Fundraising Fox

Chattermill

Entrepreneur First '15

London, GB Β· Founded 2015 Β· 7 known investors

chattermill.com β†—

Chattermill is an AI-based customer experience intelligence platform that unifies and analyzes feedback from surveys, reviews, social media, support tickets, and call transcripts to surface actionable insights. It serves CX, product, and operations teams at brands and enterprises, offering natural-language querying, integrations, and an MCP server for AI agents.

Also known as Chattermill Analytics Limited

AI & Machine LearningEnterprise SoftwareSaaS

Founders & leadership

Chattermill was founded in 2015 by Mikhail Dubov and Dmitry Isupov.

MDMikhail Dubov
Mikhail DubovinFounder & CEOMikhail earned an Economics degree at the University of Cambridge, followed by a master's in Risk and Finance from the London School of Economics. He began his professional career as a software engineer, working at a variety of startups.
DIDmitry Isupov
Dmitry IsupovinFounderDmitry is a University of Bristol graduate with a background in mathematics and data analysis. He spent several years in the market research sector, developing technology capable of drawing insights from unstructured customer feedback.

Investors Β· 7

Also in the syndicate Β· 1

SVB

Company profile

researched Aug 2026

Chattermill is a London-based customer experience intelligence (CXI) software company that unifies customer feedback from many channels β€” surveys, online reviews, contact-centre and support conversations, social media and product feedback β€” and applies AI to tag, categorise and cluster it into insights. Signals are enriched with business context such as customer ID, channel and location, and layered with CRM, operational, transactional and competitive data so that findings can be tied to metrics the business already tracks, such as churn, retention and spend. Outputs include precision insights on specific issues, impact/driver analysis, custom reports and dashboards, anomaly detection and real-time alerts routed to Slack, email, Jira and similar tools.

The company markets a proprietary model, Lyra, described as trained specifically for customer experience intelligence, and a 'CXI agentic architecture' composed of a data layer, a CX context engine combining frontier LLMs with fine-tuned specialist models, an analytical engine, workflow and alerting, insight governance, and a skills-and-evaluations library. An MCP interface lets external agents such as Claude and ChatGPT query Chattermill data and generate downstream artefacts (for example Linear tickets or Notion documents). Several components β€” Lyra Agent, knowledge and memory, collaboration and audit logging, and a CX Context Graph β€” are listed on the website as not yet released.

At the time of its 2022 Series B, Chattermill described itself as a 'Unified Customer Intelligence' platform using deep-learning AI, ingesting data both from internal sources such as support tickets and from public web sources, and integrating with survey tools including SurveyMonkey, Typeform and Qualtrics. Press coverage states the platform analyses feedback natively in 50+ languages, and CEO Mikhail Dubov has framed the company's goal as analysing over a billion pieces of customer feedback for clients.

Founding story

Co-founders Mikhail Dubov and Dmitry Isupov met through Entrepreneur First and founded Chattermill in London in 2015. Isupov had worked at a market research company where customer feedback and brand perception were reviewed manually; the founders concluded that such data held significant insight but was expensive, difficult and slow to process because it was human-driven, with research cycles taking weeks or months. They set out to achieve the same outcome with machine learning, betting that automated reading of all feedback β€” rather than sampling β€” was the hard and valuable part of the problem.

Business model

B2B SaaS sold to enterprises, with a demo-led, sales-qualified entry point (no public pricing; prospects are asked about monthly feedback volume, banded as under 1,000, 1,001–5,000, or more than 5,000 items per month). The platform is positioned as enterprise-grade, citing SOC 2 Type II, ISO 27001 certification, GDPR/CCPA compliance, SSO, access controls and PII redaction. Alongside software, Chattermill offers a dedicated expert team under an 'XLG Acceleration' service that links customer signals to retention, churn and revenue outcomes.

