Movable, Inc.

About

Movable, Inc. is a U.S.-based company specializing in personalized marketing solutions that leverage artificial intelligence to automate customer engagement across various platforms.Founded in 2010 in New York, Movable, Inc. focuses on providing advanced marketing technology solutions. The company has undergone strategic pivots to enhance its offerings and significantly raised funds through a SERIES D round in April 2022, securing USD 52.31 mn led by Silver Lake and joined by Contour Venture Partners and Intel Capital. Movable, Inc. has successfully completed 4 deals to date and has a current valuation of USD 780.094 mn. The founder, Vivek Sharma, has a background in launching tech solutions.Movable Ink specializes in personalized marketing solutions powered by artificial intelligence and automation. The company’s core offerings include Movable Ink Studio and Movable Ink Da Vinci. Movable Ink Studio automates unique content creation tailored to individual customers at the moment of engagement, while Movable Ink Da Vinci revitalizes messaging programs through AI-driven content curation. These solutions are designed to improve customer engagement and increase revenue, serving industries such as retail, financial services, media, and travel. Notable clients include Best Buy, Delta Air Lines, and Virgin Voyages, with offerings marketed across North America and Europe.Movable Ink's revenue model is centered around subscription-based services and strategic partnerships aimed at enhancing marketing personalization. The company has demonstrated its capability to drive revenue growth for clients, evidenced by case studies reporting over USD 20 mn in benefits for some clients within three years. Clients subscribe to Movable Ink's software solutions under various pricing plans, while nearly 100 verified partner solutions integrated within Movable Ink’s platform allow for further customization in marketing strategies.With the recent funding round completed in April 2022, Movable, Inc. plans to utilize the USD 52.31 mn investment to expand its presence in Europe, targeting markets such as Germany, Austria, Switzerland, the Nordics, and Benelux. The company is also working on launching new products to enhance its service offerings, although specific release dates have not been disclosed.