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Contentful Acquisition, Valuation, Funding & Investors
Contentful was acquired by Salesforce for $1.3B in June 2026.
Contentful revenue
$75M
Series F · Jul 2021
Cumulative funding Contentful raised
$333M
across 7 funding rounds
Key investors in Contentful
Balderton Capital
Benchmark
Point Nine
General Catalyst
Salesforce Ventures
Sapphire Ventures
About Contentful
Contentful is a Berlin-headquartered headless content management system powering digital experiences. The platform serves 30% of Fortune 500 companies including Chanel, Shopify, and BP, unifying content delivery across websites, apps, and IoT devices. Contentful integrates with 500+ tools via APIs, enabling omnichannel strategies for global brands.
Founded
2013
HQ
Website
Status
Acquired
Customer focus
B2B
Revenue model
Subscription
Revenue
$75M (Jul 2021)
Valuation
$3B (Jul 2021)
Contentful Acquisition
Contentful was acquired by Salesforce for $1.3B on 1 June 2026.
Before the acquisition Contentful had raised $333M across 7 funding rounds.
Salesforce signed a definitive agreement to acquire Contentful in June 2026; the financial terms were not disclosed in the announcement. Reporting around the deal suggests a transaction value of about USD 1,000 million to USD 1,500 million, but this was not confirmed by Salesforce. Contentful had previously been valued at over USD 3,000 million in its 2021 funding round, and the deal is expected to close in Salesforce’s fiscal Q3 2027 subject to regulatory approvals. Strategically, Salesforce said the acquisition expands its content capabilities for Agentforce and its broader Customer 360 platform by adding a composable, API-first content layer used by more than 4,800 brands. Third-party coverage says Contentful is used by nearly 30% of the Fortune 500 and that its product focus is headless CMS and digital experience delivery across web, mobile, and emerging channels. The transaction is described as part of Salesforce’s push to strengthen AI-enabled content operations, though the sources provided do not disclose revenue, EBITDA, or deal multiples for Contentful. Contentful was founded in Berlin in 2013 by Sascha Konietzke and Paolo Negri and has offices in Berlin, Denver, London, New York, and San Francisco. The company has raised roughly USD 337 million to just under USD 350 million across five funding rounds, including a USD 175 million Series F in 2021 led by Tiger Global, which valued it at over USD 3,000 million.
| Acquirer | Date | Type | Price |
|---|---|---|---|
| 1 Jun 2026 | Strategic M&A | $1.3B |
Sources: digitalapplied.com, siliconrepublic.com
Contentful Valuation
Contentful is currently valued at $3B, based on its Series F in July 2021.
The $175M round was led by Tiger Global, with participation from Base10’s Advancement Initiative and Tidemark.
Contentful's valuation has grown 3.0x from $1B at its Series E in June 2020 to $3B in July 2021, across 2 priced rounds.
Contentful valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jul 2021 | Series F | $3B | 40.0x |
| Jun 2020 | Series E | $1B | - |
Contentful Revenue
Contentful's latest recorded revenue is $75M, as of its Series F in July 2021. At a $3B valuation, that implies a 40.0x revenue multiple.
Contentful revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Jul 2021 | $75M | $3B | 40.0x | Series F |
* 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.
Contentful Funding History
Contentful has raised a total of $333M across 7 funding rounds.
Contentful's first fundraising round was a $800K seed round in June 2013. The most recent completed round was a $175M Series F in July 2021.
