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Chameleon Raises $13 Million Series A To Improve Saas Product Adoption And Usage With Personalized User Experiences

PRIVATESep 14, 2022

Amount Raised

$13 Million

Round Type

Series A

San FranciscoSoftwareEnterprise SoftwareSaaS

Description

Chameleon, the deepest product adoption platform for modern software companies, today announced $13 million in Series A funding to help SaaS companies personalize and customize their UX, and thereby improve feature discovery and user engagement. The round was led by Matrix Partners, with General Partner Ilya Sukhar joining the board of directors. Previous investor True Ventures and operators including Kevin Wang (SVP Product at Braze) and Kevin Mahaffey (Co-founder at Lookout) also participated in the round. Funds will be used to scale the team to meet demand and develop new products and features.

Quick answer

Chameleon raised $13 Million in a Series A round, dated September 14, 2022. Chameleon is based in San Francisco, California, United States.

How much did Chameleon raise?
Chameleon raised $13 Million in a Series A round on September 14, 2022.
What does Chameleon do?
Chameleon is the deepest product adoption platform built to enable modern software companies to personalize and customize their UX.
Where is Chameleon based and how big is it?
Chameleon is based in San Francisco, California, United States.

Source: Fundz verified event record.

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Company Information

Company

Chameleon

Location

San Francisco, California, United States

About

Chameleon is the deepest product adoption platform built to enable modern software companies to personalize and customize their UX. Its no-code Builder allows teams to quickly and easily create, deploy, test, and iterate in-product experiences such as banners, tooltips, modals, walkthroughs, checklists, and more. The remote-first company was co-founded by its CEO Pulkit Agrawal and its CTO Brian Norton, and its growing team spans 11 countries. Chameleon has served over 100 million users to date and shown greater than 150 million experiences, and it publishes an annual report of statistical benchmarks and insights on in-product experiences. The company is headquartered in San Francisco, California. Learn more at www.chameleon.io.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Chameleon raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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