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Demoleap Raises $4.4 Million To Shift The Sales Process Towards Ai-Guided Selling Solutions

Aug 18, 2022•about 3 years ago

Amount Raised

$4.4 Million

Round Type

seed

Tel AvivSaasArtificial IntelligenceSoftware

Description

Demoleap, the only AI-powered live demo assistant and sales discovery platform empowering sales teams, today announced the completion of their $4.4 million seed round led by Bonfire Ventures and Differential Ventures with additional participation by 25madison, Ground up, and other key angel investors. Demoleap helps companies transition to an AI-guided selling process by allowing sellers to follow the sales process in real-time throughout the live demo to close more deals. Demoleap has experienced tremendous growth since its public launch in January, is powering thousands of demos a month, and increased its revenue by 500% in Q2 2022.

Company Information

Company

Demoleap

Location

Tel Aviv, Tel-Aviv District, Israel

About

Since launching out of stealth in January, the company has been running thousands of demos and has doubled customer growth every month TEL AVIV, Israel, Aug. 18, 2022 /PRNewswire/ -- To increase retention and effectiveness, Demoleap provides sales organizations and sellers supplemental material that reinforces what they've already been taught and allows them to practice their skills in real-time. "Demoleap is the best companion and tool a seller can have," said Itay Sinuani, CEO and co-founder of Demoleap. To learn more, visit: https://www.demoleap.com.About DemoleapDemoleap is the only AI-powered live demo assistant and sales discovery platform empowering sales teams available on the market. Demoleap is an Israeli-founded company with offices in Delaware, Israel, and Ireland backed by US investors and firms, such as 25madison, Ground Up Ventures, former Cisco CMO Blair Christie , Atrium Co-Founder Peter Kazanjy, Aforza CEO Dominic Dinard, Fourand CEO Chaim Lever, and David Magerman, managing partner and CTO at Differential Ventures.

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