Avarra raised $8M in a Series A funding round led by Lightspeed Venture Partners to launch an AI-based avatar sales training application.
Oct 03, 2024•11 months ago
Amount Raised
$8 Million
Round Type
series a
Investors
John W. ThompsonFirsthand AllianceGtm FundLightspeed Venture Partners
Description
Avarra has raised $8 million to develop its first AI-avatar-based enterprise application aimed at training sales professionals. The funding, led by Lightspeed Venture Partners, will enhance Avarra's simulation platform, leveraging AI to provide in-depth coaching for sales teams.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers