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Podium’s Valuation Doubles to $3 Billion in Latest Fundraising

Nov. 15, 2021, 1:00 PM

Podium Corp.’s valuation has doubled to more than $3 billion from 2020 with the software maker’s latest round of fundraising.

The Lehi, Utah-based startup, which helps small businesses interact with customers online, has raised $201 million in a round led by YC Continuity, according to the company. Accel, IVP and Sapphire Ventures are among the firms that participated. Podium’s last valuation was $1.5 billion last year.

Podium helps small businesses like plumbers, car dealerships and dentists to do everything from digital payment processing to responding to customer messages. It has 100,000 local businesses as customers.

“The problem is most of ...