Contentful funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jul 2021 | Series F | Tiger Global (lead); Base10’s Advancement Initiative; Tidemark | $175M | $3B | Contentful is a headless content management system (CMS) that provides APIs for delivering content like images and text to applications and websites globally, serving midmarket, enterprise, and venture-backed startup customers. On July 28, 2021, it raised $175 million in a Series F round led by Tiger Global, with participation from Base10’s Advancement Initiative and Tidemark, at a $3 billion valuation. The funding aims to expand market presence and product development amid growing digital content needs, with 30% of Fortune 500 companies as customers. At the time of the round, Contentful had around 600 employees across hubs in Denver, Berlin, and San Francisco, planning to double headcount over the next two years. The company reported present-day ARR between $75 million and $100 million, positioned in a fertile market driven by digital transformation and developer-first approaches. Prior rounds included a Series E approaching $1 billion valuation and earlier stages at roughly $550 million. Contentful's platform emphasizes speed, scale, and integration with development tools via open APIs, creating switching costs through deep API coupling in enterprise workflows. It uses tiered subscription pricing scaling with API usage and features like localization and personalization, processing billions of API calls monthly in later years. |
| Jun 2020 | Series E | Sapphire Ventures (lead); Salesforce Ventures; General Catalyst; Four Rivers Group; Wittington Ventures; Benchmark; OMERS Ventures | $80M | $1B | Contentful is a Berlin-based provider of a cloud-native, API-first headless content management system (CMS) that enables developers, designers, and content creators to build and deliver digital experiences across websites, mobile apps, wearables, and other channels. The platform integrates with third-party services like Cloudinary, Commercetools, and Smartling, and supports a community of over 400,000 developers. At the time of the Series E announcement, 28% of the Fortune 500 and 2,200 paying customers, including Spotify, ITV, British Museum, Telus, Urban Outfitters, and Jack in the Box, used Contentful. The company reported revenue roughly doubling each year for the past four years leading up to June 2020. On June 17, 2020, Contentful raised $80 million in a Series E funding round led by Sapphire Ventures, which also led the prior Series D in 2018, with participation from General Catalyst, Salesforce Ventures, and five other new and existing investors including Benchmark, Four Rivers Group, OMERS Ventures, and Wittington Ventures. This brought total funding to $158 million. The funding aimed to accelerate go-to-market efforts, R&D for adjacent customer problems, and scaling amid surging digital demand during the COVID-19 pandemic, which increased reliance on digital channels. Contentful hired Bridget Perry, former Adobe marketing leader for Europe, Middle East, and Africa, as its new CMO to support these initiatives. The company maintained full business continuity by transitioning to fully remote operations early in the crisis, with nearly 400 employees across Berlin, San Francisco, and globally. Contentful differentiates from legacy CMS suites by offering agility for omnichannel content delivery, disrupting traditional systems siloed for web-only use. Investors highlighted the team's progress and market opportunity despite pandemic fears, with Sapphire Ventures emphasizing the platform's scalability for integrating hundreds of tools. |
| Dec 2018 | Series D | Sapphire Ventures (lead); Salesforce Ventures; General Catalyst; Balderton Capital; Hercules Capital; Benchmark; OMERS Ventures | $34M | - | Contentful is a Berlin- and San Francisco-based provider of a headless content management system (CMS) that enables organizations to deliver content across multiple channels and devices more efficiently than traditional CMS platforms. The company serves customers including Spotify, Nike, Lyft, Urban Outfitters, and Jack In The Box, with a primary focus on Europe and North America, which accounted for about 80% of its customers at the time. Founded in 2013, Contentful had raised a total of $78.3 million prior to its Series D round announced on December 6, 2018. The Series D round raised $33.5 million, led by Sapphire Ventures, with participation from OMERS Ventures, Salesforce Ventures, and existing investors General Catalyst, Benchmark, Balderton Capital, and Hercules Capital. CEO Sascha Konietzke noted that the raise was opportunistic amid economic uncertainty, despite sufficient cash reserves from the prior Series C round less than a year earlier. The funding aimed to strengthen ties with enterprise