Codeless form specialist “Typeform” takes $135 million in the latest funding rounds.
Typeform – a Barcelona-based startup that enables business users to create forms – announced it raised approximately $135M in the latest funding rounds.
Sofina – an investment firm – led this funding with over a dozen others, such as Index Ventures and General Atlantic. Now, Typeform is valued at a staggering $935M.
The startup allows companies to create a series of forms similar to the slideshow. The queries in forms don’t appear on single pages; instead, they show one by one. When users complete one section, the next one appears instantly.
Typeform believes its interface design approach enables businesses to enhance user engagement significantly. It claims companies using the service can raise data collection via forms like consumer feedback surveys, etc., by 95%.
Since they started in 2012, they have won over 125,000 companies. Their customers include leading brands like Airbnb Inc, Volvo Cars, and Lyft Inc. Additionally, the startup promises to streamline the data collection process. It can even synchronize responses to the firm’s business apps.
Create forms without coding
One good thing about Typeform is: users don’t need coding skills to operate it. Businesses can create forms within minutes using pre-packaged templates. With a “conditional logic” feature, companies can easily personalize forms depending upon user input.
“We are in a strong position to continue empowering businesses and their employees to grow and engage their audiences as online interactions become increasingly central to building an enduring brand,” said Typeform CEO Joaquim Lecha. “Our focus, as always, is on creating long-term value for our customers through Typeform’s simple but powerful self-serve interaction experiences.”
Measuring customer sentiment is amongst the many use-cases Typeform targets. As per the startup, companies can also use it to create forms helping customers register to various online services, participate in different market research endeavors, and make eCommerce purchases, among others.