SMS engagement firm Community nabs $25M

 

SMS engagement company Community announced it raised $25M with participation from Salesforce Ventures, HubSpot, and Verizon, among others.   The startup plans to use the funds to "expand operations and business reach." The startup's clients include the New York Knicks, Utah Jazz, Golden State Warriors, and the PGA Tour. Community claims its SMS management leads to 2x ticket sales and 10x more engagement than social media and email. The company was founded by Guy Oseary, Ashton Kutcher, and Josh Rosenheck in 2019 and has raised a total of $65.2M since its inception. Community previously raised a $40M round in Apr. 2021 with participation from Twilio and Live Nation Entertainment, among others.