Funds for Sales Intell Firm Revenue Grid

In the US, revenue intelligence platform Revenue Grid has raised $20m in a Series A round of funding, which it will use to scale growth in the Ukraine and US, and further develop its platform with the addition of AI-based features. Additionally, SAP CX exec Bob Stutz has joined the Board.

Founded as Invisible.io and re-branded as Revenue Grid last year, the company auto-captures CRM data, visualizes pipeline / team activities, and provides sales teams with step-by-step guidance to meet company requirements. Its approach combines customer journey data and sales team processes and playbooks, allowing companies to find and fix gaps in the sales process, and measure the impact that changes have driven.

Funding was led by W3 Capital, with participation from ICU Ventures and existing investors. Steve Wadsworth, Partner at W3 Capital, comments: 'What has impressed us the most about Revenue Grid is their level of technology and product advancement and their innate understanding of the sales and revenue functions within organizations. Revenue Grid has already developed the solutions that the market is just now starting to look for'.

Separately, SAP President of Customer Experience Bob Stutz (pictured) has joined the Revenue Grid Board. He previously served as CEO of Marketing Cloud, Chief Analytics Officer at Salesforce, and Corporate VP for Microsoft's Dynamics CRM. As a member of Revenue Grid's Board, he will help shape the product roadmap, drive growth, and expand market presence.

Web site: www.revenuegrid.com .