Software subscription sold to enterprises via a book-a-demo, quote-based motion; pricing is not published and prospects are segmented by monthly feedback volume. Additional value is delivered through an expert services offering (XLG Acceleration) tying CX signals to business outcomes.

Traction

Named enterprise customers include Uber, Amazon, H&M, HelloFresh, Tesco, Zappos, Just Eat, Qonto and E.ON Next. At Series B the company reported hitting 200% of new business revenue and pipeline targets in Q1 2022 and said customers such as Uber and Just Eat had tripled usage. Public review platforms show 4.5/5 ratings on G2 (236 reviews) and Gartner (92 reviews) as of 2026, with the site citing over 200 five-star reviews. Customer-cited outcomes on the company's site include a 42.8% reduction in contacts per transaction and a 144% NPS increase (from +9 to +22), and one customer reference notes eight years working with Chattermill.

Latest developments

As of 2026 the website presents Chattermill as an 'AI-native' CX intelligence platform organised around four pillars (Data, Intelligence, Agent, Program), with the Lyra proprietary model, an MCP-and-skills integration for third-party AI agents, and a CXI agentic architecture. Several architecture components are labelled coming soon, including a Chattermill-native Lyra Agent, a knowledge-and-memory layer, collaboration and audit logging, and a CX Context Graph. The site lists a broader executive team beyond the founders, including a Chief Revenue Officer, Chief Scientist and VPs across engineering, product, finance, people, marketing and XLG, and cites 2026 analyst-community recognitions from G2 and Gartner.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

Positioned in the voice-of-customer / feedback analytics category against both AI-native challengers (Unwrap.ai, Thematic, Enterpret, Caplena, UnitQ) and incumbents built around structured surveys (Qualtrics, including TextiQ, and Medallia). Chattermill claimed the #1 spot in G2's Momentum Grid Report for Text Analytics and a High Performer designation in Feedback Analytics at the time of its Series B, and cites 2026 G2 'Leader in Feedback Analytics' and Gartner 'Top Voice of Customer Platforms' recognition with 4.5/5 ratings on both.

Chattermill positions itself on domain-specific AI rather than general-purpose models: a proprietary CX-trained model (Lyra), a purpose-built agentic architecture with insight governance and evaluated skills, and depth of multi-source, multi-language analysis (50+ languages). Trade coverage contrasts Chattermill's enterprise-oriented, tunable, multi-source depth with rival Unwrap.ai's zero-shot, low-setup approach optimised for time-to-first-insight, framing the trade-off as speed versus trustworthiness of the insight. At its Series B, an investor argued that incumbent solutions lacked flexibility and accuracy in analysing unstructured feedback across sectors.

Technology

AI/NLP-based analysis of unstructured customer feedback. The current stack combines frontier LLMs for open-ended reasoning with fine-tuned specialist models for precision tasks under a proprietary CX-trained model branded Lyra, plus a CX context engine, analytical engine, workflow and alerting layer, insight governance, and a skills library with continuous evaluations. Data is cleaned before analysis (including handling of multiple languages), with claimed native coverage of 50+ languages, and integrations span survey tools (SurveyMonkey, Typeform, Qualtrics), support systems, review sites, app stores and social channels, as well as public web scraping. Earlier descriptions referenced deep-learning-based AI with daily data refresh and email/Slack alerting. An MCP server exposes the data to external AI agents.

Go-to-market

Enterprise sales motion driven by demo requests and direct contact with a sales team, supported by customer stories, comparison pages against competing vendors, a blog, a 'CX Intelligence Academy', help centre and API documentation. Chattermill also cites a growing global partner network, and its Series B proceeds were earmarked for organic expansion in the US and Europe plus hiring in engineering, data and commercial roles.

Large enterprises and global brands, with buyers in customer experience, product and UX, insights/voice-of-customer, and customer support teams. Named customers include Uber, H&M, HelloFresh, Tesco, Amazon, Zappos, Just Eat, Qonto and E.ON Next. The company describes itself as sector-agnostic with particular interest in ecommerce and retail, finance and travel.

