- Companies
- Chili Piper
Chili Piper Revenue, Valuation, Funding & Investors
Chili Piper is valued at $625M as of April 2021, a 34.7x multiple on its last reported $18M revenue.
Last Chili Piper valuation
$625M
Series B · Apr 2021
Last Chili Piper funding round
$33M
Series B · Apr 2021
Chili Piper revenue
$18M
Series B · Apr 2021
Key investors in Chili Piper
Gradient
Base10 Partners
Flashpoint
Tiger Global
About Chili Piper
Chili Piper is a Brooklyn-headquartered sales acceleration platform automating meeting bookings for revenue teams worldwide. Founded in 2016, its core products include CPQ Go for instant demo scheduling post-form submission and Piper.ai for AI-driven lead routing based on territory rules and rep availability. Integrated with HubSpot, Salesforce, and Marketo, it handles inbound leads from webinars, ads, and events, reducing time-to-meeting from days to seconds. Over 500 customers such as OpenView and Drata rely on its tools for pipeline velocity.
Founded
2016
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Revenue
$18M (Apr 2021)
Valuation
$625M (Apr 2021)
Chili Piper Valuation
Chili Piper is currently valued at $625M, based on its Series B in April 2021.
The $33M round was led by Tiger Global, with participation from Gradient and Base10 Partners.
Chili Piper valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Apr 2021 | Series B | $625M | 34.7x |
Chili Piper Revenue
Chili Piper's latest recorded revenue is $18M, as of its Series B in April 2021. At a $625M valuation, that implies a 34.7x revenue multiple.
Chili Piper revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Apr 2021 | $18M | $625M | 34.7x | Series B |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Chili Piper Funding History
Chili Piper has raised a total of $54M across 3 funding rounds.
Chili Piper's first fundraising round was a $3M seed round in April 2019. The most recent completed round was a $33M Series B in April 2021.
Chili Piper funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Apr 2021 | Series B | Tiger Global (lead); Gradient; Base10 Partners | $33M | $625M | Chili Piper is a SaaS platform providing advanced routing, scheduling, and meeting automation solutions for revenue and sales teams, helping to accelerate lead conversion through features like form routing, chat engagement, lead distribution, and handoffs between sales reps. Founded in 2016 by Nicolas and Alina Vandenberghe, the company bootstrapped until 2019 before raising capital. In April 2021, Chili Piper announced a $33 million Series B round led by Tiger Global, with participation from Base10 Partners and Gradient Ventures, bringing total funding to $54 million following a prior $18 million Series A. The post-money valuation reached $625 million, reflecting a 34x revenue multiple on approximately $18 million ARR at the time. The round included $33 million in primary capital and an additional $30 million in secondary sales, enabling founders and early employees to realize some liquidity. Tiger Global committed after a single 20-minute pitch deck presentation, impressed by the product's vision and customer focus. Funds were allocated to hiring engineers and marketers, product expansion including form concierge, distro for lead SLAs, handoffs, and chat features, and global scaling. Customers included major firms like Intuit and Spotify, with product bundling driving average contract value (ACV) up from $6,000 to $10,500. This funding came amid rapid 2020 growth fueled by remote work trends, positioning Chili Piper as a demand conversion platform consolidating multiple sales tools. Post-round, the company operated with autonomy as Tiger Global provided hands-off support. |
| Aug 2020 | Series A | Base10 Partners (lead); Flashpoint; Gradient | $18M | - | Chili Piper, a leader in Inbound Revenue Acceleration, provides a SaaS platform that automates appointment scheduling for sales teams, enabling instant connections between remote sales teams and customers. The company raised $18 million in Series A funding on August 18, 2020, led by Base10 Partners, with participation from Gradient Ventures (Google's AI-focused fund) and existing investor Flashpoint Venture Capital. TJ Nahigian from Base10 joined the board, and proceeds were allocated to enhance product capabilities for remote sales, expand sales and marketing to target the $100B+ CRM market, and serve global customers. Chili Piper's products drive significant inbound channel conversion increases of 60-100%, making ROI compelling for teams with even modest lead volumes. Customers at the time included high-growth companies like Square, Sendoso, Tray.io, Intuit, ChowNow, and Monday.com. Founders Nicolas Vandenberghe and Alina focus on evolving sales automation by integrating cloud collaboration with sales force automation, termed 'Instant Inbound,' and plan expansions into internal meeting scheduling and deal collaboration embedded in existing tools like email and calendar. The round built on prior seed funding from Flashpoint in 2019, highlighting the team's progress amid shifting remote work and sales patterns. Base10 emphasized Chili Piper's position in automating sales processes within their investment thesis on automation for the real economy. |
| Apr 2019 | Seed | Flashpoint (lead) | $3M | - | Chili Piper is a Buyer Enablement tech pioneer offering a SaaS platform for sales teams to schedule appointments, convert leads into meetings, book demos, and streamline processes. The company bootstrapped until April 2019, achieving $2 million ARR prior to external funding. Flashpoint Venture Capital led a $3 million seed round on April 24, 2019. This funding supported the sophisticated appointment scheduling platform used by B2B revenue teams. |
Who has invested in Chili Piper?
