Companies · Other Technology

MoEngage, Inc.

SAN FRANCISCO · Other Technology

Diligence memoA one-page analyst read on MoEngage, Inc. — recommendation, valuation, rhythm, risks.
$172.2M
Total raised · real
6
Rounds
2.6×
Latest step-up
Top 3%
Sector rank · raised
Series C
Latest stage · inferred · Thu May 19 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

MoEngage, Inc. looks over-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the technology sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Over-valued
  • Modeled value is 2.05× the median modeled value of Series C Other Technology companies in 2022–2024 (187 peers) — value vs value, same stage and era.
Dormant
  • Last raise 4.1 yr ago; this sector typically re-raises about every 13 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Technology

MoEngage, Inc. is one of 21292 Other Technology companies tracked from SAN FRANCISCO. By capital raised it ranks among the largest (ahead of 98% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
11
Investors (latest)
2022-05-19
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$500M$1.0B$1.5B$2.0BSeed · 2015-08-27 Raised $2.6M (real) Modeled valuation $88M (est)Seed2015Seed · 2015-08-27 Raised $2.7M (real) Modeled valuation $90M (est)Seed2015Seed · 2016-11-21 Raised $2.6M (real) Modeled valuation $89M (est)Seed2016Series A · 2018-11-01 Raised $8.8M (real) Modeled valuation $245M (est)Series A2018Series B · 2020-01-28 Raised $24M (real) Modeled valuation $739M (est)Series B2020Series B · 2021-07-26 Raised $30M (real) Modeled valuation $623M (est)Series B2021Series B · 2021-07-26 Raised $30M (real) Modeled valuation $623M (est)Series B2021Series B · 2021-11-18 Raised $30M (real) Modeled valuation $555M (est)Series B2021Series C · 2022-05-19 Raised $77M (real) Modeled valuation $1.4B (est)Series C2022+$2.7M+$2.6M+$8.8M+$24M+$30M+$30M+$30M+$77MCumulative $207M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$2.6M · 2015
Seed extension$2.7M · 2015
Seed extension$2.6M · 2016
Series A$8.8M · 2018
Series B$24.2M · 2020
Series B extension$29.8M · 2021
Series B extension$29.8M · 2021
Series B extension$29.6M · 2021
Series C$77.1M · 2022

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 80%.

Modeled valuation trajectory
$1.4B
Base estimate est.
$292.2M
Conservative case
$2.8B
Upside case
$514.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Seed · modeled $88.1M · 2015-08-272015Seed · modeled $90.5M · 2015-08-27Seed · modeled $89.1M · 2016-11-21Series A · modeled $244.9M · 2018-11-01Series B · modeled $738.5M · 2020-01-28Series B · modeled $623.4M · 2021-07-26Series B · modeled $623.4M · 2021-07-26Series B · modeled $555.1M · 2021-11-18Series C · modeled $1.4B · 2022-05-192022
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
76%
Survival probability
57% low · 88% high
1.35×/yr
Annual markup
1.55×/yr upside case
4.1 yr
Elapsed time used
4.1 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
10 mo
Avg between rounds
$25.6M/yr
Capital velocity
10.8 yr
On record since
2015
First round
9
Rounds on file
How it compares to the market

Benchmarked against 21292 companies in Other Technology. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 54× above median
This company$172.2M
Sector median$3.2M
Latest round — vs other Series C rounds in sector (real $, this stage) 1.5× above median
This company$77.1M
Sector median$50.0M
Modeled value — vs sector median (estimate, all stages) 37× above median
This company$1.4B
Sector median$37.3M

Raised more than 98% of sector peers (real $). Modeled value above 97% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #9 of 187.

