Bird Secures $450 Million in Debt Financing as Dutch SaaS Platform Restructures Around AI Messaging
Netherlands‑founded Bird (formerly MessageBird), a business communications SaaS platform, secured a $450 million debt package led by JP Morgan, Capital One and Citi. The financing will be used to give liquidity to shareholders rather than fund growth, as the company has cut its workforce from a peak of over 1,000 to 120 employees while repositioning around AI‑driven messaging services.