Neotribe Ventures and Innovation Endeavours led a seed round of USD 10 million for RevSure.AI, software-as-a-service (SaaS) company. Other investors who took part in the round included Operator Collective and Correlation Ventures.
Revsure, a US-based startup with a Bengaluru office, said in a statement that the money will be used to improve its product, engineering, and artificial intelligence (AI) activities, as well as scale client acquisition and focus on its go-to-market strategy.
Revsure, which was founded in 2021, provides intelligence to businesses in order to improve marketing and sales productivity. According to the firm, it gives real-time, AI-powered insights to identify bottlenecks and makes recommendations on where to prioritise efforts to optimise returns on investment, giving leaders pipeline clarity. So far, it has served a number of worldwide companies, including BigID, Zeotap, and SnapLogic.
The startup has raised USD 3.5 million in a seed round in August last year. The funding was led by Innovation Endeavors, along with key angel investments from Katrin Ribant, Rick Scanlon, and Sharath Keshava Narayana.