[ TRANSACTION RECORD ]

Meta Platforms Investment in Kustomer — 2022

VERIFIED VECTOR ID: 001530 · tx-058
M SOURCE NODE — FUNDER
Meta Platforms
Technology United States
$1,000,000,000
EQUITY
15/02/2022
Q DESTINATION NODE — RECIPIENT
Kustomer
Company United States
Amount (USD)
$1.0B
Flow Type
EQUITY
Transaction Date
15/02/2022
Primary Source
View Filing ↗
Funder Profile [ M ]
Entity Meta Platforms
AUM 150000
HQ Location United States
Sector Technology
Recipient Profile [ Q ]
Entity Kustomer
Entity Type Company
Jurisdiction United States
Intelligence Note

Meta Platforms completed the 1 billion dollar acquisition of Kustomer to enhance its social commerce and business communication tools. The transaction provides Meta with advanced CRM capabilities to support businesses using its messaging platforms. This deal illustrates the strategic expansion of tech giants into enterprise software and customer service.

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Primary Forensic Source https://about.fb.com/news/2022/02/kustomer-acquisition-completed/
✓ SOURCE LINKED