HomeUSABounti Raises $16M in Funding

Bounti Raises $16M in Funding

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Matt Cooley and Ashar Rizqi
Matt Cooley and Ashar Rizqi

Bounti, a San Jose, CA-based company which specializes in autonomous AI products for sales, raised $16M in funding.

The round was led by Google Ventures, with participation from Floodgate, Bloomberg Beta, Haystack, Octave Ventures, and MS&AD.

The company intends to use the funds to expand operations and its development efforts.

Founded by Matt Cooley and Ashar Rizqi, Bounti is introducing a full-stack, full-funnel agentic AI teammate platform, designed to enhance the efficiency and productivity of sales, marketing, and customer success teams. The system boosts sales team productivity by automating repetitive tasks, enabling more personalized and effective customer interactions.

The Bounti teammate takes a research-first approach, in which the details of a prospect company drive the outreach. Within ten minutes, users can have 500+ companies thoroughly researched for users, with buyers identified and personalized emails generated. Besides this AI augmentation model, customers can choose to hand off the entire prospecting function to Bounti to run with highly trained sales professionals.

Additionally, the company announced that Silicon Valley veteran Lew Cirne, founder of New Relic – acquired by Francisco Partners and TPG for $6.5 billion in November 2023 – has joined the board as its first independent member.

FinSMEs

13/09/2024

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