Monday, September 26, 2022
HomeInsightFunding Alert RevSure.AI raises $3.5 mn in Seed Round

[Funding alert] RevSure.AI raises $3.5 mn in Seed Round

Artificial intelligence-backed sales pipeline readiness company RevSure.AI has raised $3.5 million in seed funding round from Innovation Endeavors, with participation from angel investors Katrin Ribant, Rick Scanlon, and Sharath Keshava Narayana.

Artificial intelligence-backed sales pipeline readiness company RevSure.AI has raised $3.5 million in seed funding round from Innovation Endeavors, with participation from angel investors Katrin Ribant, Rick Scanlon, and Sharath Keshava Narayana.

RevSure.AI was founded in 2021 by Deepinder Singh Dhingra, It is building a sales pipeline preparation solution for B2B software as a service (SaaS) companies.

Its solutions provide end-to-end visibility into a customer’s sales pipeline, and are aimed at improving pipeline readiness for B2B companies.

Read also – [Funding alert] Wealthtech Startup Liquide raises $ 2.2 mn in Pre-Seed Round

Its sales pipeline solution will be launched and made available in September this year.

“B2B companies are struggling with driving predictable revenue growth that requires a combination of pipeline generation and pipeline conversion. While there are revenue intelligence tools for pipeline conversion and sales forecasting, intelligence for pipeline generation has been an afterthought. This impacts all revenue teams – Marketing, SDRs, and Sales that drive the pipeline generation journey. An unpredictable pipeline leads to unpredictable revenue generation. We want to address this gap that urgently requires a solution – especially in a slowing market. Sales Pipeline Readiness is the missing link in driving predictable & profitable revenue growth and Pipeline health needs to be on every revenue leaders’, CEO’s, and Board’s agenda,” said Deepinder Singh Dhingra, founder and CEO of RevSure. “

“While the entire sales tech stack and revenue intelligence ecosystem has continued to evolve over the last decade, it is still in great need of integration and insights necessary for today’s sales, marketing and revenue teams to be successful. We are thrilled to be leading the seed round of RevSure as it launches out of stealth to help solve one of the stickiest revenue problems yet to be addressed – sales pipeline generation intelligence,” said Harpinder “Harpi” Singh, Partner at Innovation Endeavors. “

Read also – [Funding alert] Servify raises $65 mn in Series D round

“A nightmare scenario is scrubbing sales pipelines at the start of the quarter, then discovering two days later the pipeline has taken a 40% haircut and there’s not enough coverage. With increasing economic uncertainty confidence in the sales pipeline has never mattered more. With RevSure, sales teams will always know the reality of their pipelines and that will become a source of comfort and not of concern. RevSure provides the insights to go from pipe dream to a confident and predictable pipeline,” said Barry Sowerwine, former SVP Sales of Tableau Software.

About RevSure

B2B companies are struggling with driving predictable growth, a combination of pipeline generation and pipeline conversion. While there are revenue intelligence tools for pipeline conversion and sales forecasting, intelligence for pipeline generation has been an afterthought. This impacts all revenue teams – Marketing, SDRs, and Sales that drive the pipeline generation journey. An unpredictable pipeline leads to unpredictable revenue generation. Sales Pipeline Readiness is the missing link in driving predictable & profitable revenue growth, and Pipeline health needs to be on every revenue leader’s, CEO’s, and Board’s agenda.

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