendly interface, powerful automation capabilities, and excellent customer support.

The Series B Funding Round

Postscript’s Series B funding round was led by Greylock, with participation from existing investors Y Combinator and Uncork Capital. The funding will be used to accelerate Postscript’s growth and expand its product offerings. In a statement, Postscript CEO Alex Beller said, “We’re excited to partner with Greylock as we continue to build the best SMS marketing platform for Shopify merchants. This funding will allow us to invest in our team, our technology, and our customers.”

The Future of Postscript

With this latest funding round, Postscript is well-positioned to continue its rapid growth and become the go-to SMS marketing platform for Shopify merchants. The company has already made significant strides in this direction, with features like automated abandoned cart reminders, personalized product recommendations, and advanced segmentation capabilities. In the future, we can expect Postscript to continue innovating and adding new features to its platform.

The Importance of SMS Marketing

SMS marketing is becoming an increasingly important channel for e-commerce businesses. According to a recent study, SMS messages have an open rate of 98%, compared to just 20% for email. Additionally, SMS messages are typically read within three minutes of being received, making them an effective way to reach customers in real-time. With Postscript, Shopify merchants can take advantage of this powerful marketing channel and drive more sales.

Conclusion

Postscript’s recent Series B funding round is a testament to the company’s success and potential for growth. With the support of Greylock and other investors, Postscript is well-positioned to continue innovating and expanding its product offerings. As SMS marketing becomes an increasingly important channel for e-commerce businesses, Postscript is poised to become the go-to platform for Shopify merchants looking to drive more sales and revenue.

Postscript, a leading SMS marketing platform for Shopify stores, has recently announced the completion of its Series B funding round, raising $35 million. The funding was led by Greylock, a venture capital firm that has previously invested in companies like LinkedIn, Airbnb, and Dropbox. This latest funding round brings Postscript’s total funding to $47 million. In this article, we will take a closer look at Postscript’s recent funding round and what it means for the company’s future.

The Growth of Postscript

Postscript was founded in 2018 with the goal of helping Shopify merchants increase their revenue through SMS marketing. Since then, the company has grown rapidly, with over 4,000 merchants using its platform to send targeted SMS campaigns to their customers. Postscript’s success can be attributed to its user-friendly interface, powerful automation capabilities, and excellent customer support.

The Series B Funding Round

Postscript’s Series B funding round was led by Greylock, with participation from existing investors Y Combinator and Uncork Capital. The funding will be used to accelerate Postscript’s growth and expand its product offerings. In a statement, Postscript CEO Alex Beller said, “We’re excited to partner with Greylock as we continue to build the best SMS marketing platform for Shopify merchants. This funding will allow us to invest in our team, our technology, and our customers.”

The Future of Postscript

With this latest funding round, Postscript is well-positioned to continue its rapid growth and become the go-to SMS marketing platform for Shopify merchants. The company has already made significant strides in this direction, with features like automated abandoned cart reminders, personalized product recommendations, and advanced segmentation capabilities. In the future, we can expect Postscript to continue innovating and adding new features to its platform.

The Importance of SMS Marketing

SMS marketing is becoming an increasingly important channel for e-commerce businesses. According to a recent study, SMS messages have an open rate of 98%, compared to just 20% for email. Additionally, SMS messages are typically read within three minutes of being received, making them an effective way to reach customers in real-time. With Postscript, Shopify merchants can take advantage of this powerful marketing channel and drive more sales.

Conclusion

Postscript’s recent Series B funding round is a testament to the company’s success and potential for growth. With the support of Greylock and other investors, Postscript is well-positioned to continue innovating and expanding its product offerings. As SMS marketing becomes an increasingly important channel for e-commerce businesses, Postscript is poised to become the go-to platform for Shopify merchants looking to drive more sales and revenue.

Leave a Reply

Your email address will not be published. Required fields are marked *