Sybill Raises $11M in Series A Funding to Enhance AI Sales Assistant
Sybill provides an AI assistant tailored for sales teams, automating tasks such as meeting notes, call summaries, follow-up emails, and CRM updates.
Company Name: Sybill
Location: Mountain View, CA
Sector: AI, Sales Technology
Funding Details: Raised $11 million in Series A funding, totaling $14.5 million to date.
Purpose of Investment: To expand operations and enhance the reach of its AI-powered sales assistant, which automates key sales activities and provides in-depth insights to sales teams.
Leadership: Led by Gorish Aggarwal, Co-founder & CEO.
Product and Innovation: Sybill provides an AI assistant tailored for sales teams, automating tasks such as meeting notes, call summaries, follow-up emails, and CRM updates. The assistant not only captures what is said during B2B sales calls but also interprets non-verbal buyer reactions, integrating this information with deal context and online buyer data to deliver valuable insights.
Investor Details: The funding round was led by Greycroft, with contributions from Neotribe Ventures, Powerhouse Ventures, and Uncorrelated Ventures. Notable angel investors include Ashish Gupta, Kathleen Estreich, and Bryce Winkelman, among others.
Company Growth: In the past 18 months, Sybill has achieved a 15X revenue increase and a threefold increase in headcount. The company now supports over 500 customers, leveraging its innovative AI tools to streamline and optimize sales processes across various industries.
Future Plans: Sybill aims to use the new capital to broaden its technological capabilities and market presence, continuing to advance its platform to meet the evolving needs of global sales teams.