VC Fund Investments
B2B sales startup Revsure raises $10-M from Neotribe Ventures, Innovation Endeavors
RevSure.AI, a Palo Alto, California and Bengaluru-based software-as-a-service (SaaS) firm, has raised USD 10 million in a seed round led by US-based fund Neotribe Ventures and Innovation Endeavors and including Operator Collective and Correlation Ventures. The firm will use the funds to develop its product, to strengthen engineering, and artificial intelligence (AI) functions, besides scaling customer acquisition and focusing on its go-to-market strategy. Founded in 2021, Revsure helps enterprises improve marketing and sales efficiencies. It provides real-time, AI-powered insights to identify bottlenecks, and offers recommendations on where to prioritise efforts to maximise returns on investment. It claims to have serviced global firms, including BigID, Zeotap, and SnapLogic. Alex Salazar, a Partner at Neotribe and the founder and CEO of Stormpath (acquired by Okta), will join Revsure's board of directors The SaaS firm raised USD 3.5 million in a seed round in August last year. The funding was led by Innovation Endeavors, along with angel investments from Katrin Ribant, Rick Scanlon, and Sharath Keshava Narayan.
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