Avoma is a sales automation tool that provides an Artificial Intelligence (AI) powered meeting assistant that facilitates meeting management, collaboration, and conversational intelligence for sales teams. The platform's features include templates, voice/video notes and transcripts, notes summary, and real-time insights. It also integrates with leading CRM tools, such as Salesforce, Pipedrive, and HubSpot, and popular video conference tools, such as Microsoft Teams, Zoom, and Bluejeans. As of December 2021, it served more than 300 companies.
It operates a subscription-based business model starting at USD 10 per month (per user) and also offers a freemium package.
Avoma claims its tools improve the productivity of sales teams by 30%. In December 2021, the company also reported a 400% YoY revenue growth over the last three years.
Avoma raised USD 12 million in a Series A funding round led by Headline in December 2021. The company has allocated the funds for product development and to increase its headcount 4x (from 15) in the next 12 months across key positions in North America and India.
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