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Landbot Closes $8M Series A for its ‘No Code’ Chatbot Builder

Landbot, a ‘no-code’ chatbot builder, has bagged an $8 million Series A led by the Spanish-Israeli VC firm Swanlaab, alongside support from CDTI.

Previous investors Nauta Capital, Encomenda, and Bankinter also participated in the round.

Back in 2018, Landbot raised a $2.2 million seed and had 900+ customers. It‘s grown that to ~2,200 paying customers, with some 50,000 individuals now using its tool across both free and paid accounts.

The pandemic has supercharged demand for conversational landing pages as all sorts of businesses look for ways to automate higher volumes of digital inbound customer comms, without needing to make major investments in in-house IT.

Jiaqi Pan, CEO, and Co-Founder of Landbot, “We are seeing strong traction from industries like eCommerce, Financial Services and Marketing Agencies. The eCommerce segment is one we have seen the most growth in since COVID-19, where we increased 2x the number of customers from the eCommerce industry.”

The new funding will be used to double Landbot’s team during 2021 with hiring planned across sales, marketing, and engineering.

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