Revolear Raises $6M in Seed Funding to Grow AI-Powered Deal Platform
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Revolear, an artificial intelligence (AI)-powered digital deal platform that connects buyers and sellers in the cloud, today announced that it has raised $6 million in seed funding. The round was led by Craig Ramsey, Mark Armanante, Young Sohn, Matt Wallach, and James Ramsey, who collectively founded Veeva and Vlocity, which was acquired by Salesforce for $1.5 billion.
The funding will be used to accelerate the development and adoption of Revolear’s platform, which helps businesses structure, propose, negotiate, and approve complex deals. The platform uses AI to automate many of the manual tasks involved in the dealmaking process, such as data gathering, analysis, and negotiation. This frees up sales teams to focus on building relationships with customers and closing deals.
“The pandemic has accelerated the shift to digital selling, and Revolear is well-positioned to help businesses succeed in this new environment,” said Raja Singh, founder and CEO of Revolear. “Our platform provides a single source of truth for all deal-related information, and it uses AI to automate many of the manual tasks involved in the dealmaking process. This frees up sales teams to focus on what they do best: building relationships with customers and closing deals.”
Revolear is currently available through a limited pilot program. Interested parties can contact Revolear for more information and join their mailing list for future updates.
About Revolear
Revolear is an AI-powered digital deal platform that helps businesses structure, propose, negotiate, and approve complex deals. The platform uses AI to automate many of the manual tasks involved in the dealmaking process, such as data gathering, analysis, and negotiation. This frees up sales teams to focus on building relationships with customers and closing deals.
Revolear was founded in 2022 by Raja Singh, who has over 20 years of experience in the software industry. Singh is a former executive at Veeva Systems, where he was responsible for leading the development of the company’s salesforce automation platform.
About the Investors
The investors in the seed round for Revolear are all experienced entrepreneurs and investors who have a deep understanding of the software industry. Craig Ramsey, Mark Armanante, Young Sohn, Matt Wallach, and James Ramsey collectively founded Veeva Systems and Vlocity, which were both acquired by Salesforce for billions of dollars.
This funding round is a significant validation of Revolear’s vision and the potential of its platform,” said Singh. “We are grateful to our investors for their support, and we look forward to using this funding to accelerate the development and adoption of our platform.”