TxtSmarter has developed and patented a proprietary methodology for securely archiving private texting platforms and other social media messaging channels. The company says it is the only solution addressing Apple's iMessage and Android SMS/MMS at the native level. TxtSmarter is targeting the enterprise market, with large financial institutions reaching out for eComms surveillance and regulatory compliance solutions. CEO Edward Green, a technology executive and founding partner of Exigent Ventures, leads the company. The company stated the recent capital will be used to grow its development team and expand enterprise services. Carofin is also noted as becoming an end user of TxtSmarter's solution. Txtsmarter provides a Compliance Communications Surveillance Service for private messaging applications, platforms and services, including Apple iMessage, Android SMS/MMS and WhatsApp. Its product captures, verifies, encrypts and archives previously inaccessible messaging data in real time to mitigate compliance and communication data leaks, prevent sanctions and fines, and protect brand reputations in regulated industries. The company is led by newly appointed CEO Edward Green. Txtsmarter intends to use the Series A proceeds to expand its services across US and European enterprise markets. The company is based in Santa Clara, CA and also has offices in London, UK and San Ramon, CA. The articles do not disclose revenue or other operating metrics.

Total raised

$2M

Funding rounds

2

Latest round

Series A

Latest activity

Dec 2022