Mumbai, India – Denver, USA: CometChat has raised $1.6 million in a Seed funding from Colorado-based Range Ventures, New York-based Silicon Badia and India based iSeed Ventures.
CometChat is a CpaaS (Communication-Platform-as-a-Service) startup that provides thousands of customers with a communication platform for their websites, web apps, mobile apps and IoT.
Anuj Garg and Anant Garg founded CometChat in the US in 2019 with the aim to provide plug n play communication products to global enterprises to help them improve brands’ reach.
CometChat, a product tech startup that designs critical functions like chat, video and live event capabilities within websites and apps. This enables enterprises to boost user engagement to accelerate their go to market time.
CometChat’s products and solutions help enterprises save hundreds of developer hours and the associated costs.
“Today, we have built a strong base in the US and India and with backing of well known VCs both in the US and India, we believe our growth rate will accelerate and help us hit the next set of milestones quicker than before,” said Anuj Garg, Co-founder & CEO, CometChat.
The startup chose to remain bootstrapped until last year. But then it became the first and only Indian startup to be selected for the Techstars Boulder Accelerator Program and received funding as well.
The Seed funding will be used to scale up sales and marketing functions in the US and India. This capital will help CometChat, a B2D (business to developer) company, fuel growth by entering new markets with its Developer-First marketing approach and make significant investments towards product development.
“I first came across CometChat when a customer of theirs posted a great review about them. Then from the minute I saw their meteoric rise in metrics to Anuj and Anant’s vision on how text, voice and video will play a vital part in bringing intimacy to experiences online, I was excited to invest fairly quickly,” said Utsav Somani, Founder – iSeed Ventures.