RevSure.AI Raises $10 Mn To Help Companies Build Revenue Funnels

AI-enabled pipeline acceleration startup RevSure.AI has raised $10 Mn in its seed funding round. Neotribe Ventures and Innovation Endeavors co-led the seed round, while Operator Collective and Correlation Ventures were also participants.

Following the funding round, Neotribe’s partner Alex Salazar will join RevSure’s board of directors.

The additional funding will allow RevSure.AI to deepen investments in product, engineering and AI technology and resources, scale customer acquisition and double down on its go-to-market strategy.

Founded in 2021 by Deepinder Singh Dhingra, RevSure.AI helps marketing, revenue, sales and leadership teams predict, generate and accelerate their pipelines. RevSure’s solution offers insights such as GTM data graphs, pipeline projections, AI-based recommendations for project pipelines and comparison of marketing and sales funnels to drive revenue growth.

In the end, the startup’s solutions help enterprises build holistic revenue funnels.

Speaking on the fundraise, Dhingra, who is also the CEO of RevSure.AI, said, “Adding AI-based predictive insights into pipeline effectiveness and health will allow companies to focus on predictability for outcomes, acceleration to revenue and effectiveness or quality and efficiency.”

Alex Salazar, a partner at Neotribe Ventures, said, “We’re thrilled to be leading the expansion of RevSure’s seed round as their ability to accurately predict pipeline value from all the leads marketing generates is creating an opportunity for them to become the de facto system of engagement for demand gen teams.”

Off the back of the surging popularity of AI, many startups from this segment have been at investors’ focus. On Tuesday (June 6), Course5 Intelligence announced raising $53 Mn in a funding round. 

In May, Microsoft-backed Builder.ai raised $250 Mn, as Indian startup funding during the month reached $1 Bn, up 15% month-on-month. Other recent funding activity in AI-based startups included SwitchOn’s $4.2 Mn round in April and Entropik’s $25 Mn round in February.