Twilio, the leading cloud communications platform, announced the launch of Twilio Ventures and its new $50 million fund.
Twilio Ventures will primarily invest in early stage companies with opportunistic investments in late stage companies at the intersection of customer engagement and developers.
Two key areas of investment include: 1) Ecosystem investments that promote the success of developers, partners and solutions within the Twilio ecosystem to create paths for every type of builder and 2) Frontier investments in adjacent thematic areas that are building innovative solutions for delivering better customer experiences and engagement.
The venture program will provide portfolio companies with ongoing mentorship, potential product and go-to-market support, and exposure to Twilio’s leadership, partners and customers, among other benefits.
“We have deep roots in the developer ecosystem and have been partnering with startups for many years. Twilio Ventures will accelerate our ability to empower builders and the start-up community building the future of customer engagement by investing directly in their growth and success,” said Bryan Vaniman, senior vice president of corporate development.
Twilio Ventures investments this year
Algolia, an API platform for search and dynamic experiences
Mux, a platform that enables developers to build unique live and on-demand video experiences
Hyro, an adaptive conversational AI platform
Calixa, a product-led growth platform for go-to-market teams
Well Health, a SaaS digital health leader in patient communications
Terazo, an API-first software development
DevOps, and platform managed services firm
Other previous investments
Community, the innovative text messaging platform that powers direct relationships and one-on-one conversations at scale
Courier, a developer infrastructure for product notifications
Krisp, an AI-powered app to remove background noise and echo in meetings