4 investors have backed Chili Piper across its funding rounds, including Gradient, Base10 Partners, Flashpoint and Tiger Global.
Lead investors include Tiger Global, Base10 Partners and Flashpoint.
Chili Piper Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Apr 2019 | ||
| 2 | Participant | Aug 2020 | ||
This data is available for Pro users. Sign up to see all 4 Chili Piper investors. Start Free Trial | ||||
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Start Free TrialAcquisitions by Chili Piper
Chili Piper has acquired 1 company to date.
Last acquisition by Chili Piper was on August 24th 2022. Chili Piper acquired KosmoTime for undisclosed valuation.
Latest Acquisitions by Chili Piper
| Description | KosmoTime is a Brooklyn-based productivity app launched in 2019. It combines calendar management, to-do lists, task batching, sprint grouping, and distraction blocking. Users schedule tasks into calendars, organize into time-blocked sprints, and receive focus prompts, available via kosmotime.com for iOS and web. |
| HQ Country | |
| HQ City | New York City, NY |
| Deal Date | 24 Aug 2022 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Chili Piper acquisitions and their M&A valuation multiples. Start Free Trial | |
Chili Piper Competitors
Chili Piper competitors include listed companies like Sprout Social and Beijing Quanshi World, and private ones like Postscript, Sendoso, Alembic and Affinity.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $39M | - | $636M | 16.3x | ||
| Private | - | - | $640M | - | ||
| Private | - | - | $645M | - | ||
| Private | - | - | $600M | - | ||
| Publicly listed | $458M | ($31M) | $656M | 1.2x | ||
| Publicly listed | $169M | ($19M) | $441M | - |
Chili Piper Public Comps
Chili Piper is still privately-owned, but its public comps include Sprout Social, Quadient, Beijing Quanshi World, Weimob, Nordtech Group, Lime Technologies, AnyMind Group, Rezolve AI, Sidetrade and Coveo Solutions.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $458M | ($31M) | 1.3x | 1.2x | (18.6x) | 8.1x | |||
| $1.2B | $100M | 1.1x | 1.1x | 12.8x | 4.8x | |||
| $169M | ($19M) | 2.3x | - | (20.8x) | - | |||
| $237M | ($10M) | 2.1x | 1.9x | (51.7x) | 25.0x | |||
| $72M | $15M | 5.1x | - | 25.2x | - | |||
| $75M | $23M | 4.5x | 4.1x | 14.6x | 13.2x | |||
| $368M | $12M | 1.0x | 0.7x | 30.8x | 10.5x | |||
| $47M | ($109M) | 23.3x | 4.0x | (10.0x) | (19.3x) | |||
This data is available for Pro users. Sign up to see all Chili Piper competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Chili Piper
| When was Chili Piper founded? | Chili Piper was founded in 2016. |
| Where is Chili Piper headquartered? | Chili Piper is headquartered in New York City, NY, United States. |
| Is Chili Piper publicly listed? | No, Chili Piper is a private, VC-backed company. |
| What is Chili Piper's valuation? | Chili Piper was last valued at $625M in its Series B in April 2021. |
| How much funding has Chili Piper raised? | Chili Piper has raised $54M across 3 funding rounds. |
| What was Chili Piper's last funding round? | Chili Piper's last funding round was a $33M Series B in April 2021, led by Tiger Global. |
| Who are Chili Piper's investors? | Chili Piper's investors include Flashpoint, Gradient, Base10 Partners and Tiger Global. |
| What is Chili Piper's revenue? | Chili Piper's latest recorded revenue is $18M (April 2021). |
| What is Chili Piper's revenue multiple? | Chili Piper's latest valuation implies a 34.7x revenue multiple ($625M valuation on $18M of revenue). |
| Which companies are comparable to Chili Piper? | Companies comparable to Chili Piper include Postscript, Sendoso, Alembic, Affinity, Sprout Social and Beijing Quanshi World. |
| How many companies has Chili Piper acquired? | Chili Piper has acquired 1 company, including KosmoTime. |
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