Chatmeter Announces Investment by Providence Strategic Growth to Extend Market Leadership and Support Tech Innovation

Jul 11, 2019

Chatmeter, a provider of local search marketing and reputation management for multi-location businesses, announced a strategic investment by funds advised by Providence Strategic Growth (PSG), the growth equity affiliate of Providence Equity Partners, a premier global asset management firm focused on the media, communications, education, and information industries. Chatmeter says the investment will fuel its next phase of growth to support rising demand for sophisticated local brand management technology. Terms of the transaction were not disclosed.

Over the past five years, Chatmeter has grown steadily, supporting multi-location brands across industries including retail, restaurant, financial services, healthcare, automotive, real-estate, and agencies. Through its partnership with PSG, Chatmeter intends to further build out its brand management platform to support additional technology and data science advancements, accelerate its go-to-market strategy and further support its customers and partners.

Chatmeter has been analyzing over 1.9 million locations and billions of customer reviews, social media mentions and sentiment since 2009. 

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