Postscript, the Los Angeles-based marketing technology company has announced securing $4.5 million in Series A financing from a clutch of investors that includes Y Combinator, Accomplice, 1984vc, and Ali Capital. Notably, Y Combinator had already signed a cheque worth $150K earlier in the year.
The money also comes from a few top entrepreneurs like Paul English (founder of Kayak), Kevin Hale (founder of Wufoo), Mathilde Collin (founder of Front), Andrew Bialecki (founder of Klaviyo), Elias Torres (founder of Drift), and Eric Rea and Dennis Steele (founders of Podium).
Founded in 2018 by Adam Turner, Alex Beller, and Colin Turner, Postscript helps e-commerce companies, mainly Shopify connect with their customers over SMS. The plugin aimed at Shopify allows the store owners to run SMS marketing campaigns with interested customers. The firm counts names like Native, Brooklinen, StackCommerce, Frey, Oars + Alps, and Olivers among their 500+ customers.
Accomplice's lead investor TJ Mahoney commenting on the funding said, "Every year text messaging occupies a larger percentage of personal communication. The same shift towards messaging is just beginning between brands and their customers. With their leading platform and focus on the end user’s messaging experience, Postscript is in a unique position to help e-commerce businesses grow. We're excited to partner with the Postscript team to build a category-defining company in this space."
Paul English, one of the angles who have invested in this round said that "The Postscript team has taken a product-first approach to a gigantic, fast-growing market, and the growth speaks for itself. They have outstanding founder/product/market fit, and I believe what they’re building will be an essential part of any e-commerce company’s marketing stack. I’m proud to support them in this round.”
So, if you own a store on Shopify or any other e-commerce platform, do check out Postscript.
Image Courtesy : Postscript, PYMNTS