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Attentive is a leading SMS marketing platform that specializes in creating personalized messaging experiences for brands by leveraging consumer behavior data. With an impressive annual recurring revenue (ARR) of approximately $200 million as of the end of 2022, Attentive has seen remarkable growth, up 60% from the previous year. The company, valued at $6.9 billion, has raised around $863 million in funding from prominent investors, including Bain Capital Ventures and Sequoia, solidifying its position in the competitive mobile messaging landscape.
What sets Attentive apart is its innovative "two-tap" sign-up feature, which streamlines the opt-in process for users, making it easier for brands to engage customers. The platform not only allows businesses to send targeted messages but also provides real-time analytics to optimize campaigns. Attentive serves a diverse clientele, from small businesses to major corporations like Coach and Urban Outfitters, driving an average of 18.5% of total online revenue for its users.
As the global SMS marketing software market is projected to grow significantly, Attentive is poised for continued expansion. The company is actively enhancing its offerings with new features, including AI-assisted replies, and is exploring international markets with the recent opening of its London office. With a focus on deeper integrations and actionable insights, Attentive aims to redefine customer engagement in the evolving digital landscape.
When investment opportunities become available for Attentive, they would typically be structured through US-based, bankruptcy-remote Delaware SPVs. As an investor, you would become a limited partner in a fund that indirectly holds shares of the company. This page is for expressing interest in future opportunities, not for making actual investments.
Direct investment into high-demand private companies like Attentive often requires $50M+ in capital. Our SPV structure gives you access at lower minimums by pooling capital and investing through intermediaries that already hold equity.
The minimum investment typically starts from $10,000, though it may vary depending on the deal size and available allocations.
Once the SPV is fully funded and the shares are secured, units will be allocated to your account and you'll be notified. This typically takes 2–3 weeks post close date.
Liquidity is not guaranteed. However, exits may occur through the following avenues:
(a) resale through our partner's Alternative Trading System (ATS) after a holding period,
(b) secondary market transactions,
(c) a future IPO of Attentive or its subsidiaries, or
(d) an acquisition of the company.
Key risks include equity risk (share value decline) and liquidity risk (limited tradability of private shares). As with any private market investment, capital loss is possible.
Taxation is treated the same as investing in US-listed stocks. Long-term capital gains (after 24 months) are taxed at 12.5%. Short-term gains are taxed as per your income tax slab.
All investments are made through SEC-compliant SPVs under Regulation S. The structure is similar to those used by leading US platforms like EquityZen and Forge.
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