Pepsales Raises $1.1 Million in Funding
Pepsales, a San Francisco, CA-based SaaS platform designed for sales teams, has raised $1.1 million in funding.
The round was led by Chiratae Ventures, with participation from several angel investors.
Chiratae Ventures is a technology venture capital firm based in Bengaluru, India, managing $1.1 billion in assets across 6 funds. Founded in 2006, the firm has built a robust portfolio of 130 funded companies has achieved 48 exits, and facilitated 3 IPOs. The firm operates at the intersection of technology, innovation, financial returns, ESG, and impact.
The company plans to use the funds for product development, expanding its team, and enhancing its marketing efforts.
Founded in 2023 by Ajay Singh and Abhinandan Sahgal, Pepsales provides AI-powered product demo automation software for B2B SaaS companies to create personalized and live product demos. The platform utilizes AI and machine learning (ML) to assist business-to-business (B2B) SaaS companies in crafting personalized product demos that resonate with potential customers. Currently operating in beta mode, Pepsales has 10 customers and aims to double down on its efforts in the US and India.
Funding Details
Company: Pepsales
Raised: $1.1M
Round: Unknown
Funding Date: September 2024
Lead Investor: Chiratae Ventures
Additional Investors: Angel Investors
Company Website: https://www.pepsales.ai/
Software Category: AI Product Demo