US-based contextual revenue intelligence platform BoostUp.ai has raised $6m in a Series A round of funding, which it will use to scale product development, meet market demand and support customer growth.
BoostUp.ai's platform ingests unstructured communications from e-mails, calendars, messages in Slack and Microsoft Teams, and call recordings and transcripts from Zoom, as well as customer support tickets and product usage data, to build a picture of customer accounts and prospects. It then applies natural language parsing, sentiment analysis and proprietary indexing on spoken and written keywords, to help companies to forecast more accurately and receive early warning signs of deals and account churn.
New funding has been led by Canaan Partners, with participation from Emergent Ventures and BGV Ventures, bringing the total raised to date to $14m.
The firm, which is led by Sharad Verma (pictured), co-founder and CEO, is online at www.boostup.ai .
All articles 2006-21 written and edited by Mel Crowther and/or Nick Thomas unless otherwise stated.