Funding Galore: Nektar.ai raised $ 6 million, Zeroheight revieved $ 10 million and more
Nektar.ai, a product improving B2B sales productivity,raises $ 6 million in the second tranche of its seed funding
Nektar.ai is an AI-powered virtual sales assistant that improves the productivity of sales teams. Nektar intends to use the funding to accelerate product development and hire its core team across product, engineering, and GTM functions. The company hopes to solve the problem of distributed and remote teams working in data silos which causes disconnect in sales and marketing operations.
SaaS solution raised an additional $6 Mn in a seed funding round led by Facebook cofounder Eduardo Saverin’s B Capital, 3One4 Capital and Nexus Venture Partners. In November 2020, the company had opened up its seed funding round and raised $2.15 Mn from Nexus Venture Partners. With the latest investment, its total seed round has come to $8.1 Mn.
Zeroheight is a one-of-a-kind DesignOps platform that provides a unified place to document UX as well as design APIs so as to speed up UX delivery.
The $10M Series A funding round led by Tribe Capital, with participation from Adobe, Y Combinator, FundersClub and Expa, as well as angel investors including Tom Preston-Werner (co-founder of GitHub), Bradley Horowitz (VP Product at Google), Irene Au (built and ran UX design for Google) and Nick Caldwell (VP Engineering at Twitter).
The money will be used to shift based to San Francisco, USA and grow the team to deliver faster. The company also aims to solve new and unique DesignOps challenges. The money will also go down serious sales and growth marketing efforts.
Goodmeetings, a provider of video and AI-based platform for remote selling, has raised $1.7 million in a pre-Series A funding round. The solution assists sales teams in performing better using essential analytics after video sales calls and helps sales managers gather useful insights from the conversation and take data-driven and informed decisions in their subsequent sales calls.The funds raised will be used to build technology and scale in the US in the next 12-18 months.
Investment firms like FortyTwo.VC, Adept Ventures, 100X Entrepreneurs and Atrium Angels are among those who participated in this round. Other founders, including Jay Shekhar Sharma, founder of Paytm; Kunal Shah, founder of CRED; Sujeet Kumar, founder of Udaan; Piyush Shah, co-founder, InMobi Group and Krishna Kumar, founder of Simplilearn, also took part in the round.
Zeelo, Europe's celebrated smart commuter mobility platform for organizations, raised $12M for accelerated US, UK, Europe and Africa expansion. The company collaborates with employers, schools and fleet operators to offer affordable bus programs that provide a viable alternative to driving a car, in order to support staff recruitment and to reduce CO2 emissions from commuting.The SaaS solution recorded a growth of over 600% during the pandemic. The platform attained regional profitability by extending support to businesses in logistics and manufacturing industries, as well as post-pandemic hybrid workplaces and schools. It enables easy access for people in car-dependent areas to reach work and education by sustainable transportation.
The round was led by ETF Partners, and also saw participation from InMotion Ventures and various angel investors including Neil Smith, Founder of Transit Systems.
Bluecore, a marketing platform for retail brands to personalize customer experience, raised $125 million at a $1 billion valuation. The strong Bluecore tool matches first-party shopper data with product interactions, enabling them to design personalized mass-marketing communications through email, ecommerce platforms, and other digital ad channels. The company solves how a retail brand can improve repeat customer metrics. Bluecore uses real time data and personal data to grow a user’s purchase frequency, cart size, and conversions through personalization.
The cold chain marketplace startup, Celcius, has raised $500,000 in a seed funding round with Mumbai Angels Network.
The Mumbai-based startup will be utilizing the freshly infused capital to increase its reach across different cities as well as remote areas in the country aside from expanding its team and setting up headquarters in other cities to provide better localized cold chain solutions. Celcius also aims to expand its offerings by including a Transport Management System (TMS) and Warehouse Management System (WMS), thereby making the company a one-stop solution for all cold chain requirements.