Automated Proposal Writing Startup Autogenai Raises $39.5M From Salesforce Ventures And Others
Dec 06, 2023•over 1 year ago
Amount Raised
$39.5 Million
Investors
Blossom CapitalSpark CapitalSalesforce Ventures
Description
Fresh off its expansion in the U.S. that VentureBeat covered in October, AutogenAI earlier today announced it has raised a $39.5 million Series B funding round co-led by heavy hitters including Salesforce Ventures and Spark Capital, with contributions from Blossom Capital. That brings AutogenAI’s total investment to-date to $65.3 million.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech