Blip Valuation, Funding & Investors
Blip is valued at $300M as of November 2024.
Last Blip valuation
$300M
Series C · Nov 2024
Last Blip funding round
$60M
Series C · Nov 2024
Cumulative funding Blip raised
$230M
across 3 funding rounds
Key investors in Blip
Warburg Pincus
Accel
SoftBank Group
Microsoft
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Hugo Barra
About Blip
Blip is a platform simplifying business procedures by integrating tools and ideas for efficiency. Targeted at enterprises, it streamlines workflows across operations in multiple industries.
Founded
1999
HQ
São PauloWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$300M (Nov 2024)
Sectors
Blip Valuation
Blip is currently valued at $300M, based on its Series C in November 2024.
The $60M round was led by SoftBank Group, with participation from Microsoft and Accel.
Blip valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Nov 2024 | Series C | $300M |
Blip Funding History
Blip has raised a total of $230M across 3 funding rounds.
Blip's first fundraising round was a $100M Series A in October 2020. The most recent completed round was a $60M Series C in November 2024.
Blip funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Nov 2024 | Series C | SoftBank Group (lead); Microsoft; Accel | $60M | $300M | Blip is a conversational AI platform headquartered in Belo Horizonte, Brazil, founded in 2016 with over 200 employees in the AI/ML category. It raised $45M in a Series B funding round at a $300M valuation. The round was led by Take Blip Ventures with participation from Warburg Pincus. Blip plans to use the funds to accelerate product development, expand its team, and scale operations globally. |
| Jun 2022 | Series B | Warburg Pincus (lead) | $70M | - | Take Blip, known as Blip, is a leading business messaging cloud platform that develops conversational applications to support interactions between brands and consumers across channels like WhatsApp and Facebook Messenger. Founded in 1999 and headquartered in Belo Horizonte, Brazil, the company provides an omnichannel messaging service leveraging AI for personalized, real-time customer engagements. In June 2022, Take Blip announced a $70 million Series B financing round led by Warburg Pincus, bringing total funding to $170 million at that point. The investment supports international expansion, product innovation, mergers and acquisitions, customer acquisition, and scaling operations in markets like the US, Europe, and Mexico. Near the Series B round date, Take Blip's Chief Strategy Officer Marcelo Hein reported that the company had passed the US$100 million mark for annualized revenues earlier in 2022, with approximately 100% year-over-year growth and healthy margins. This milestone underscores strong traction in the conversational commerce sector. Warburg Pincus, having initially invested in a $100 million Series A in 2020, continued as a key partner, highlighting the platform's growth through strategic acquisitions, product development, and customer service enhancements. Post-Series B, Blip raised additional rounds, including a $60 million Series C in late 2024 led by SoftBank with Microsoft participation, increasing total funding to $230 million. The company has powered over 3 billion conversations for more than 3,000 businesses, including major clients like Itaú, Coca-Cola, and Mercado Libre, positioning it strongly in Latin America's conversational AI and marketing space amid shifting digital interfaces toward conversational formats. |
| Oct 2020 | Series A | Warburg Pincus (lead); Hugo Barra | $100M | - | Take Blip is an API-first communication platform founded in 1966 in Brazil that enables enterprises to engage customers across multiple conversational channels including WhatsApp, Facebook Messenger, Apple Business Chat, Google RCS, and Google Business Messages. The platform manages how companies connect corporate workflows such as CRM, customer service, and analytics with messaging channels, processing over 1.5 billion messages per month. In October 2020, Take Blip raised $100 million in Series A funding led by Warburg Pincus, a global private equity firm with over $50 billion in assets under management. The company had achieved $40 million in annual recurring revenue (ARR) by 2020 and demonstrated strong traction with five-fold growth over the preceding two years. This was the largest Series A round ever completed in Brazil at that time. The capital was earmarked for accelerating international expansion into the United States, Europe, and Mexico, as well as scaling sales, marketing, customer support, and R&D operations. Following this Series A, Take Blip continued its growth trajectory, completing a $70 million Series B round in June 2022 led again by Warburg Pincus, and subsequently a $60 million Series C round, eventually powering over 3 billion conversations with a client base exceeding 3,000 businesses including major brands like Itaú, Coca-Cola, and Mercado Libre. |
Who has invested in Blip?
5 investors have backed Blip across its funding rounds, including Warburg Pincus, Accel, SoftBank Group, Microsoft and Hugo Barra.
Lead investors include SoftBank Group and Warburg Pincus.
Blip Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
 New York City, NY | 2 | Lead | Oct 2020 | |
| Hugo Barra | San Francisco, CA | 1 | Participant | Oct 2020 |
| Seattle, WA | 1 | Participant | Nov 2024 | |
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Start Free TrialAcquisitions by Blip
Blip has acquired 2 companies to date.
Last acquisition by Blip was on December 19th 2023. Blip acquired Gus Chat for undisclosed valuation.
Latest Acquisitions by Blip
| Description | Gus Chat is a Mexican developer of smart chatbots targeting Spanish-speaking markets. Founded in 2015 with headquarters in Mexico, it licenses B2B technology for operational automation across Spain and Latin America. The platform originated as a personal assistant and evolved into enterprise solutions emphasizing user experience and innovation via gus.chat. | STILINGUE is a São Paulo-based AI SaaS platform that analyzes customer voice data, providing summarization and prioritization through natural language processing optimized for Portuguese and Spanish. The platform serves major Brazilian brands such as Natura, Itaú, Claro, Bradesco, and Kroton, outperforming leading tech providers in regional language accuracy. STILINGUE aggregates feedback from calls, surveys, and social media into actionable insights for customer experience improvement. |
| HQ Country |  | |
| HQ City | Mexico City | São Paulo |
| Deal Date | 19 Dec 2023 | 26 Jan 2022 |
| Valuation | undisclosed | undisclosed |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all Blip acquisitions and their M&A valuation multiples. Start Free Trial | ||
Blip Competitors
Blip competitors include listed companies like BLS E- Services and Andrews Sykes Group, and private ones like intenseye, Panda Selected, JR Compliance and Testing Labs and AlertMedia.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| New York City, NY | Private | $19M | - | $300M | 15.8x | |
 Beijing | Private | - | - | $300M | - | |
 India | Publicly listed | $117M | $9M | $297M | - | |
 United Kingdom | Publicly listed | $103M | $44M | $306M | - | |
| New Delhi | Private | - | - | $350M | - | |
| Austin, TX | Private | - | - | $250M | - |
Blip Public Comps
Blip is still privately-owned, but its public comps include BLS E- Services, Andrews Sykes Group, Accel, EVI Industries, Daesang Holdings, K-Bro Linen, Startia Holdings, System Support Holdings, Catering International & Services and E-Guardian.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $117M | $9M | 2.3x | - | 29.7x | - | |||
| $103M | $44M | 2.8x | - | 6.6x | - | |||
| $887M | $125M | 0.8x | - | 5.4x | - | |||
| $447M | $24M | 0.6x | 0.6x | 11.9x | 9.0x | |||
| $4.1B | $4M | 0.4x | - | 472.5x | - | |||
| $363M | $65M | 1.6x | 1.5x | 9.2x | 7.8x | |||
| $153M | $25M | 1.1x | 1.1x | 6.6x | - | |||
| $173M | $16M | 0.9x | 0.8x | 9.5x | - | |||
This data is available for Pro users. Sign up to see all Blip competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Blip
| When was Blip founded? | Blip was founded in 1999. |
| Where is Blip headquartered? | Blip is headquartered in São Paulo, Brazil. |
| Is Blip publicly listed? | No, Blip is a private, VC-backed company. |
| What is Blip's valuation? | Blip was last valued at $300M in its Series C in November 2024. |
| How much funding has Blip raised? | Blip has raised $230M across 3 funding rounds. |
| What was Blip's last funding round? | Blip's last funding round was a $60M Series C in November 2024, led by SoftBank Group. |
| Who are Blip's investors? | Blip's investors include Warburg Pincus, Hugo Barra, Microsoft, SoftBank Group and Accel. |
| Which companies are comparable to Blip? | Companies comparable to Blip include intenseye, Panda Selected, BLS E- Services, Andrews Sykes Group, JR Compliance and Testing Labs and AlertMedia. |
| How many companies has Blip acquired? | Blip has acquired 2 companies, including Gus Chat and STILINGUE. |
See companies similar to Blip
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