<div>
  <ul>
    <li>
      <p>
        Orum, a conversational intelligence platform, raised USD 22 million in a Series B funding round led by Tribe Capital, with participation from Craft Ventures and Unusual Ventures. The round follows its 
        <a href="https://sp-edge.com/updates/4544">
          USD 25 million Series A funding in July 2021,
        </a>
         when the firm was valued at USD 125 million. Since then, the platform's valuation is estimated to have tripled.
      </p>
    </li>
    <li>
      <p>
        The company plans to use the funds for product development and a 40% increase in staffing, reaching 180+ people (mainly in product, and engineering).
      </p>
    </li>
    <li>
      <p>
        <b>Analyst QuickTake:</b>
         Due to the competitive advantage that AI-powered solutions give sales teams, it appears that investor interest has skewed toward platforms that automate conversational and sales workflows. Similar to Orum, a number of rival platforms have recently raised funds, including Winn.AI, which raised 
        <a href="https://sp-edge.com/updates/13066">
          USD 17 million in a seed funding
        </a>
         round in September 2022, Jiminny, which raised 
        <a href="https://sp-edge.com/updates/12342">
          USD 16.5 million in a Series A funding
        </a>
         in August 2022, and Unique, which raised 
        <a href="https://sp-edge.com/updates/7267">
          EUR 5 million (~USD 5.62 million)
        </a>
         in December 2021.
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://www.orum.com/post/orum-series-b-funding">
      Press release
    </a>
    &nbsp;
  </p>
  <p>
    <a href="https://techcrunch.com/2022/11/02/orum-raises-22m-to-inject-ai-into-the-sales-prospecting-process/">
      TechCrunch 
    </a>
  </p>
</div>


All Updates

Orum raises USD 22 million in Series B funding

UK-based conversational intelligence solution Jiminny raises USD 16.5 million in Series A funding