AI platform OrbitShift raises $7 million to expand product footprint
OrbitShift, an AI-native sales operating system, today announced $7 million in seed funding led by Peak XV’s Surge and Stellaris Venture Partners. Previously, OrbitShift had raised $1.5 million, bringing the total money raised to $8.5 million.
OrbitShift’s platform powers the entire sales ecosystem, including sales, pre-sales, sales operations and marketing teams, with account insights and actions, RFP/RFI response generation, key account planning and targeted pitch content generation, enabling a coordinated approach is being directed. to-market (GTM) movement.
Saurabh Mishra, co-founder and CEO, said: “We address the challenges that enterprise consultative sales and marketing teams face with an abundance of data, research reports and disparate tools that don’t fit their sales movements. Our AI-first, domain-centric approach has helped more than ten global companies, significantly improving their sales and marketing engines. This investment will strengthen our mission by expanding our product footprint and geographic reach.”
OrbitShift’s product suite includes accountOS, rfpOS and pitchOS, which address the entire sales lifecycle. Their users are large enterprise customers with users in the US, EU and APAC.
OrbitShift claims it has reduced research and sales planning time by 40-50 percent, accelerating activities such as customer contact, creating high-quality RFI/RFP responses, and developing impactful content for customer meetings.
Alok Goyal, partner at Stellaris Venture Partners, said: “We expect AI to transform all business functions. However, some functions, such as enterprise sales, require more judgment and are therefore more difficult to tackle with AI. Enterprise sales involves selling holistic solutions (a mix of products and services) with long sales cycles and multiple stakeholders. This complexity presents an opportunity to build an AI-native software company for generations, and we believe OrbitShift is poised to do just that.”
First print: June 20, 2024 | 4:21 pm IST