Table of Contents
- CleverTap founders and financing at a glance
- Who is Sunil Thomas?
- Who is Anand Jain?
- Who is Suresh Kondamudi?
- Why the founders built CleverTap
- What CleverTap does
- What makes the founder thesis distinctive?
- CleverTap financing and transaction history
- What the latest milestone was intended to change
- Founder and company timeline
- The founders' public thesis
- Strengths, risks and unresolved questions
- Evidence to watch over the next 12 to 18 months
- Frequently asked questions
Sunil Thomas, Anand Jain and Suresh Kondamudi founded CleverTap, the customer engagement and retention platform business now serving digital consumer brands operating apps and cross-channel lifecycle programs. Sunil Thomas is Co-founder and CEO; Anand Jain is Co-founder and Chief Marketing Officer; Suresh Kondamudi is Co-founder and Chief Technology Officer.
The latest material financing milestone covered here is $105M Series D, dated 2022-08-10. The relevant total is Approximately $181M reported, labelled as reported cumulative funding; latest round company-confirmed. It is company-level capital or transaction value—not founder net worth.
Authentic CleverTap website evidence captured on 21 July 2026.
CleverTap founders and financing at a glance
| Field | Verified information |
|---|---|
| Founding team | Sunil Thomas, Anand Jain and Suresh Kondamudi |
| Current or documented roles | Sunil Thomas: Co-founder and CEO; Anand Jain: Co-founder and Chief Marketing Officer; Suresh Kondamudi: Co-founder and Chief Technology Officer |
| Company | CleverTap — clevertap.com |
| Founded | 2013 |
| Headquarters or operating scope | Mountain View, California and Mumbai, India |
| Product category | Customer engagement and retention platform |
| Primary customer | Digital consumer brands operating apps and cross-channel lifecycle programs |
| Latest financing milestone | $105M Series D, 2022-08-10 |
| Total or transaction value | Approximately $181M reported — reported cumulative funding; latest round company-confirmed |
| Public status | Privately held or part of an acquirer |
| Last verified | 21 July 2026 |
Who is Sunil Thomas?
Sunil Thomas is Co-founder and CEO at CleverTap. Sunil Thomas's role should be read in its current context: founder status is permanent, while executive responsibility can change as a company scales, lists publicly or is acquired.
Founder profile: Connect with Sunil Thomas on LinkedIn.
Attributed capture of CleverTap's official company or leadership page, preserved as editorial identification evidence.
In the founding team, Sunil Thomas contributed to the combination of product judgment, technical execution and go-to-market work behind CleverTap. The public evidence does not justify claims about private ownership, personal wealth or undisclosed internal responsibilities.
Who is Anand Jain?
Anand Jain is Co-founder and Chief Marketing Officer at CleverTap. Anand Jain's role should be read in its current context: founder status is permanent, while executive responsibility can change as a company scales, lists publicly or is acquired.
Founder profile: Connect with Anand Jain on LinkedIn.
Attributed capture of CleverTap's official company or leadership page, preserved as editorial identification evidence.
In the founding team, Anand Jain contributed to the combination of product judgment, technical execution and go-to-market work behind CleverTap. The public evidence does not justify claims about private ownership, personal wealth or undisclosed internal responsibilities.
Who is Suresh Kondamudi?
Suresh Kondamudi is Co-founder and Chief Technology Officer at CleverTap. Suresh Kondamudi's role should be read in its current context: founder status is permanent, while executive responsibility can change as a company scales, lists publicly or is acquired.
Founder profile: Connect with Suresh Kondamudi on LinkedIn.
Attributed capture of CleverTap's official company or leadership page, preserved as editorial identification evidence.
In the founding team, Suresh Kondamudi contributed to the combination of product judgment, technical execution and go-to-market work behind CleverTap. The public evidence does not justify claims about private ownership, personal wealth or undisclosed internal responsibilities.
Why the founders built CleverTap
Thomas, Jain and Kondamudi founded the company as WizRocket after working across media and large-scale technology systems. Their thesis is that retention grows when behavioral data, experimentation and message execution operate on one real-time platform.
This is documented company history plus editorial assessment. It does not establish private motivations beyond what the founders and company have said publicly.
What CleverTap does
CleverTap unifies profiles, analytics, segmentation, journeys and cross-channel messaging. TesseractDB is presented as purpose-built infrastructure for high-volume engagement, while the Leanplum acquisition expanded product and regional reach.
