Freshworks raised $85 mn From Steadview Capital

Indian SaaS unicorn Freshworks has raised $85 Mn From Steadview Capital Management in Series H led by Sequoia Capital, CapitalG, and Accel.

Freshworks said the funding will be utilised to create a more cohesive SaaS platform for all key business verticals — marketing, sales, support and customer success.

Freshworks claims to have over 150K clients across the globe which includes leading companies such as the NHS, Honda, Rightmove, Hugo Boss, Citizens Advice, Toshiba, Cisco, and others.It also has closed to 35K paying customers and its billings in the first quarter of the financial year 2020 increased by 69%.

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