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Regie Secures $10M To Generate Marketing Copy Using Ai

Sep 28, 2022•almost 3 years ago

Amount Raised

$10 Million

San FranciscoSaasSoftwareCrmEnterprise Software

Description

Regie.ai, a startup using OpenAI’s GPT-3 text-generating system to create sales and marketing content for brands, today announced that it raised $10 million in Series A funding led by Scale Venture Partners with participation from Foundation Capital, South Park Commons, Day One Ventures and prominent angel investors. The fresh investment comes as VCs see a growing opportunity in AI-powered, copy-generating adtech companies, whose tech promise to save time while potentially increasing personalization.

Company Information

Company

Regie.ai

Location

San Francisco, California, United States

About

Regie.ai is a GPT-3-powered SaaS platform that automatically generates copy, stores it for reuse across teams, exports sequences to engagement platforms, and suggests copy improvements based on campaign results. Regie.ai’s product generates content for each step in a sales sequence, including subject lines, cold emails, value propositions, sequence flows, call scripts, LinkedIn blog posts, follow-ups, and more. By connecting directly to CRM platforms like Outreach.io and Hubspot, Regie.ai is able to evaluate how sales sequences perform and dynamically suggest improvements to the content library. Regie.ai replaces slow, ineffective, external copywriters and agencies that fail to make copy iterations based on hard data. Regie.ai’s 75+ SaaS customers include AT&T, Crunchbase, Sophos, Auth0, and more. Regie.ai was founded by Dr. Srinath Sridhar and Matt Millen. Dr. Sridhar was formerly the co-founder of BloomReach and Onera, and Millen formerly C-Level in sales, growth, and revenue across companies like Outreach.io, FLEXE, T-Mobile, Anthony Robbins Companies, Gateway Computers, and more. Regie.ai raised a total of $10M from Foundation Capital, Scale Venture Partners, South Park Commons, Day One Ventures, and angels like Sriram Krishnan (Kearny Jackson), Manik Gupta (CPO Uber), Raj De Datta (Founder/CEO BloomReach), and more. The company is headquartered in San Francisco, with a global employee base.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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