MoEngage Raises $180MN in Series F Funding

MoEngage announced an additional $180 million in its Series F funding round, bringing the total for the round to $280 million.

The funding was led by ChrysCapital and Dragon Funds, with participation from Schroders Capital, and continued support from TR Capital and B Capital. An earlier Series F close in November 2025 raised $100 million led by Goldman Sachs Alternatives and A91 Partners.

As part of the funding process, the company conducted a liquidity event allowing employees and early investors to sell shares. Around 259 current and former employees participated, with a tender offer valued at approximately $15 million. Early investors involved in secondary sales included Eight Roads Ventures, Helion Venture Partners, Matrix Partners, Ventureast, and Z47.

Funding history:

  • Series C & D (2020–2021): Raised capital including a $30 million extension in December 2021 led by Steadview Capital.
  • Series E (2022): Raised $77 million led by Goldman Sachs Asset Management and B Capital.
  • Series F (2025): $280 million total, including the November and December tranches.

MoEngage develops software for customer engagement across web, mobile, email, and messaging channels.

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