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

Chili Piper Overview

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

United StatesNew York City, NY

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

Chili Piper valuation by funding round
DateStageValuationRevenue Multiple
Apr 2021Series B$625M34.7x

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

Chili Piper revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Apr 2021$18M$625M34.7xSeries 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

Chili Piper funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Apr 2021Series BTiger Global (lead); Gradient; Base10 Partners$33M$625MChili 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 2020Series ABase10 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 2019SeedFlashpoint (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

Investors in Chili Piper by funding rounds participated
InvestorHQRoundsRoleFirst check
FlashpointUnited KingdomLondon2LeadApr 2019
GradientUnited StatesSan Francisco, CA2ParticipantAug 2020

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Acquisitions 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

KosmoTime
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 CountryUnited States
HQ City
New York City, NY
Deal Date24 Aug 2022
Valuationundisclosed
EV/Revenue
EV/EBITDA

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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.

Public and private companies comparable to Chili Piper
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
PostscriptUnited StatesPhoenix, AZPrivate$39M-$636M16.3x
SendosoUnited StatesSan Francisco, CAPrivate--$640M-
AlembicUnited StatesSan Francisco, CAPrivate--$645M-
AffinityUnited StatesSan Francisco, CAPrivate--$600M-
Sprout SocialUnited StatesUnited StatesPublicly listed$458M($31M)$656M1.2x
Beijing Quanshi WorldChinaChinaPublicly 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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Sprout Social$458M($31M)1.3x1.2x(18.6x)8.1x
Quadient$1.2B$100M1.1x1.1x12.8x4.8x
Beijing Quanshi World$169M($19M)2.3x-(20.8x)-
Weimob$237M($10M)2.1x1.9x(51.7x)25.0x
Nordtech Group$72M$15M5.1x-25.2x-
Lime Technologies$75M$23M4.5x4.1x14.6x13.2x
AnyMind Group$368M$12M1.0x0.7x30.8x10.5x
Rezolve AI$47M($109M)23.3x4.0x(10.0x)(19.3x)

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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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