QorusDocs, a Bellevue, WA-based proposal management software company, raised $10M in funding.
The round was led by WestRiver Group.
The company intends to use the funds to address customer demand for its proposal management software in growing verticals, such as legal, IT services and staffing.
Led by CEO Ray Meiring, QorusDocs provides AI-powered proposal development software that automates the creation of strategic sales responses. Personalized for each prospect, proposals are professional, on brand, and error-free, and include content proven to lead to win rates. The software leverages Natural Language Processing to further streamline the RFP response process for organizations by scanning questions and selecting the most important and relevant answers for a specific opportunity.
The company recently established key partnerships with Highspot and Intapp and integrates with Salesforce and Microsoft, expanding its presence into numerous industries, including law, accounting and management consulting, and IT services.
FinSMEs
05/10/2022