Avarra, a San Mateo, CA-based enterprise avatar and AI-simulation company, raised $8M in Seed funding.
The round was led by Lightspeed Venture Partners with participation from GTM Fund, Firsthand Alliance, John W. Thompson and others.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO David Knight, Avarra delivers realistic 3D AI-avatars trained from web-meeting transcripts and best practice playbooks that accurately simulate customer sales calls. Reps join a Zoom meeting and can interact as if speaking to a real customer or prospect. The avatar sales coach then provides feedback based on the customer’s sales methodology and best practices. This gives sales professionals a safe and effective place to get what they need to be productive– cutting the time and cost of ramping up new hires, launching new products and rolling out best practices.
FinSMEs
03/10/2024