AI marketing firm MoEngage raises additional $180 Mn in Series F round

MoEngage, the customer engagement platform for consumer brands, has raised an additional $180 million as part of its Series F round. 

This comes after the $100 million raised in November 2025, bringing the total Series F funding to $280 million. The latest round was led by new investors ChrysCapital and Dragon Funds, with Schroders Capital joining and existing investors TR Capital and B Capital continuing their support.

The funding will help MoEngage accelerate innovation for its Merlin AI suite, expand go-to-market teams in North America and EMEA, and pursue strategic acquisitions to enhance the platform’s capabilities. The company is also strengthening its presence in Australia, New Zealand, and Southeast Asia, where enterprise brands are modernizing customer engagement and unifying marketing and product workflows.

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In addition, MoEngage completed its second employee tender offer, worth around $15 million, benefiting 259 current and former employees. The round also included select secondary transactions for early investors, including Eight Roads, Helion Venture Partners, Matrix Partners, and Ventureast.

"At MoEngage, we believe our success is a collective effort, built on a culture of ownership and innovation. It is vital that we recognize the people who brought us to this stage," said Raviteja Dodda, CEO & Co-founder, MoEngage. "This liquidity program reflects that commitment by ensuring that the builders of MoEngage, our employees, and early investors have the opportunity to directly share in the milestones we achieve together. We are grateful for the partnership of ChrysCapital, Dragon Funds, Schroders Capital, TR Capital, and B Capital as we continue to scale globally."

"Customer engagement has never belonged to just one team. Customers move through many moments, and those moments should feel connected and supportive," added Dodda. "When product, engineering, and marketing work from the same data and tools, they can show up more naturally for their audiences. That's the experience we want to help companies deliver so they can grow their brands."

Rishabh Iyer, Vice President at ChrysCapital, said, "ChrysCapital is excited to partner with MoEngage for its next phase of AI-led growth. This investment aligns with our strategy to back technology platforms, built in India for global enterprises, leveraging deep talent, capital efficiency, and a sophisticated understanding of enterprise needs. We are impressed by MoEngage's disciplined operating model, sustained US execution and broad product capabilities. We look forward to helping the team become the world's leading marketing technology platform."

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About MoEngagve 

Founded in 2014 by Raviteja Dodda and Yashwanth Kumar, MoEngage provides data-driven customer engagement tools that help brands connect with users across web, mobile, email, and messaging channels. Its clients include SoundCloud, McAfee, flipkart, Kayak, Domino’s, and Deutsche Telekom.

MoEngage Inform ensures reliable delivery of transactional messages like OTPs and account updates via a single API, separate from marketing campaigns. Its Product Analytics combines behavioral data with real-time engagement to help teams understand user behavior, boost retention and increase lifetime value.

The company serves over 1,350 consumer brands in 75 countries, powering digital experiences for more than 2 billion users each month.

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