BoostUp.ai, a revenue intelligence and operations platform, secured $28.5 million in Series B funding, bringing its total capital raised to more than $40 million. The round was led by NGP Capital with existing investors Canaan, Emergent and BGV, in addition to CROs and RevOps leaders from various companies.
BoostUp is designed to help revenue teams harness data from dozens of sources to drive pipeline and forecast accuracy and sales process standardization. The company plans to use the funding to advance its product roadmap and innovate its forecasting capabilities, mobile collaboration, expanded integrations, partnerships and enterprise solution readiness.
"Digitization of sales, the RevOps movement and remote hybrid work has triggered a huge need for top-line impacting revenue platforms,” said Sharad Verman, Co-founder and CEO of BoostUp, in a statement. “BoostUp is on a mission to empower revenue teams with data in an intuitive ‘front-office’ platform built on top of our widely integrated revenue data warehouse. This is just the beginning of the revenue tech category. Our culture of deeply partnering with our customers has helped us innovate faster than the market and made us the momentum leader in the RO&I category. We didn't set out to be the first, but we are setting out to be the best in creating world-leading products and customer experiences."