Twilio

Twilio
Twilio
  • Headquarters

    San Francisco, CA
  • Founded

    2008
  • CEO / Founder

    Khozema Shipchandler
  • Employees

    5001-10000
  • Funding

    Public
  • Stock

    TWLO
  • Products

    1 product listed
  • Avg. AI Score

    7.8/10

Profile updated

Products
1
Avg AI Score
7.8/10
Founded
2008
Funding
Public
About Twilio

Twilio is a cloud communications company headquartered in San Francisco, California, founded in 2008 by Jeff Lawson, Evan Cooke, and John Wolthuis. The company provides a suite of programmable communication APIs that allow developers to embed messaging, voice, video, and email capabilities into applications. Twilio went public on the New York Stock Exchange in June 2016 under the ticker TWLO.

Twilio's core products include Programmable Messaging, Programmable Voice, SendGrid (email delivery), and Flex, a cloud-based contact center platform. In 2020, Twilio acquired Segment, a customer data platform (CDP) that collects and unifies customer event data from web, mobile, and server-side sources. Segment serves as the data layer for Twilio's broader customer engagement offerings. Notable customers across Twilio's products have included Airbnb, Uber, and Lyft.

Twilio raised approximately $240 million across multiple funding rounds before its 2016 IPO. The company acquired SendGrid in 2019 for approximately $2 billion and acquired Segment in 2020 for approximately $3.2 billion in stock. Following a period of rapid headcount growth, Twilio conducted significant layoffs in 2022 and 2023, reducing its workforce by roughly 30% over that period. Khozema Shipchandler became CEO in January 2024, succeeding co-founder Jeff Lawson.

Specialties
Cloud Communications APIsSMS and Voice APIsCustomer Data PlatformEmail DeliveryContact Center SoftwareCustomer EngagementDeveloper Platforms
Financials

Dated, source-cited figures. Estimates are marked.

Revenue
$4.5B
Market Capest.
$13.0B
Revenue over time
$3.8B(2022)$4.2B(2023)$4.5B(2024)
Products by Twilio

All products by Twilio reviewed by our AI panel of experts.

How Our Review Panel Scores Twilio

Six independent reviewer personalities assessed Twilio's product on their own terms. They disagreed by 3.8 points — The Skeptic was the hardest to convince, The Decision Maker the most positive.

The Decision Maker
8.3
The Domain Practitioner
8.3
The Power User
8.2
The Domain Strategist
8.0
The Finance Lead
7.2
The Skeptic
4.5

Averaged across 1 reviewed product in our catalog. Scores are out of 10.

Competitive Landscape

Who Twilio competes with, and how they differ.

Company Timeline

Key milestones in Twilio's history, with sources.

  1. Milestone

    Khozema Shipchandler named CEO as Jeff Lawson steps down

    Co-founder Jeff Lawson left the CEO role and the board amid activist investor pressure; communications president Khozema Shipchandler took over.

    cnbc.com
  2. Launch

    Debuted CustomerAI

    Ahead of SIGNAL 2023, Twilio introduced CustomerAI, coupling large language models with Segment customer data across its engagement platform.

    businesswire.com
  3. Acquisition

    Completed $3.2B acquisition of Segment

    Twilio closed its all-stock purchase of the market-leading customer data platform, which became a division of Twilio.

    twilio.com
  4. Acquisition

    Completed acquisition of SendGrid

    The all-stock deal for the leading email API platform, announced at about $2B in October 2018, was worth roughly $3B at close.

    twilio.com
  5. Milestone

    IPO on the NYSE at $15 per share

    Twilio listed as TWLO, raising $150M on 10 million shares; the stock closed its first day at $28.79, up roughly 90%.

    techcrunch.com
  6. Funding

    Series E — $130M led by Fidelity and T. Rowe Price

    The pre-IPO round added Altimeter Capital and Arrowpoint Partners plus strategic investors Amazon.com and Salesforce Ventures.

    techcrunch.com
  7. Acquisition

    Acquired Authy

    Twilio bought two-factor authentication service Authy, its first acquisition, adding phone verification and 2FA APIs to the platform.

    techcrunch.com
  8. Launch

    Twilio Voice API public debut

    TechCrunch covered the launch of the company's first product, a cloud API for making and receiving phone calls in a few lines of code.

    techcrunch.com
  9. Founded

    Founded in San Francisco

    Jeff Lawson, Evan Cooke and John Wolthuis founded Twilio to let developers embed telephony in software through pay-as-you-go APIs.

    en.wikipedia.org

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