
Hightouch, the leading data and AI platform for marketing and personalization, has raised an $80 million Series C at a valuation of $1.2 billion. The round was led by Rajeev Dham at Sapphire Ventures, with participation from NVC, ICONIQ Growth, Amplify Partners, Bain Capital Ventures, and Y Combinator.
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The investment will help drive adoption of the companyās AI Decisioning product, which allows marketers to simply identify a business goal and then lets AI agents deliver the optimal 1:1 marketing experiences that will achieve that goal. AI Decisioning and Hightouchās original Composable CDP product have enabled the company to more than double revenue in the last year and to add numerous enterprise customers like PetSmart, Spotify, and Accor Hotels.
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āWeāve talked about 1:1 personalization for years, but itās not possible with the way marketers work today. Everything is too slow, too manual, and usually results in customers receiving a blizzard of irrelevant communications,ā said Tejas Manohar, cofounder and co-CEO at Hightouch. āOur vision is to use AI to help marketers break free of manual work. Instead of building rigid calendars and static journeys that are inherently impersonal, marketers can simply enter goals like ādrive repeat purchases and subscriptionsā and let AI agents decide what to do next at a 1:1 level. Itās a reimagining of the job of being a marketer.ā
āHightouch is a key part of our strategy for connecting and building loyalty with our pet parents,ā said Bradley Breuer, Vice President of Marketing, Loyalty, CRM, and Insights at PetSmart. āWe have more than 70 million Treats Rewards members in our loyalty program and use AI Decisioning to personalize marketing communications for each of our members, making their experience more meaningful, while supporting growth for our business.ā
AI Decisioning is a neutral technology that works with all existing enterprise data and marketing platforms. It can sit on top of any data warehouse or CDP and trigger actions across any marketing or digital platform, including Salesforce, Adobe, Iterable, and Braze.
āOur platform uses a combination of reinforcement learning and other models to decide the best message, channel, and timing for each customer. We automatically run high-scale experiments to learn what marketing message is most relevant to each consumer, and weāre quickly adding support for more channels like in-app experiences, advertising, and offer management,ā said Kashish Gupta, cofounder and co-CEO at Hightouch. āThe top use case weāre seeing is driving loyalty and frequency of purchase. Itās harder than ever for brands to be relevant, and we believe agentic marketing is the solution.ā
The investment will be used to hire engineering, product, and go-to-market talent that will support enterprise adoption of the Hightouch Composable CDP as well as accelerate AI Decisioning development and deployment among Fortune 500 enterprises.
About Hightouch
Hightouch is the leading Composable CDP and AI Decisioning Platform that empowers companies to activate their data warehouse to power personalized marketing and business operations. Trusted by leading brands like Autotrader, Spotify, Cars.com, Grammarly, and PetSmart, Hightouch enables anyone to deliver personalized customer experiences, optimize performance marketing, and move faster by leveraging data and AI across their organization.