HomeUSA11x Raises $24M in Series A Funding

11x Raises $24M in Series A Funding

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11x

11x, a San Francisco, CA-based AI startup transforming the modern workforce with autonomous digital workers, raised $24M in Series A funding.

The round was led by Benchmark, with participation from Quiet Capital, SV Angel, Abstract Ventures, Lux Capital, Operator Partners, Visionaries, Activant, HubSpot Ventures, Project A, 20VC, 20Growth, and 20Sales.

The company intends to use the funds to accelerate the development of AI-Powered digital workers and expand global footprint.

Founded in 2022 by CEO Hasan Sukkar and also led by CTO Prabhav Jain, 11x is developing AI-powered digital workers that autonomously execute workflows in revenue teams. By automating roles traditionally performed by employees, these digital workers can be “hired” to handle tasks efficiently and at scale.

Earlier this year, 11x launched “Alice,” an AI-powered Sales Development Representative. Alice has gained significant traction by helping companies grow on autopilot by automating prospecting, multi-channel engagement, and personalization at scale. The recent launch of “Jordan,” an AI phone rep focused on inbound lead qualification, has already received interest from businesses aiming to streamline their “speed to lead” processes.

FinSMEs

20/09/2024

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