Geography

Headquartered in London, United Kingdom (68 Hanbury St, London E1 5JL), with the US and Europe as its stated core markets and a growing partner network internationally. At the time of the Series B the company had employees in Ukraine and had relocated contractors out of Russia, where it never had a formal office or entity; two contractors remained in Russia and were said to be relocating.

History

Founded in London in 2015 by Mikhail Dubov and Dmitry Isupov, who met through and went through Entrepreneur First. The company raised an $8M Series A in 2020 and a $26M Series B announced on 6 December 2022, led by Beringea with DN Capital, Ventech, Runa Capital, btov Partners and SVB returning and Blossom Street Ventures joining. Between the Series A and Series B the team more than doubled, reaching about 80 people at the time of the Series B with plans for roughly 120 within 18 months. The legal entity is Chattermill Analytics Limited, based at 68 Hanbury St, London E1 5JL. By 2026 the company describes itself as the 'customer experience intelligence company' and has repositioned its product around AI-native and agentic capabilities, including a proprietary model called Lyra and an MCP/skills interface for third-party AI agents.

Risks & controversies

Business Insider reported that the 2022 fundraising environment was made difficult by Russia's war in Ukraine; both co-founders are Russian, though long resident in London, and the company said it had few ties to Russia, moved contractors out of the country, worked to keep Ukrainian employees safe, and was honouring signed contracts with Russian customers that it said were not Kremlin-affiliated or sanctioned. The company also said it was being 'extremely careful' with headcount growth given economic uncertainty. Several advertised platform components remain unreleased ('coming soon'), and the category is competitive with both well-funded incumbents and newer entrants.

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
EmployeesDec 202280 people
Five-star user reviewsJan 2026over 200 five star reviews
Gartner ratingJan 20264.5 out of 5 (92 reviews)
Languages analysed nativelyAug 202650 languages (50+)

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 5

launches, deals, and filings
Jan 2026
2026 Leader in Feedback Analytics (G2) and Top Voice of Customer Platforms (Gartner)

Company site cites a 2026 G2 'Leader in Feedback Analytics' badge and 2026 'Top Voice of Customer Platforms' recognition, with 4.5/5 ratings on both G2 (236 reviews) and Gartner (92 reviews).

source β†—

Jan 2026
MCP server and skills for AI agents

Chattermill markets an MCP and skills layer letting Claude, ChatGPT and other MCP-compatible agents query its CX intelligence data, alongside a 'CXI agentic architecture'. Additional components (Lyra Agent, Knowledge & Memory, CX Context Graph, Collaboration & Audit) are listed as coming soon.

source β†—

Dec 2022
Ranked #1 in G2 Momentum Grid Report for Text Analytics

Chattermill stated it was ranked #1 in G2's Momentum Grid Report for Text Analytics and named a High Performer in the Feedback Analytics Software category.

source β†—

Dec 2022
Chattermill announces $26M Series B led by Beringea

Chattermill announced a $26M Series B to expand its platform toward its 'Unified Customer Intelligence Platform' vision, led by Beringea with participation from DN Capital, Ventech, Runa Capital, btov Partners, SVB and new investor Blossom Street Ventures. Per Business Insider, the round came in two parts: an internal bridge round followed by a second tranche closed in summer 2022.

$26M source β†—

Jan 2020
$8M Series A

Chattermill raised an $8M Series A in 2020, referenced in its Series B announcement.

$8M source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Chattermill do?
London-based AI platform that unifies and analyses customer feedback across channels to produce CX insights for enterprises.
Who founded Chattermill?
Chattermill was founded by Mikhail Dubov, Dmitry Isupov in 2015.
Who are Chattermill's investors?
Chattermill's investors include Avonmore Developments, Beringea, Blossom Street Ventures, Entrepreneur First, DN Capital, Ventech.
Where is Chattermill headquartered?
Chattermill is headquartered in London, GB.