Chatbot Unicorn Infobip Raising About $500 Million Before IPO
Jasmina Kuzmanovic and Rodrigo Orihuela, Bloomberg News
(Bloomberg) Infobip, the Croatian technology firm that makes customer-service chatbots, plans to raise about $500 million from investors this year to fund deals ahead of an initial public offering in the U.S.
The company has just started speaking to investors about the funding, which would be 60% to 70% higher than Infobipâs previous $300 million round, founder and Chief Executive Officer Silvio Kutic said in an interview. The company could complete the funding by August and the business may be ready for an IPO in the next 18-to-20 months, he said.