Podium raises $201 mn led by YC Continuity

Podium, a communication and payments platform for local businesses, has raised $201 million in Series D funding.
Dollar spending on technology
The investment round was led by YC Continuity with participation from Durable Capital Partners, Arpex Capital, Accel, Album VC, IVP, Sapphire Ventures, Summit Partners, and Sorenson Capital. This latest round brings the company’s valuation to over $3 billion.

Podium is helping thousands of local businesses facilitate millions of interactions with consumers today, from text messaging, website chat, marketing campaigns, to payment transactions.

Funding will support Podium’s expansion to reach more local businesses all over the world as well as investments to build out their payments, communications and marketing technology.