Sybill, a Mountain View, CA-based provider of an AI assistant designed for sales teams, raised $11m in Series A funding.
The round was led by Greycroft, with participation from Neotribe Ventures, Powerhouse Ventures, and Uncorrelated Ventures, along with angels like Ashish Gupta, Kathleen Estreich, Bryce Winkelman, Tanuj Thapliyal, and many others.
The company, which has raised a total of $14.5m, intends to use the funds to expand operations and its business reach.
Led by Gorish Aggarwal, Co-founder & CEO, Sybill has created an AI assistant which enables sales teams to automate and streamline tasks such as taking meeting notes, generating call summaries, and drafting follow-up emails. The system understands the details of B2B sales calls – both from what is being said and how the buyers react non-verbally. Then, it combines it with the deal context and buyer information available online to craft insightful notes, clones the seller’s voice to draft relevant follow-ups, writes process-aware CRM updates, summarizes information around buyer intent, and shares information with GTM and product teams for visibility and forecasting.
Over the last 18 months, the company grew revenue 15X, and tripled headcount. Today, they serve over 500 customers.
FinSMEs
01/08/2024