MoEngage Raises $280M Series F Funding
MoEngage announced on Dec. 17, 2025 that it raised an additional $180 million in its Series F, bringing the total to $280 million, led by ChrysCapital and Dragon Funds with participation from Schroders Capital, TR Capital and B Capital. The company said it will use the capital to accelerate its Merlin AI suite, scale go-to-market teams in North America and EMEA, explore strategic acquisitions, and completed a $15 million employee tender benefiting 259 current and former employees.
Key Points
- 1Raises $280M total Series F led by ChrysCapital and Dragon Funds for global expansion
- 2Accelerates Merlin AI and global go-to-market expansion across North America, EMEA, ANZ, and SEA
- 3Enables product and marketing teams to unify data, trigger personalized omnichannel experiences, improve retention
Scoring Rationale
Significant funding and official backing supports AI-led expansion, but limited technical novelty and narrow martech focus.
Sources
Public references used for this report.
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