players like SAP and Salesforce while supporting expansion, though the company planned to maintain focus on core regions initially. Following the Series D, Contentful continued its growth trajectory, raising an $80 million Series E round in June 2020, again led by Sapphire Ventures with participation from General Catalyst and Salesforce Ventures, bringing total funding to $158 million. At that stage, the company was nearing a $1 billion valuation and had seen revenue roughly double annually for the prior four years, though specific 2018 figures were not disclosed. The Series E funding supported global expansion into regions like Latin America, Southeast Asia, and Japan, alongside product development. Contentful's platform evolved from a developer-focused tool to one targeting larger enterprise accounts, positioning it as a 'Stripe for content management' in the shift to agile, platform-based content delivery. Later rounds included a $175 million Series F in July 2021 at approximately $3 billion valuation, led by Tiger Global, reflecting sustained investor interest in its headless CMS model amid rising demand for digital experience platforms. |
| Dec 2017 | Series C | General Catalyst (lead); Heavybit; Balderton Capital; Point Nine; Benchmark | $28M | - | Contentful, a Berlin-based headless content management system (CMS) founded in 2014 by Sascha Konietzke and Paolo Negri, raised $28 million in a Series C funding round in December 2017 led by General Catalyst, with participation from existing investors Benchmark Capital, Balderton Capital, and Point Nine Capital. This brought total funding to $45 million. The company positions itself as a modern API-first platform for digital teams to manage and deliver content across websites, mobile apps, and devices, targeting developers and content creators frustrated with traditional page-centric CMS like WordPress. At the time, Contentful had 130,000 developers using its freemium platform, thousands of paying customers including Uber, Lyft, Samsung, Spotify, WeWork, Telus, Oscar, and agencies like R/GA, AKQA, and Huge, with 60-70% of business from the US despite Berlin roots. The team numbered around 140 employees, planning to expand to 190. Proceeds were earmarked for product development like CMS extensions, hiring, US expansion with a San Francisco headquarters, scaling solution engineering, growing the partner and developer ecosystem, and supporting enterprise customers. General Catalyst's involvement highlighted Contentful's potential as a key B2B2C infrastructure provider akin to Stripe. Later rounds included a Series D ($33.5M, Dec 2018) and Series E ($80M, ~2020) approaching unicorn status, and Series F ($175M at over $3B valuation, 2021). |
| May 2016 | Series B | Benchmark (lead); Balderton Capital; Point Nine; Trinity Ventures | $13M | - | Contentful raised $13 million in a funding round on May 26, 2016, led by Benchmark with participation from Trinity Ventures, Balderton Capital, and Point Nine Capital. The Berlin-based company provides an API-first content management system (CMS) designed for developers and marketers to deliver content to various devices beyond desktop. The funding supported the opening of a new office in San Francisco, as most of its software sales were already in the US. Balderton Capital highlighted Contentful's strong product, team, and investor backing, positioning it as the CMS of the future. |
| Dec 2013 | Series A | Balderton Capital (lead); SaaSgarage; Point Nine | $3M | - | Contentful is a Berlin-based company founded in 2011 that provides an API-first content management system for delivering digital experiences across websites, mobile apps, digital displays, and connected devices. Balderton Capital led Contentful's Seed round in 2012 and Series A in 2013. The 2013 Series A investors included Balderton Capital and Point Nine Capital, though specific round size and valuation details are not available in sources. Contentful has raised multiple subsequent rounds, including a Series B of $13 million led by Benchmark Capital with participation from Trinity Ventures, Balderton Capital, and Point Nine Capital to expand in the U.S. Later rounds include $33.5 million Series D with Sapphire Ventures and others, $80 million Series E led by Sapphire Ventures bringing total funding to $158 million at the time, and $175 million Series F led by Tiger Global valuing the company over $3 billion. |
| Jun 2013 | Seed | Balderton Capital (lead); SaaSgarage; Point Nine | $800K | - | - |
Who has invested in Contentful?
16 investors have backed Contentful across its funding rounds, including Balderton Capital, Benchmark, Point Nine, General Catalyst, Salesforce Ventures and Sapphire Ventures.
Lead investors include Tiger Global, Sapphire Ventures, General Catalyst, Benchmark and Balderton Capital.
