Wednesday, 13 October 2021 00:16

US$14.1 million capital raising to fund LeapXpert growth, international expansion Featured

By Staff Writer
Dima Gutzeit, Founder and CEO of LeapXpert Dima Gutzeit, Founder and CEO of LeapXpert

Communications and messaging platform provider LeapXpert has successfully closed its Series A funding round, raising a total of US$14.1 million to date.

LeapXpert says the proceeds from the Series A will be used to expand its team, support the company’s growth, increase product development and accelerate international expansion.

The investment has been led by LingFeng Capital and Summer Capital, together with four other international investors.

Dima Gutzeit, Founder and CEO of the Hong Kong-headquartered LeapXpert, said, “LeapXpert has changed the way that enterprises communicate. Our platform allows front-office employees to embrace consumer messaging applications safely, securely and in compliance with all regulatory guidelines.

“Our platform offers enterprises a seamless, scalable and secure way to communicate with their customers over the channel that they prefer while adhering to their regulatory and governance mandates.

“Enterprises can no longer ignore the rise of messaging applications as a method of business communication. Instead, they must embrace them.

“The proceeds from our Series A will allow us to accelerate our growth and maintain our leadership of the conversational solutions industry.”

Avi Pardo, co-founder and COO of LeapXpert, said, “LeapXpert is growing at a fast pace – we are already serving customers in 45 countries across the globe and have tens of thousands of active users. Our Series A funding enables us to continue driving the transformation of the industry and expand our award-winning solution reach to customers and partners around the world. 

“As part of this growth and to better service our global customer base, LeapXpert will be opening offices in the UK, US, Singapore and Japan.”

“This investment is a clear signal that our industry is changing the way that enterprises do business and that LeapXpert is leading the charge,” said Rina Charles, co-founder and Head of Investment of LeapXpert.

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