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Bristol-based Nesti raised €300k in a pre-seed funding round led by SFC Capital to enhance its engineering team and support growth for its generative AI video model platform.

09/30/24, 9:25 AM

Location

bristol

Money raised

€300,000

Industry

video

saas

artificial intelligence

Round Type

seed

Investors

Ben Kent, Richard Lane, Lee Durham, Richard Fitzmaurice, Sfc Capital

Nesti has secured €300k in a pre-seed funding round aimed at improving its outbound sales platform using generative AI video technology. The funding will assist in building their engineering team and accelerating growth and customer support in response to increasing demand for their offerings.

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Company Info

Company

Nesti

Location

bristol, england, united kingdom

Additional Info

Nesti is a platform that empowers sales development teams to meet their objectives using personalized outbound videos at scale. Their product incorporates generative AI video models to create unique, interactive prospecting videos, which have demonstrated significant improvements in sales conversion rates. The company aims to innovate video prospecting similarly to how Salesloft transformed email personalization. Nesti focuses on enhancing outreach efforts for a diverse clientele, including startups and established global firms.

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Trends

	Raised	Growth The data in the raised column shows reported funding for this location/industry over last 90 days. The data in the growth column indicates the % increase or decrease of the last 90 days vs. the previous 90 days. Please note: one or more large fundings, especially for a location/industry that doesn't historically receive much funding, can have a significant impact on the increase or decrease percentage.
artificial intelligence	$7.5 B	-65.9%
saas	$1.5 B	7.1%
video	$1.3 B	631.2%