Mountain View, California-based revenue operations and intelligence platform Revenue Grid has announced its latest Series A round of funding.
Leveraging AI, the company’s platform offers revenue insights as well as guided selling strategies. AI-based revenue signals help sales teams to identify opportunities and contact prospects based on outreach and opportunity risks. Automation of sales routines is another feature, as well as best practice guides and impact measurement.
The company counts the likes of Hilton, Western Union, Moody's, Trip Advisor, Red Cross, and Robert Half among its customers, with Revenue Grid saying its platform was used by 800,000 sales professionals daily.
Revenue Grid’s latest $20mn Series A round was led by W3 Capital, alongside ICU Ventures and existing investors.
"It is our mission to give companies an unbeatable competitive advantage by completely digitising their sales processes, and right now we are in the perfect position to expand globally and help companies transform their sales process," said Revenue Grid CEO Vlad Voskresensky. "We are bringing smarter AI to sales, but it goes beyond just that. It is quite literally shifting the sales tech stack from the 'view mode' to the 'do mode'."
The announcement also saw Bob Stutz, President of Customer Experience at SAP join the board of directors.
