SalesPredict Secures $1 Million in Seed Round and Co-Founder Gets Listed Among Top 35 Innovators of 2013


By: Ali Raza  |   August 28th, 2013   |   Business, News

SalesPredict, which offers patent-pending technology to disrupt B2B sales by utilizing web mining, has made it known on Wednesday, Augusts 21st that it has successfully gained $1 million in a seed funding round. The investment injection for SalesPredict was equally guided by RSL Venture Partners, AfterDox and Pitango Venture Capital. In addition to them some angel investors also took part in the seed round.

 

On this occasion, the CEO of SalesPredict, Yaron Zakai-Or said in a statement that, “Our customers are experiencing 50%-75% pipeline growth as a result of using our solution. It is rare to see a solution with an infinite ROI: installs in less than 15 minutes, brings value within 24 hours and contributes directly to the top line of our customers. All of the above happens without any customization or setup cost – it truly is a zero-time implementation.”

 

The General Partner at Pitango Venture Capital, Rona Segev-Gal said that, “As sales automation evolves, sales teams can no longer rely on human made processes for guidance. The vast amount of data requires the smart processing that SalesPredict provides. We are always looking for such exciting seed investment opportunities”.

 

SalesPredict service basically helps salespeople to decide what should be their main concern or priority, as the leads are full of information because they are based on social data, company’s own data and other sources. Thanks to the SaaS developed by the CTO and co-founder of SalesPredict’s, Dr. Kira Radinsky, who was formerly associated with Microsoft Research. In fact, Kira’s effort has been honoured by MIT Technology Review on Wednesday, August 21st, as her name was listed among the top 35 innovators of this year.

 

So it was a double treat for SalesPredict, as not only the company managed to secure some hefty fund in its seed round, but its co-founder was also credited for her work. Appreciating Kira, Pitango Venture Capital’s Rona said that, “It’s great to see Kira’s success, both with the company and in getting world-wide recognition for her work. Kira is a leading example for women entrepreneurs”.

 

The editor in chief and publisher, Jason Pontin said that, “Over the years, we’ve had success in choosing women and men whose innovations and companies have been profoundly influential on the direction of human affairs. Previous winners include Larry Page and Sergey Brin, the cofounders of Google; Mark Zuckerberg, the cofounder of Facebook; Jonathan Ive, the chief designer of Apple; and David Karp, the creator of Tumblr. We’re proud of our selections and the variety of achievements they celebrate, and we’re proud to add Kira to this prestigious list.”

 

Source: TechCrunch, SalesPredict

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