Movable Ink was founded in 2010 by Michael Nutt and Vivek Sharma. The company has not publicly endorsed plans to participate in an IPO.
Movable Ink is a marketing platform that allows businesses to leverage data and AI to deliver personalized content to customers. Headquartered in New York City, the company operates throughout North and South America, Europe, Australia, and Japan. In 2022, Movable Ink acquired Coherent Path, an AI-powered content engine. The company has raised $97 million in venture capital funding from investors including Silver Lake Waterman, Intel Capital, Contour Venture Partners, MI Ventures, and Kima Ventures. Following a $55 million fundraising round in 2022, Movable Ink announced a pre-money valuation of $1.3 billion.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.