Zomentum

Zomentum is a sales collaboration platform for managed service providers to bring their entire sales process under one space. The platform provides an end-to-end solution to help customers shorten sales cycles and engage with customers in a more personalized manner using AI and data science. Its largest customer base is in the US (around 80% of total customer base) while it also sees demand for its product in the UK, Europe, Australia, and New Zealand.

In June 2022, the company launched Zomentum PartnerAlign, a partner management solution that aims to integrate SaaS vendors into the partners’ sales cycle via the Zomentum platform.

Funding and financials

In February 2021, the company raised USD 13 million in a series A funding round from existing investors Elevation Capital, Accel, and Greenoaks Capital. The round also included participation from Eight Roads Ventures. The round follows Zomentum’s USD 4.1 million seed funding in July 2020 and brings total funding to USD 17.1 million. The fresh capital will be allocated toward  geographic expansion and product development. 

The company experienced 30% month-on-month growth since its last funding round in July 2020.