Funding round
Gupshup Series D
Gupshup, which works in conversational AI platform development in India, raised $12M in a Series D round announced on 20 Jan 2010, led by Globespan Capital Partners. 3 firms took part, 2 of them already investors. It is Gupshup's first venture round on record.
$12M
Amount raised
Not disclosed
Post-money valuation
3
Investors
1 lead
Valuation
What this round says about the price
Gupshup did not disclose a valuation in this round. It is Gupshup's first venture round on record, 6 years after it was founded in 2004. It is 2.8% of the $422M Gupshup has raised in the venture rounds on record. Gupshup raised again 19 months later: a Series E round of $10M in Aug 2011. Its next priced round, a Series F in Apr 2021, valued it at $1.40B.
Gupshup's funding rounds
Gupshup has 5 venture rounds on record. This one is highlighted.
- Series D this round 20 Jan 2010, led by Globespan Capital Partners $12M
- Series E 30 Aug 2011, led by Tenaya Capital $10M
- Series F 8 Apr 2021, led by Tiger Global $100M$1.40B post-money
- Growth 28 Jul 2021, led by Tiger Global, Think Investments and Malabar Investments $240M$1.40B post-money
- Growth 23 Jul 2025, led by Globespan Capital Partners $60M
Investors
Who put money in
Globespan Capital Partners led the round with 2 other firms. CRV and Helion Venture Partners had backed Gupshup before.
Lead investor
- backs 11 venture-backed companies new investor
Also in the round
- CRV backs 177 venture-backed companies existing investor
- Helion Venture Partners existing investor
Joined the board: Venky Ganesan (Globespan Capital Partners).
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: Series D rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 19 Feb 2010 | $176M | not disclosed | not named |
| Tech Companies | 3 Dec 2009 | $31M | not disclosed | Bessemer Venture Partners |
| Tech Companies | 1 Dec 2009 | $27M | not disclosed | Cisco |
| Civil Engineering Services | 17 Nov 2009 | $30M | not disclosed | EW Healthcare Partners |
| Insurance - Agents, Carriers & Brokers | 1 Nov 2009 | $1.2M | not disclosed | not named |
| Solar Energy Company | 20 May 2010 | $150M | not disclosed | VantagePoint Capital Partners and Morgan Stanley |
| Pharmaceutical Products | 27 May 2010 | $41M | not disclosed | NGN Capital |
| Electronical Components Manufacturing | 5 May 2010 | $23M | not disclosed | Molten Ventures |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Gupshup raise in its Series D round?
Gupshup raised $12M in its Series D round, announced in Jan 2010.
Who led Gupshup's Series D round?
Globespan Capital Partners led it, with CRV and Helion Venture Partners.
What was Gupshup's valuation at the Series D round?
It was not disclosed.
Did Gupshup raise again after this round?
Yes: a Series E round in Aug 2011 of $10M.