Zoovu's $169m Series C funding led by FTV Capital

Torch Partners acted as exclusive financial adviser to Zoovu, the leading AI conversational ecommerce platform, on its growth equity financing of $169m led by FTV Capital.

Zoovu develops a digital conversation platform for enterprise businesses, that delivers rich, contextual, and personalised content enabling businesses to improve their sales, services, and workplace. With clients such as Amazon, Microsoft, and Bosch, Zoovu rapidly became the foundational provider of digital assistant software for the world’s leading brands and marketplaces, helping them to humanize the digital engagement experience and increase their sales. Today, Zoovu has over 2,500 customers and over 10 million people interact with the platform daily, generating $25 billion in annual sales for its customers.

Torch Partners acted as exclusive financial adviser to Zoovu, further demonstrating Torch’s experience in advising SaaS companies on raising large growth equity rounds.

$169m

Growth Equity

June 2022