- Emotive, a Los Angeles, CA-based conversational text message platform for eCommerce brands, closed a Series B funding round of $50m
- The round, which brought the company’s valuation to $400m, led by CRV, with participation from existing investors
- In conjunction with the funding, Murat Bicer, general partner at CRV, joined Emotive’s Board
- The company also intends to use the funds to accelerate its go-to-market strategy, invest in its platform, and launch new products
- Ecommerce brands also use Emotive’s text conversations to prevent cart abandonment, promote sales and new product releases, offer interactive text quizzes, and scale product recommendations
- Hundreds of eCommerce businesses use Emotive to drive sales through conversations that feel personal and human
