Founded in 2020, Singapore’s Nektar.ai is a sales workflow automation platform that gathers data on customer interactions from emails, calendars, CRM tools, LinkedIn, and WhatsApp for sales teams. The platform features sales playbooks, predictive lead scoring, sales performance metrics, and integrations with tools such as Salesforce, Google Workspace, Microsoft Outlook, Zoom, and Slack. In September 2022, Nektar.ai exited stealth mode and launched its platform after a period of 2 years during which was beta testing its product with 200 clients in India and the US. Firms that tested its product claimed to experience a 30% to 35% pipeline growth and an 18% to 22% increase in deal velocity.
A unique aspect of the firm is its focus on Sales productivity by preventing data leakage from CRM platforms. By providing a unified view of CRM’s through integrations, it claims that its solutions prevent data leakage from a CRM and have a 95% accuracy for capturing and syncing revenue data across the customer lifecycle.
Key customers and partnerships
As of September 2022, the firm had 1,000+ users across 200+ firms providing solutions for revenue, sales, and marketing teams. Firms using its solutions include analytics and e-commerce firms including Lily AI, MoEngage, Yellow.ai, Vymo, and Observe.ai
Funding and Financials
In August 2021, the company raised USD 6 million in an extended seed funding round led by B Capital Group. The round followed its USD 2.1 million seed funding round led by Nexus Venture Partners in November 2020. The company earmarked the funds for product development, establishing a go-to-market team focused on the US, and recruiting across product and engineering teams.
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