This news comes on the heels of its Series C round. The funding will help Typeform accelerate product development and scale its business. Here are the top-line bullets you need to know.
Typeform, a survey-building software provider, has raised $135M in a Series C. The round drew participation from Connect Ventures, GP BullHound Sidecar, General Atlantic, Index Ventures, Point Nine Capital, and Sofina, among others.
HOW’S THE COMPANY PERFORMING?
- Spain-based Typeform enables organizations to collect data from their users via user-friendly forms, quizzes, and surveys, among other templates.
- Typeform’s annual recurring revenue has more than tripled since 2018. It reportedly generated $70M in revenue in FY’21.
- The company facilitates over 500M interactions for 125K+ businesses each year.
- The startup is currently supported by a team of over 450 employees across 10 countries. Its headcount rose 35% year-over-year in 2021.
- Typeform has offices in Barcelona and San Francisco.
Source: Typeform
WHY DOES THE MARKET MATTER?
- The global online survey software market is expected to reach a value of $13.8B by 2026, growing at a CAGR of 16.04%, according to Knowledge Sourcing Intelligence.
- Growing internet penetration and the rising use of social media platforms have contributed to market growth.
