Manychat Raises $140 Million for AI-Powered Business Messaging Platform

Manychat is experiencing significant growth in the business messaging space with a recent $140 million Series B funding round. This investment from Summit Partners will fuel advancements in artificial intelligence (AI), enabling businesses to connect with customers more effectively and personalize interactions on popular platforms. 1.5 million users across 170 countries already rely on Manychat to automate conversations on platforms like TikTok, Instagram, WhatsApp, Messenger, and Telegram, facilitating billions of messages annually. The funding will also bolster global sales, marketing, and customer support operations. This investment is strategic as Manychat operates profitably, positioning the company for future expansion in the competitive market.