Bounti, a San Jose, CA-based provider of AI-powered sales tools, has emerged from stealth and raised $16 million in seed funding.
Investors
The round was led by Google Ventures, with participation from Floodgate, Bloomberg Beta, and others.
Google Ventures (GV) is a venture capital firm that supports innovative founders moving the world forward. They invest across the life sciences, consumer, enterprise, crypto, climate, and frontier technology sectors. Since 2009, GV has managed over $10 billion in assets with 400+ portfolio companies. It operates from offices in the Bay Area, Cambridge, New York, and London.
Silicon Valley veteran Lew Cirne, founder of New Relic, has joined the board as the company's first independent member.
Bounti Use of Funds
The company will use the funding to invest aggressively in expanding its software platform and human-in-the-loop services.
About Bounti
Founded by Matt Cooley and Ashar Rizqi, Bounti provides AI-powered tools designed to enhance the work of sales, marketing, and customer success teams. It offers a full-stack, full-funnel platform that introduces AI "teammates" to assist with tasks like prospecting and outreach. These AI-powered agents automate research, personalize customer engagement, and reduce the time spent on mundane tasks, allowing sales teams to focus on more meaningful, human connections. Bounti is dedicated to transforming go-to-market efforts through innovative AI products.
Funding Details
Company: Bounti Labs Inc.
Raised: $16.0M
Round: Seed Round
Funding Date: September 2024
Lead Investor: Google Ventures
Additional Investors: Floodgate, Bloomberg Beta
Company Website: https://www.bounti.ai/
Software Category: AI Sales
Source: https://www.prnewswire.com/news-releases/google-ventures-backs-bounti-for-autonomous-ai-for-sales-leading-16-million-in-funding-302246750.html