$8 million raised for Chattermill in Series A round

Author

UK Business Angels Association

26 February 2020

London start-up Chattermill has raised $8 million in Series A funding.

The ‘customer understanding’ platform uses machine learning to gain scalable insights into customer feedback.

The Series A round was led by DN Capital, alongside Ventech and btov Partners. Silicon Valley Bank also participated, in addition to a number of angel investors including Matt Price (Senior Vice President at Zendesk), and Nilan Peiris (VP Growth at Transferwise). Existing investors Entrepreneur First, Avonmore Developments and 2be.lu also followed on.

“Chattermill enables our team to take customer insights deeper than ever before and focus on the key factors that make a difference to our users and drive our growth,” said Transferwise’s Peiris. “I’ve seen first-hand the value a product like Chattermill’s can add to a company, and that’s why I decided to invest in this round.”

Chattermill was co-founded by Mikhail Dubov and Dmitry Isupov in 2015 while going through the company builder program run by Entrepreneur First. The platform has been used by a number of high-growth companies such as HelloFresh, Uber, Deliveroo, Zappos and Transferwise.

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