Slintel Raises $20M in Series A Funding Round Led by GGV Capital

The SaaS Go-to-Sector Intelligence System Plans to Use This Funds To Grow Globally and Construct a Impressive, Trusted Market for B2B Sellers and Consumers

Press Launch

up-to-date: Jun 10, 2021 19:00 PDT

Slintel, a leader in B2B buyer intelligence, has lifted $20 million in Sequence A funding led by GGV Funds, a world venture money business that is recognized for its investments in prosperous corporations such as Airbnb, HashiCorp, Peloton, Poshmark, Slack, Square, StockX, and Desire. Current traders Accel, Sequoia Cash India, and Stellaris Venture Associates also participated in the funding spherical. 

B2B purchasers now are far more digital than ever, and customer intelligence is having about common profits and marketing intelligence as prospective buyers embark on sophisticated journeys online. It is believed that by 2025, 80% of all B2B getting will come about on digital channels. Slintel helps go-to-current market groups understand where by prospective buyers are in their journey, what their pain details are, their adoption of technologies, and churn data to get a 360-degree look at of the buyer.

The announcement will come shortly immediately after the firm reported that its revenue and buyer base has developed by over 5x in the final 12 months. Buying intent is the fastest-rising classification in the $24 billion gross sales and marketing intelligence room, and Slintel is just one of the speediest-escalating organizations in this room.

With the backing of GGV Funds, the business aims to set up by itself as a chief in this classification. “The Slintel group is delighted to welcome Hans Tung as its newest board member,” said Deepak Anchala, CEO and Founder of Slintel. “We search ahead to deepening our alternative to power-use situations throughout distinctive GTM features.”

Hans Tung, Managing Husband or wife at GGV Funds, was ranked at #3 in Forbes’ prestigious Midas Checklist this yr for the strides he built in the strategic investments landscape in 2020. When questioned about the financial investment, Hans mentioned, “With the global pandemic fully shifting the way organizations operate, B2B transactions have gone far more electronic than at any time ahead of. Within revenue teams are closing large-value, multi-million greenback offers when performing remotely, and items like Slintel are enabling corporations to do this by assisting them re-imagine their complete product sales method for present-day ecosystem.”

“The up coming huge wave in the company house is (the) use of AI to rethink procedures, and all AI at its main involves info,” claimed Alok Goyal, Husband or wife at Stellaris Venture Companions. “I am for that reason bullish on the total data stack, which includes info which is either proprietary or inferred data that is not uncomplicated to replicate. Slintel is in the second group. Their potential to forecast potent prospective clients is a fairly exclusive ability, and it is pretty simple to market owing to a direct correlation to (the) best line for their customers.”

“Slintel has a person of the ideal GTM engines that we’ve found in any startup, and the regularity with which the group has been ready to supply on their progress targets is commendable,” reported Prayank Swaroop, Companion at Accel. “We’re searching at a firm that is transforming the marketing and sales intelligence sphere as we know it, and we couldn’t be happier to be a element of their board,” he additional.

Slintel was launched in 2018 when Deepak Anchala and Rahul Bhattacharya realized that product sales companies desired to re-picture their processes in order to obtain much better performance and scale faster. Pinpointing companies utilizing classic, crushed-down parameters these types of as territory, dimension, marketplace, or equivalent providers is an inefficient endeavor that costs marketing and sales pros beneficial time, sources, and effort. To battle this, they designed a system that uncovers a variety of varieties of getting intelligence to make the process of figuring out higher-intent prospective clients a lot simpler, a lot more intuitive, and entirely info-driven. 

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Press Contacts
Rahul Agarwal
[email protected]
+91 953 550 0544

Supply: Slintel

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