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Genesy Secures $5.1M to Revolutionize B2B Sales with AI-Powered Agents

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Genesy has announced that it has closed a €5 million seed funding round. This funding is proof that the field of AI-driven solutions for streamlining and optimizing B2B sales processes is gaining more confidence.

Genesy Secures $5.1M to Revolutionize B2B Sales with AI-Powered Agents
image credit: Genesy

About the Company

Founded in 2023 and operating from offices based in Madrid and Barcelona, Genesy has quickly established itself as a trailblazer in the usage of artificial intelligence to revolutionize B2B sales operations. The company offers AI-based digital sales agents that are designed to autonomously identify, qualify, and engage potential clients, thereby substantially enhancing sales team productivity and reducing their operating costs.

Read also: Pipe17 Secures $15.5M to scale AI-Powered Composable Order Operations

Funding Details

The €5 million seed round is led by Samaipata, a pan-European venture capital firm known for focusing on the most promising digital businesses with network effects. Existing investors, KFund and Itnig, also join this round. This deal stands out because it is one of the biggest investments in generative AI-native companies led by a Spanish venture capital firm to date.

Strategy Goals

Following the successful intake of the new capital, Genesy stated a number of strategy goals.

  • Technology Integration: The company aims to improve its AI capabilities so that it would be able to create the world’s first multilingual sales agent that can sell products and services worldwide.
  • Team Growth: Genesy intends to double the size of the company, from over 20 employees to around 40, as it expands on the growth and development initiatives.
  • International Expansion: The company seeks to expand into strategic markets, such as the United States, United Kingdom, Germany, Italy, France, and the Netherlands, to expand its global reach.

Technological Innovations

Genesy’s platform leverages cutting-edge AI technologies to automate several aspects of the sales process:

  • Data Aggregation: The AI agents aggregate high-quality data from multiple sources to build comprehensive profiles of potential clients.
  • Lead Qualification: Automated systems classify and rank the leads according to predefined parameters so that sales groups focus on the high-potential prospects.
  • Smart Workflows: The platform forms intelligent automated workflows to help smoothen sales processes and streamline them to attain efficiency.
  • Meeting Scheduling: AI-driven agents schedule meetings autonomously, thus offloading many administrative hassles from sales personnel.

Also, Genesy has developed a proprietary AI voice sales call system. In addition, it developed such a series of tools that would enhance sales productivity.

Read also: Labviva has raises $25M to boost AI-Powered Life Sciences Procurement

Market Position and Competition

Genesy operates in the fast-changing AI-driven sales solutions market. It faces competition from other startups and established companies that provide AI tools for sales automation. However, its focus on creating multilingual AI sales agents and its rapid growth trajectory give it a competitive edge in the B2B sector.

Customer Base and Partnerships

Within nine months of its launch, Genesy has proven to be on a growth curve, helping clients like Factorial, Sequra, Red Points, and Metricool scale their sales processes. Its ability to connect more than 30 data sources and create proprietary AI technologies has been the hallmark of delivering value to its clients.

Read also: Innovaccer has raised $275M in Series F at valuation $3.2 billion.

Industry Impact and Future Prospects

Genesy leads the pack as a new digital workforce revolution due to its approach of automating B2B sales processes. The company, by offering AI-powered agents able to handle a number of business tasks, is to change the future face of sales operations in terms of efficiency and productivity globally.

Summary

€5 million seed funding round is now a big landmark for Genesy, and it is more than ready to enhance its technology, expand its team, and even reach new international markets and transform B2B sales through AI-driven solutions.

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