This companyCohort peer
$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)LinkSquares, Inc. · Series C Raised $160.2M · modeled $1.9B (est)Semperis Ltd. · Series C Raised $130.0M · modeled $1.8B (est)Veev Group, Inc. · Series C Raised $94.5M · modeled $1.8B (est)GPI Acquisitions, Inc. · Series C Raised $175.0M · modeled $1.7B (est)DVX Ventures LLC · Series C Raised $119.8M · modeled $1.5B (est)Ncr Corp · Series C Raised $73.7M · modeled $1.5B (est)RelationalAI, Inc. · Series C Raised $74.0M · modeled $1.4B (est)Nantero Inc · Series C Raised $172.9M · modeled $1.4B (est)H2scan Corp · Series C Raised $83.2M · modeled $1.4B (est)ITsavvy Holdings, LLC · Series C Raised $81.4M · modeled $1.4B (est)Coherent Group Inc. · Series C Raised $74.0M · modeled $1.3B (est)MoEngage, Inc. (this company) Raised $172.2M · modeled $1.4B (est)MoEngage, Inc.
CompanyStageRaised · realValue · estvs peer med.
LinkSquares, Inc.Series C$160.2M$1.9B2.80×
Semperis Ltd.Series C$130.0M$1.8B2.74×
Veev Group, Inc.Series C$94.5M$1.8B2.71×
GPI Acquisitions, Inc.Series C$175.0M$1.7B2.47×
DVX Ventures LLCSeries C$119.8M$1.5B2.27×
Ncr CorpSeries C$73.7M$1.5B2.19×
RelationalAI, Inc.Series C$74.0M$1.4B2.07×
Nantero IncSeries C$172.9M$1.4B2.06×
MoEngage, Inc. this companySeries C$172.2M$1.4B2.05×
H2scan CorpSeries C$83.2M$1.4B2.03×
ITsavvy Holdings, LLCSeries C$81.4M$1.4B2.03×
Coherent Group Inc.Series C$74.0M$1.3B2.02×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$2.6M2015-08-27$12.9M$88.1M85%
Seed$2.7M2015-08-27$13.3M$90.5M85%
Seed$2.6M2016-11-21$13.1M$89.1M90%
Series A$8.8M2018-11-01$40.1M$244.9M90%
Series B$24.2M2020-01-28$134.7M$738.5M90%
Series B$29.8M2021-07-26$165.5M$623.4M90%
Series B$29.8M2021-07-26$165.5M$623.4M90%
Series B$29.6M2021-11-18$164.6M$555.1M90%
Series C$77.1M2022-05-19$514.0M$1.4B90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$2.6M2015-08-27
    • First recorded raise — entered as Seed.
    • 2 investors on this round.
  2. Seed$2.7M2015-08-27
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 6 investors on this round.
  3. Seed$2.6M2016-11-21
    • Raised 15 mo later, in step with the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 4 investors on this round.
  4. Series A$8.8M2018-11-01
    • Raised again after 23 mo — slower than the ~13 mo sector norm.
    • Round 3.4× larger than the prior — scaling up.
    • 4 investors on this round.
  5. Series B$24.2M2020-01-28
    • Raised 15 mo later, in step with the ~13 mo sector norm.
    • Round 2.7× larger than the prior — scaling up.
    • 5 investors on this round.
  6. Series B$29.8M2021-07-26
    • Raised 18 mo later, in step with the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 6 investors on this round.
  7. Series B$29.8M2021-07-26
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 6 investors on this round.
  8. Series B$29.6M2021-11-18
    • Came back fast: 4 mo vs the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 7 investors on this round.
  9. Series C$77.1M2022-05-19
    • Came back fast: 6 mo vs the ~13 mo sector norm.
    • Round 2.6× larger than the prior — scaling up.
    • 11 investors on this round.
Intelligence
2023 ~Q1
Modeled next raise · ~10mo cadence
$200.6M
Modeled next size est.range $130.4M$320.9M
2.6×
Last step-up
$25.6M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Shailesh Ghorpade3 other2020-01
Aditya Gurunath Systla1 other2021-07
Tarun Davda1 other2020-01
Aditya Systla2020-01
Manish Gurunath Gaur2021-07
Manish Kumar Gaur2021-11
Narasimha Kumar Reddy2018-11
Narasimha Reddy2020-01
Rahul Chandra2020-01
Rahul Kumar Chandra2015-08
Ravi Belani2020-01
Raviteja Dodda2015-08
Shailesh Kumar Ghorpade2016-11
Srikanth Kumar Sundararajan2018-11
Srikanth Sundararajan2020-01
Tarun Kumar Davda2018-11
Yashwanth Kammara2020-01
Yashwanth Kumar Kammara2015-08
Registry & provenance

MoEngage, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1652632
SEC CIK
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Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
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Frequently asked
How much funding has MoEngage, Inc. raised?
MoEngage, Inc. has raised approximately $172.2M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is MoEngage, Inc.'s estimated valuation?
Provath's modeled valuation for MoEngage, Inc. is approximately $1.4B (modeled range $292.2M–$2.8B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is MoEngage, Inc. at?
MoEngage, Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Thu May 19.
What does MoEngage, Inc. do and where is it based?
MoEngage, Inc. operates in the Other Technology sector, based in SAN FRANCISCO.
Explore related

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