IvyCap Ventures, Sequoia's Surge invests $4 million in Convosight raised

Community management platform Convosight raised $4 million in Pre-Series A from IvyCap Ventures, & Sequoia Capital's accelerator fund Surge. Convosight helps admins and brands to create, moderate, grow & leverage communities by using data analytics & machine learning, It currently provides a product suite that enables Facebook group admins to track growth trends and conversation insights, control spam & manage content through smart recommendations. Claims that its product is being used by 2500+ communities with 30 million+ members across the world. This includes Fortune 100 companies such as Nestle, J&J, Reckitt Benckiser, P&G, and Abbott.

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