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Propense.ai raised $3M in a seed funding led by Harlem Capital for its AI-driven B2B cross-selling platform.

Mar 06, 2024almost 2 years ago

Amount Raised

$3 Million

Round Type

seed

MiamiSaasArtificial IntelligenceSoftware

Investors

Glass Family OfficeFlorida Opportunity FundNew Enterprise Associates (Nea Angel Fund)Operator CollectiveHarlem Capital

Description

Propense.ai has raised $3 million in its first round of seed funding led by Harlem Capital, with participation from Operator Collective, New Enterprise Associates (NEA Angel Fund), Florida Opportunity Fund, Glass Family Office, and individual investors. The funding will be used to advance the development of the platform's AI model and human-centered product, as well as for research in the legal market.

Company Information

Company

Propense.ai

Location

Miami, Florida, United States

About

Propense.ai is a SaaS platform that identifies new revenue streams for businesses, augmented with AI technology. Our B2B predictive sales intelligence model enables firms to streamline and maximize their cross-selling revenue by analyzing historical and market data points to reveal revenue opportunities hiding in plain sight. Propense.ai makes it easier for businesses to know what they should be selling to their clients next, effectively bringing the recommendation revolution to the B2B market.

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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