Hightouch Valued at $1.2 Billion

<p><strong><span class&equals;"legendSpanClass"><span class&equals;"xn-location">SAN FRANCISCO<&sol;span><&sol;span> <&sol;strong>&&num;8212&semi; Hightouch&comma; a data and AI platform for marketing and personalization&comma; has raised an <span class&equals;"xn-money">&dollar;80 million<&sol;span> Series C at a valuation of <span class&equals;"xn-money">&dollar;1&period;2 billion<&sol;span>&period; The round was led by <span class&equals;"xn-person">Rajeev Dham<&sol;span> at Sapphire Ventures&comma; with participation from NVC&comma; ICONIQ Growth&comma; Amplify Partners&comma; Bain Capital Ventures&comma; and Y Combinator&period;<&sol;p>&NewLine;<p>The investment will help drive adoption of the company&&num;8217&semi;s <a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4364193-1&amp&semi;h&equals;4038570199&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fhightouch&period;com&percnt;2Fplatform&percnt;2Fai-decisioning&amp&semi;a&equals;AI&plus;Decisioning&plus;product&percnt;2C" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">AI Decisioning product&comma;<&sol;a> which allows marketers to simply identify a business goal and then lets AI agents deliver the optimal 1&colon;1 marketing experiences that will achieve that goal&period; AI Decisioning and Hightouch&&num;8217&semi;s original Composable CDP product have enabled the company to more than double revenue in the last year and to add numerous enterprise customers like PetSmart&comma; Spotify&comma; and Accor Hotels&period;<&sol;p>&NewLine;<p>&&num;8220&semi;We&&num;8217&semi;ve talked about 1&colon;1 personalization for years&comma; but it&&num;8217&semi;s not possible with the way marketers work today&period; Everything is too slow&comma; too manual&comma; and usually results in customers receiving a blizzard of irrelevant communications&comma;&&num;8221&semi; said <span class&equals;"xn-person">Tejas Manohar<&sol;span>&comma; cofounder and co-CEO at Hightouch&period; &&num;8220&semi;Our vision is to use AI to help marketers break free of manual work&period; Instead of building rigid calendars and static journeys that are inherently impersonal&comma; marketers can simply enter goals like &&num;8216&semi;drive repeat purchases and subscriptions&&num;8217&semi; and let AI agents decide what to do next at a 1&colon;1 level&period; It&&num;8217&semi;s a reimagining of the job of being a marketer&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Enterprises in particular are embracing AI Decisioning to achieve long-standing goals that have been difficult to achieve with traditional methods&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Hightouch is a key part of our strategy for connecting and building loyalty with our pet parents&comma;&&num;8221&semi; said <span class&equals;"xn-person">Bradley Breuer<&sol;span>&comma; Vice President of Marketing&comma; Loyalty&comma; CRM&comma; and Insights at PetSmart&period; &&num;8220&semi;We have more than 70 million Treats Rewards members in our loyalty program and use AI Decisioning to personalize marketing communications for each of our members&comma; making their experience more meaningful&comma; while supporting growth for our business&period;&&num;8221&semi;<&sol;p>&NewLine;<p>AI Decisioning is a neutral technology that works with all existing enterprise data and marketing platforms&period; It can sit on top of any data warehouse or CDP and trigger actions across any marketing or digital platform&comma; including Salesforce&comma; Adobe&comma; Iterable&comma; and Braze&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Our platform uses a combination of reinforcement learning and other models to decide the best message&comma; channel&comma; and timing for each customer&period; We automatically run high-scale experiments to learn what marketing message is most relevant to each consumer&comma; and we&&num;8217&semi;re quickly adding support for more channels like in-app experiences&comma; advertising&comma; and offer management&comma;&&num;8221&semi; said Kashish Gupta&comma; cofounder and co-CEO at Hightouch&period; &&num;8220&semi;The top use case we&&num;8217&semi;re seeing is driving loyalty and frequency of purchase&period; It&&num;8217&semi;s harder than ever for brands to be relevant&comma; and we believe agentic marketing is the solution&period;&&num;8221&semi;<&sol;p>&NewLine;

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