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Utah’s Podium raises $125m Series C led by YC after reaching $100m ARR

Utah based messaging and payments SaaS startup raised $125m in Series C funding at a $1.5b valuation led by Y Combinator's Continuity Fund.

Along with its fundraising announcement, Podium told TechCrunch that it is rolling out a free tier of its service, called Podium Starter. The company is doing what a number of tech firms are, namely offering parts of their technology at zero cost to people and businesses that might need it; here’s Boston’s Drift doing something along similar lines, for example. Podium Starter’s wait list is live today, with the startup promising to offer the service to “every local business in the United States” in time.

Tags

messaging, financing