[Funding alert] Factors.ai Secures $3.6 Mn led by Stellaris Venture Partners

Stellaris Venture Partners funded a $3.6 million for Factors.ai, a company that offers analytics software to business-to-business marketing teams. Among the angel investors were Vetri Vellore, Sreedhar Peddineni, and Khadim Batti.

Read also - [Funding alert] ReDesyn Secures INR 3.5 crore led by Real Time Angel Fund

“With our industry-leading solutions, we are poised to make a profound impact by facilitating efficient pipeline growth, bridging the gap between sales and marketing, and delivering value to our customers. We also plan to achieve profitability and expand our customer base,” said Swaminathan, cofounder and CEO of Factors.ai.

Read also - [Funding alert] Open Source Low-Code Startup ToolJet Raises Funding From Microsoft’s M12 Fund, GitHub Invest

Account intelligence, account-specific analytics, the overall sales funnel, and revenue attribution are just a few of the functions provided by Factors.ai. In order to maximise pipeline generation, it uses data to assist sales teams in targeting the right accounts, as reported by The Economics Times.com

About Factors.ai

In 2020, Srikrishna Swaminathan, Aravind Murthy, and Praveen Das founded Factors.ai, a tool that enables B2B marketing teams to analyse their varied client data and take quicker, more informed decisions. By using Factors, marketers can do away with data aggregation, manual analysis, and spreadsheet mistakes. Instead, our AI will find the fundamental causes of anomalies and highlight them so that they can be addressed right away.

Read also - [Funding alert] Actor Suniel Shetty Backs re-engineered tyre startup Regrip