Startup profile for ActiveCampaign: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.
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ActiveCampaign funding, valuation and investors

Chicago customer experience automation platform — email, CRM, and omnichannel marketing for SMBs and mid-market.

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Funding, valuation & investors

Answer-first snapshot

Latest funding

Series C

$240M · April 2021

Latest known valuation

Not publicly disclosed

Total disclosed equity funding

$360M

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

private

growth · Chicago, Illinois

Investors in latest funding

Lead: Tiger Global Management

Other: Dragoneer Investment Group , Susquehanna Growth Equity

Sources: latest funding Last verified: 2026-07-29

Overview

ActiveCampaign provides cloud SaaS for customer experience automation: email marketing, marketing automation, CRM, SMS/WhatsApp messaging, and sales engagement. Founded in Chicago in 2003 by Jason VandeBoom, the company bootstrapped until a $20M Series A from Silversmith Capital Partners in 2016, followed by $100M Series B (Susquehanna Growth Equity, Jan 2020) and $240M Series C led by Tiger Global (Apr 2021) at a $3B+ valuation. Public reporting cited ~$165M ARR at Series C and 850+ employees globally with offices in Dublin, Kraków, Florianópolis, and Heredia.

Why ActiveCampaign is interesting

Bootstrapped for 13 years before taking VC — Jason VandeBoom's $240M Series C (Apr 2021, Tiger Global) valued the company above $3B and made it Chicago's largest private SaaS company by that measure, with 145k+ customers in 170 countries.

Key facts

  • Series C (Apr 2021): $240M led by Tiger Global; valuation $3B+ — Built In Chicago
  • HQ 1 N Dearborn St, Chicago — largest private SaaS company in Chicago per 2021 press
  • 145,000+ customers in 170 countries; generative AI features added 2023
  • Bootstrapped 2003–2016 before first institutional round ($20M Series A, Silversmith)

Funding history (newest first)

Series C

2021-04 $240M
  • Tiger Global Management (lead)
  • Dragoneer Investment Group (participant)
  • Susquehanna Growth Equity (participant)

Source: https://www.builtinchicago.org/articles/activecampaign-3b-valuation-240m-series-c-hiring

Series B

2020-01 $100M
  • Susquehanna Growth Equity (lead)

Series A

2016 $20M
  • Silversmith Capital Partners (lead)

Industries

enterprise-saas ai-ml

Market / IPO context

Editorial / static context — not a live quote.

Related funding articles

Venture Capital Tracker pieces that cover ActiveCampaign's financing or category context.

FAQs about ActiveCampaign

Practical answers founders, operators, and investors typically search for.

Chicago, Illinois — 1 North Dearborn Street, 5th Floor. Additional offices in Dublin, Kraków, Florianópolis, and Heredia.
Approximately $360M across three venture rounds (Series A 2016, Series B 2020, Series C 2021). The company bootstrapped for its first 13 years.
Proof that Midwest B2B SaaS can reach unicorn-scale valuation without relocating HQ — useful comps slide for enterprise software pitches to Chicago Ventures, HPVP, or national growth funds.
Founder Jason VandeBoom remains CEO per public company materials.
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By Venture Capital Tracker

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Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.