Contentful Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 5 | Lead | Jun 2013 | ||
| 4 | Participant | Jun 2013 | ||
| 4 | Lead | May 2016 | ||
| 3 | Lead | Dec 2017 | ||
| 2 | Participant | Dec 2018 | ||
| 2 | Participant | Jun 2013 | ||
| 2 | Participant | Dec 2018 | ||
| 2 | Lead | Dec 2018 | ||
| 1 | Participant | Dec 2017 | ||
| 1 | Participant | Jul 2021 | ||
| 1 | Participant | Jun 2020 | ||
| 1 | Participant | Jun 2020 | ||
| 1 | Participant | Dec 2018 | ||
This data is available for Pro users. Sign up to see all 16 Contentful investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by Contentful
Contentful has acquired 1 company to date.
Last acquisition by Contentful was on August 20th 2024. Contentful acquired Ninetailed for undisclosed valuation.
Latest Acquisitions by Contentful
| Description | Ninetailed is a Berlin-based personalization engine for e-commerce APIs. Integrates with Shopify and Commercetools to deliver real-time content variants based on user behavior. Features A/B testing for product recommendations and GDPR-compliant data handling. Serves European retailers like Zalando. |
| HQ Country | |
| HQ City | Berlin |
| Deal Date | 20 Aug 2024 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Contentful acquisitions and their M&A valuation multiples. Start Free Trial | |
Contentful Competitors
Contentful competitors include listed companies like Vobile and Justsystems, and private ones like Substack, Tezign, Typeface and Pantheon.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $50M | - | $1.1B | 22.0x | ||
| Private | - | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $366M | $63M | $976M | 2.6x | ||
| Publicly listed | $331M | $156M | $1.8B | 3.2x | ||
| Private | - | - | $2B | - |
Contentful Public Comps
Contentful is no longer listed, but its public comps include cyber_Folks, Vobile, Ireader, Foxit Software, Justsystems, Yext, Objective Corp., Shanghai Wondertek, cBrain and Fabasoft.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $226M | $72M | 5.1x | 4.3x | 16.1x | 13.0x | |||
| $366M | $63M | 3.1x | 2.6x | 18.0x | 20.1x | |||
| $484M | ($16M) | 2.7x | 3.5x | (81.1x) | - | |||
| $159M | $13M | 3.4x | 3.0x | 39.8x | 19.8x | |||
| $331M | $156M | 3.1x | 3.2x | 6.7x | - | |||
| $447M | $80M | 1.7x | 1.7x | 9.4x | 6.1x | |||
| $85M | $33M | 4.1x | 3.7x | 10.9x | 10.1x | |||
| $38M | $3M | 7.2x | - | 80.9x | - | |||
This data is available for Pro users. Sign up to see all Contentful competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Contentful
| When was Contentful founded? | Contentful was founded in 2013. |
| Where is Contentful headquartered? | Contentful is headquartered in Berlin, Germany. |
| Is Contentful publicly listed? | No, Contentful was acquired by Salesforce in June 2026. |
| Who acquired Contentful? | Contentful was acquired by Salesforce in June 2026. |
| How much was Contentful acquired for? | Contentful was acquired for $1.3B in June 2026. |
| What is Contentful's valuation? | Contentful was last valued at $3B in its Series F in July 2021. |
| How much funding has Contentful raised? | Contentful has raised $333M across 7 funding rounds. |
| What was Contentful's last funding round? | Contentful's last funding round was a $175M Series F in July 2021, led by Tiger Global. |
| Who are Contentful's investors? | Contentful's investors include Balderton Capital, Point Nine, Benchmark, General Catalyst, Salesforce Ventures, SaaSgarage, OMERS Ventures, Sapphire Ventures, Heavybit, Base10’s Advancement Initiative and 6 others. |
| What is Contentful's revenue? | Contentful's latest recorded revenue is $75M (July 2021). |
| What is Contentful's revenue multiple? | Contentful's latest valuation implies a 40.0x revenue multiple ($3B valuation on $75M of revenue). |
| Which companies are comparable to Contentful? | Companies comparable to Contentful include Substack, Tezign, Typeface, Vobile, Justsystems and Pantheon. |
| How many companies has Contentful acquired? | Contentful has acquired 1 company, including Ninetailed. |
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