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Automated Proposal Writing Startup Autogenai Raises $39.5M From Salesforce Ventures And Others

Dec 06, 2023about 2 years ago

Amount Raised

$39.5 Million

LondonInformation Technology

Investors

Blossom CapitalSpark CapitalSalesforce Ventures

Description

Fresh off its expansion in the U.S. that VentureBeat covered in October, AutogenAI earlier today announced it has raised a $39.5 million Series B funding round co-led by heavy hitters including Salesforce Ventures and Spark Capital, with contributions from Blossom Capital. That brings AutogenAI’s total investment to-date to $65.3 million.

Company Information

Company

AutogenAI

Location

London, England, United Kingdom

About

We build bespoke Language Engines unique to each of our customers. We collaborate on a Strategic Transformation Programme to deploy those Language Engines to deliver the benefits of producing and analysing compelling and compliant corporate content at scale.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech