Twilio investors should keep tabs on MessageBird, a European startup

D Prabhakar Reddy
Commissioner of Income-tax, IRS, IIT (Kgp), LLB, LLM (Corp. Law)
Twilio investors should keep tabs on MessageBird, a European startup
  • Twilio is often considered a "best in breed" player in the cloud communications market. Its platform simplifies the process for app developers by reducing a time-consuming task into a few lines of code.
  • Amsterdam-based MessageBird, the rival Twilio's investors should pay close attention to, processes voice calls, chat messages, and videos for companies.
  • But unlike Twilio, which widened its net loss from $122 million to $307 million last year, MessageBird has remained profitable since its first year (though being founded nine years ago).
  • MessageBird has an estimated valuation of about $300 million. It serves over 15,000 organizations, including Heineken, SAP, and even Uber - which notably pivoted away from Twilio back in 2017.