Penny AI

Overview
News
Sales Engagement Platforms?
Product stageSegments
Expansion
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Sales workflow automation, Sales coaching
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Penny AI is a social sales enablement and learning platform that offers a comprehensive suite of products and services designed to empower social sellers. Key features include social sales enablement tools, AI-powered script generation for customized sales scripts, and learning and onboarding modules with personalized micro-learning experiences. The platform also supports prospecting with automated follow-up and contact management, customer care with enhanced CRM capabilities, and business intelligence for data-driven insights. In addition, Penny AI provides solutions for team care and collaboration, operational efficiency improvements, revenue acceleration programs to increase sales velocity, and robust security and integrations for enterprise system integration.

In November 2022, the platform also unveiled "Learning Solutions," a brand-new learning and onboarding solution that claimed to be the first in the industry to integrate microlearning into a social sales enablement platform. Moreover, the platform claimed to have employed one of the highest percentages of women engineers in all of Canada at 54%, whereas the industry average is below 30%.

Key customers and partnerships 

As of June 2022, the platform had served more than 100,000 consultants across 60 countries in 25 languages. 

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HQ location:
Vancouver BC CAN
Founded year:
2017
Employees:
1-10
IPO status:
Private
Total funding:
USD 31.1 mn
Last Funding:
USD 26.8 mn (Private Equity; Jun 2022)
Last valuation:
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Company profile
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