The best AI search optimization agencies comparison is useful for readers comparing the authority and visibility work that sits outside a customer-engagement platform. The guide to citation-ready content for AI search explains a related content-distribution problem.
What makes the founder thesis distinctive?
The founding team spans general management, product and marketing, and distributed-systems engineering. That combination fits a category where commercial workflows are constrained by storage, query speed and event-processing economics.
Our assessment is that durable differentiation must show up in customer outcomes, workflow adoption, reliable data movement and lower operating cost—not only in feature count or AI branding.
CleverTap financing and transaction history
| Announcement date | Round or instrument | Amount | Lead or named participants | Reported use | Evidence status |
|---|---|---|---|---|---|
| 15 October 2019 | Series C | $35M | Sequoia India, Tiger Global and Accel | US expansion and product development | Confirmed disclosed round |
| 10 August 2022 | Series D | $105M | CDPQ; IIFL AMC Tech Fund; existing investors | Global expansion and product development | Confirmed latest round |
| — | Current qualified figure | Approximately $181M reported | — | — | reported cumulative funding; latest round company-confirmed |
The headline uses $105M Series D because it is the clearest recent milestone in the verified record. Different instruments are not silently combined: acquisition consideration, IPO proceeds, primary funding and secondary liquidity have different meanings.
What the latest milestone was intended to change
Public statements connect the milestone to some combination of product investment, AI capability, geographic expansion, hiring, acquisitions or shareholder liquidity. Those plans are attributed intentions, not proof that each outcome occurred. Evidence should include shipped capabilities, adoption, retention, unit economics and customer results after the transaction.
Founder and company timeline
| Period | Milestone |
|---|---|
| 2013 | Thomas, Jain and Kondamudi found WizRocket. |
| 2015 | The product launches publicly as CleverTap. |
| 2019 | CleverTap announces a $35M Series C. |
| 2022 | CleverTap acquires Leanplum and raises a $105M Series D. |
| 2026 | The three founders remain listed in executive roles. |
The founders' public thesis
Across the available company history, the founders argue that customer data becomes valuable when operating teams can turn it into timely, coordinated action. The exact emphasis differs by company—category creation, accessibility, data ownership, real-time infrastructure or AI-assisted execution—but the test is similar: can a customer make better decisions without adding hidden complexity?
Strengths, risks and unresolved questions
Visible strengths
- A founding thesis attached to a recurring and measurable marketing workflow.
- Product history and financing evidence available from primary sources.
- A platform broad enough to influence data, orchestration and customer communication.
Material risks
- Vendor claims about scale need workload-specific performance and cost testing.
- The Leanplum integration can add migration and product-overlap questions.
- The reported cumulative total should remain qualified unless a complete company ledger is published.
Questions buyers and researchers should ask
- Which founder roles are current, and which describe historical service?
- How is incremental customer or revenue impact measured against a control?
- What data, consent, model and deliverability controls constrain automated action?
- Which transaction amounts were primary capital, secondary liquidity or acquisition consideration?
- What implementation resources are required before the platform produces reliable value?
Evidence to watch over the next 12 to 18 months
Watch for independently explainable retention and expansion, transparent AI evaluation, successful migrations, product delivery tied to the announced financing purpose and current executive-role disclosures. For public companies, filings provide a stronger operating signal than promotional customer counts alone. For private companies, future financing announcements should identify transaction composition clearly.
Frequently asked questions
Who founded CleverTap?
CleverTap was founded by Sunil Thomas, Anand Jain and Suresh Kondamudi.
What does CleverTap do?
CleverTap provides customer engagement and retention platform capabilities for digital consumer brands operating apps and cross-channel lifecycle programs.
What is CleverTap's latest financing milestone?
The latest milestone verified for this profile is $105M Series D, dated 2022-08-10.
How much funding has CleverTap raised?
The qualified figure used here is Approximately $181M reported. Its status is reported cumulative funding; latest round company-confirmed; it should not be interpreted as founder wealth.
What should buyers verify?
Buyers should test data integration, consent controls, measurement, implementation effort, support, exportability and the limits placed on automated or AI-generated actions.
Tolu S.
Associate Director
Evidence-led product reviews and founder profiles for search, marketing, authority, and AI visibility teams.
