DocketAI, a San Francisco, CA-based startup transforming revenue enablement through AI-driven solutions, raised $15 million in Series A funding.
The funding round was raised in July 2024, bringing its total funding to $20.3 million.
Investors
The round was led by Mayfield and Foundation Capital, with participation from additional investors.
Mayfield is an early-stage venture capital firm with a people-first philosophy and $3 billion under management. With 550+ investments, 120 IPOs, and 225+ acquisitions, it partners with founders to build iconic enterprise, AI-first, deep-tech, and health-focused companies.
Foundation Capital, founded in 1995, is an early-stage venture capital firm managing $3 billion in assets under management (AUM). Based in Palo Alto, California, the firm has supported 34 IPOs/ICOs and 80+ acquisitions. It focuses on enterprise, applications, data platforms, security & privacy, infrastructure, fintech, consumer, and cryptocurrency sectors.
DocketAI Use of Funds
The company aims to scale its AI-powered platform to enhance productivity for revenue teams, especially in B2B sales.
About DocketAI
Founded by Arjun Pillai and Anoop Thomas Mathew, DocketAI provides an AI-powered platform designed to enhance revenue enablement for B2B sales teams. It acts as a virtual Sales Engineer, and it leverages generative AI and proprietary Sales Knowledge Lake™ technology to deliver instant, accurate sales insights and automate tasks like document creation (e.g., RFPs, RFIs). The platform seamlessly integrates with popular tools such as Gong, Sharepoint, Google Drive, Intercom, Microsoft Teams, Slack, Zendesk, Web URLs, and over 100 other knowledge sources.
Funding Details
Company: Docket, Inc.
Raised: $15.0M
Round: Series A
Funding Month: July 2024
Lead Investors: Mayfield, Foundation Capital
Additional Investors: Undisclosed
Company Website: https://www.docketai.com/
Software Category: AI Sales Enablement
Source: https://www.webwire.com/ViewPressRel.asp?aId=324728