AI Sales Platform Raises $5.5M In Seed Funding

Published: April 4, 2024

Sifthub, an AI platform for sales, raised $5.5 million in a seed funding round led by Matrix Partners India and Blume Ventures, with participation from additional investors. Sifthub plans to use the capital to innovate its technology to help sales teams discover knowledge and generate responses to customer needs immediately.

The company’s AI platform is designed to provide one-click integrations with various workplace apps — including customer relationship management systems, content repositories, knowledge bases and more — to bring all information into a single hub. Using RAG technology and large-language models with industry-specific knowledge training, SiftHub seeks to help companies generate personalized responses with zero hallucinations

“After speaking to more than 200 leaders, it dawned on me that it’s completely unreasonable to expect sales and pre-sales professionals to memorize all the ins and outs of the product in order to be able to respond to clients with complex technical details,” said Manisha Raisinghani, Founder of Sifthub, in a statement. “Trying to find up-to-date accurate information when it is scattered across Slack, Gmail, Drive, HubSpot, Confluence and more is incredibly difficult. The fact that sales spends only 30% of their time selling cries for a change — and that’s where our platform comes in.”


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Posted in: Financial News

Tagged with: SiftHub

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