Postscript, a Scottsdale-based text message marketing platform for the Shopify stores, has now secured $35 million in a Series B funding round.
The round was backed by the Greylock, with participation from YC Continuity Fund, OpenView and others.
Post funding, Mike and Sarah from the Greylock, will now be going to join the Postscript Board of Directors team.
The company as of now has plans to use the new funds to further develop products and immediate investment into some of the new features and improvements that continue to maximize the SMS as a customer lifecycle channel and delivering eCommerce experiencing over the SMS and grow the team with the additional talent in customer success, go to market and engineering.
Postscript is founded by Adam Turner. It offers more than 3500 Shopify stores with an eCommerce SMS platform to communicate and engage with the customers with the help of text message marketing.
The company was backed by the Y Combinator and revealed a Seed Round in the month of December of 2019.
Mike Duboe, General Partner at Greylock, said, “The intense community love we’ve observed toward Postscript over the years is incredibly rare to see. Across merchants, integration partners, agencies, and key players in the commerce ecosystem — Postscript has quickly become a household name. This community fervor is a testament to Postscript’s unparalleled ROI, deep empathy for merchants, and most importantly, strong foundation to solidify SMS as the most valuable channel in commerce. This team is beloved and for good reason — they’re great humans with a big vision, strong product intuition, and unwavering customer obsession.”
Adam Turner, CEO at Postscript, said, “A fundamental belief at Postscript is that ecommerce engagement and interaction is going to happen more and more in mobile native channels like SMS. We’ve seen this shift already take place in notable markets like WeChat in China and WhatsApp in India. Consumers crave seamless digital experiences and in the future will prefer messaging channels over mobile web. SMS is emerging as a new category of customer communication with unprecedented engagement, ROI, and growth in brand trust.”