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Ai-Powered Competitive Enablement Platform Klue Lands $62M Led By Tiger Global

Dec 01, 2021about 4 years ago

Amount Raised

$62 Million

Vancouver

Description

Klue, an AI-powered competitive enablement platform, has raised $62 million in Series B funding led by Tiger Global, with participation from Salesforce Ventures. The Vancouver-based company combines intel collection capabilities with a modern approach to content distribution aimed at providing users with the insights needed to drive revenue and business impact.

Company Information

Company

Klue

Location

Vancouver, Washington, United States

About

The Vancouver-based company combines intel collection capabilities with a modern approach to content distribution aimed at providing users with the insights needed to drive revenue and business impact. The platform automatically gathers competitive data from public and private external sources such as the news and competitor web page changes, as well as data from internal teams through integrations with platforms like Slack, Highspot and Salesforce. The company will double down on its AI capabilities to make insight generation easier in order to unlock opportunities to expand its user base through new market development. The company has served nearly 400 enterprise clients and more than 110,000 users since its launch in 2017. The company wants to introduce deeper integrations with enterprise tools like Slack, Salesforce, Gong, Highspot and Gainsights. The company also sees a future where Klue will support smaller companies with a lighter self-serve product.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech