Home Insight FUNDING NEWS- Newly Funded Startups 2024 OrbitShift Secures $7 Mn Funding Led by Peak XV’s Surge, Stellaris...

[Funding News] OrbitShift Secures $7 Mn Funding Led by Peak XV’s Surge, Stellaris Venture Partners

OrbitShift, a sales intelligence startup that is powered by artificial intelligence, has secured $7 million in a seed-funding round sponsored by Stellaris Venture Partners and Peak XV Partners’ Surge scale-up program.

The proceeds will be allocated to the expansion of the company’s consumer base and presence in the United States through increased investments. Additionally, OrbitShift intends to expand its product line by investing in its technology and product teams.

This is OrbitShift’s second institutional funding, following pre-seed funding of $1.5 million in 2023 from Stellaris Venture Partners and other angel investors. The total funds raised to date amount to $8.5 million.

Read also – Asaya Secures $1.5 Mn Funding from OTP Ventures and Others

OrbitShift is a comprehensive platform that enables the entire sales ecosystem, including pre-sales, sales operations, and marketing insights, for technology and IT services companies. The platform is predominantly designed for large enterprise customers with users in the United States, European Union, and Asia Pacific, and it utilizes purpose-built models and large language models.

OrbitShift’s suite of products includes accountOS, rfpOS, and pitchOS, which caters to the full sales lifecycle. Their users are large enterprise customers that have users based in the US, EU, and APAC.

OrbitShift operates on a subscription-based model, charging clients based on the duration of the agreement and numerous parameters, including the number of users and accounts created.

Saurabh Mishra, co-founder and chief executive, OrbitShift, said: “We are at an interesting juncture, where we have seen phenomenal traction over the last 18 months with some of the leaders in the industry being our clients,”

About OrbitShift

Founded in 2022 by Swapnil Saykar and Saurabh Mishra, OrbitShift is an AI operating system to transform consultative sales motion OrbitShift is a one-stop platform enabling the entire sales ecosystem with account insights, RFP/RFI response generation, actionable recommendations, account planning, and targeted content generation, thereby driving co-ordinated GTM motion.

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