Exciting news for the RevSure team!
This significant milestone marks a crucial step forward in our mission to advance the effectiveness of pipeline generation for B2B companies. The funds raised will fuel our growth, expand our team, and further develop our innovative product offerings. We would like to express our gratitude to our investors, supporters, and dedicated team for their unwavering belief in our vision.
We are excited about this for a number of reasons, especially in a market where it’s so difficult to obtain additional funding. The biggest reason we are proud to share this news with you is that it shows how AI-Based Pipeline Acceleration resonates with venture capitalist firms and the market. Generative AI is a trendy topic currently, but few speak about contextual predictive AI and how it can change marketers' and revenue teams' daily work. Marketers are under constant pressure to defend their spend and show returns on any investment. With our model and contextual AI, they can proactively pivot their efforts to create and influence pipeline generation. Our investors recognize that there is a looming challenge in understanding how to accurately forecast pipeline and proactively impact your inputs into the pipeline. These investors are partnering with us to bring this problem to a larger market and are excited by the fact that we are the only company actively addressing pipeline forecasting and acceleration problems.
Another reason we are empowered by this additional investment is that seed-stage funding is currently down by 45% in 2023, compared to 2022. Investors are looking for more than innovative ideas, which is why our growing customer base and unique approach to this problem have given them the confidence to join the venture.
Recently, a customer said our customer service is unparalleled. We operate with a customer-first view, that their success is our success. These funds will allow us to deepen the AI that makes our customers successful while furthering our enablement efforts so they can use our platform easier. We are excited to bring this customer-first approach to a larger audience as we continue to grow our base of customers and users!
We are excited to celebrate our success as we close our seed funding. However, we are mostly looking forward to continuing to solve pipeline forecasting and acceleration problems!