BoostUp.ai, a sales intelligence platform, raised USD 28.5 million in a Series B funding round led by new investor NGP Capital with participation from existing investors Canaan, Emergent, and BGV. The round follows its USD 22 million Series A funding round in April 2021, bringing the company’s total funding to USD 56.8 million.

The company intends to use the funds to deliver its road map for 2022. This includes 1) expanding its revenue operations and intelligence capabilities as well as strengthening its data integrations with 20+ platforms including Slack and Microsoft Teams; 2) developing its forecasting, mobile collaboration, and AI tools; and 3) entering into go-to-market strategy (GTM) and original equipment manufacturer (OEM) partnerships.

It also reported an annual recurring revenue (ARR) growth of 3x in FY2021, while its headcount increased to ~100.