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Monthly News Summary (April 2023)
Sales Engagement Platforms
Apr 28, 2023
Sales Engagement Platforms

Sales Engagement Platforms

Apr 28, 2023

Monthly News Summary (April 2023)

Partnerships
Product updates
Funding

  • Customers.ai raised USD 4.99 million in a Series A funding round led by ScOp Venture Capital with participation from New York Angels and Beyond Angels to boost growth and widen its operations. (April 5, 2023; Company Press Release, FinSMEs)

  • SetSail raised USD 11 million in funding with participation from Zoom Ventures. The company also developed a data infrastructure that enables salespeople to be paid based on their position in the sales process and has introduced new capabilities for users to ask the system questions in natural language and receive SQL query-based answers. (April 6, 2023; TechCrunch)

  • Patri raised USD 2.4 million in a funding round led by Kickstart Fund with participation from Summit Capital, Capital Eleven, and Peak Capital. The company also announced the launch of RevFit AI and AI-powered deal management solution and plans to launch in the near future its ICP Engine API to improve customer profile fit. (April 11, 2023; Company Press Release, TechBuzz News)

  • Kluster raised USD 5 million in a Series A funding round led by Foresight Group with participation from SuperSeed to expand its go-to-market team and invest in product development. Kluster aims to enter the US market in 2023 and 2024 and intends to hire executives as part of its expansion plans. (April 25, 2023; The SaaS News)

  • Levitate raised USD 14 million in a growth funding round led by Bull City Venture Partners with participation from Tippet Partners, Protagonist, and Duke Capital Partners to accelerate the growth of its platform, which is designed to help relationship-based businesses. (April 25, 2023; VC News Daily, FinSMEs)

  • Ctrl raised USD 9 million in a funding round led by  LocalGlobe with participation from Earlybird, Dig Ventures, and Jibe Ventures. The funds will be used for expansion and scaling efforts, which include the launch of the full beta version of Ctrl's platform. (April 27, 2023; TFN)  

Partnerships

  • Orum partnered with Modigie, a B2B sales solution provider, to improve sales productivity by using Modigie's Last Mile Intelligence and Dynamic Data Validation features, leading to more effective conversations and higher deal-closing rates. (April 4, 2023; Benzinga)

New product 

  • Clari introduced a new generative AI solution called RevGPT, which is integrated into the Clari Revenue Platform, to offer sales teams prescriptive insights and actions. (March 29, 2023; Company Press Release)

  • Showpad launched automated question-based analytics and insights dashboards that provide customers with answers to key sales enablement questions and actionable insights based on relevant context. (March 31, 2023; MarTech Cube)

  • Outplay introduced new features to its platform, including a sales prospecting database, inbound conversion and scheduling of sales leads, and conversational intelligence to help prioritize leads, coach reps, and handle objections. (April 25, 2023; Destination CRM)

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