Saleo, an Atlanta, Georgia-based company that developed live demo automation platform, raised $13 million in funding.
SaaS Investors
The round was led by Emergence Capital and Tech Square Ventures
Emergence Capital is a venture capital firm that invests in early and growth-stage cloud and SaaS companies.
Tech Square Ventures is an Atlanta-based early-stage venture capital firm that investing in enterprise, marketplace and platform, and tech enabled services.
Saleo Use of Funds
The company plans to use the funds to expand its product offerings, enhance its technical capabilities, and continue to address pre-sale needs in the market.
About Saleo
Saleo is a live sales demo experience platform helping software companies create incredible demos that are data-complete, directly within their live SaaS products. They help revenue teams shorten their sales cycle, increase win rates, and close more deals by removing the burden of missing data, outdated demo environments, and time-consuming demo prep. Saleo has gained traction among leading SaaS companies, including Outreach, Drift, Clari, Zuora, and Salesloft, which are using the platform to streamline their go-to-market strategies. Saleo is headquartered in Atlanta, Georgia.
Funding Details
Company: Saleo, Inc.
Raised: $13.0M
Round: Series A
Funding Month: October 2023
Lead Investors: Emergence Capital and Tech Square Ventures
Additional Investors:
Company Website: https://saleo.io/
Software Category: Sales Demo Automation Platform
Source: https://www.prnewswire.com/news-releases/saleo-raises-13m-to-accelerate-growth-of-ai-powered-live-product-demos-that-increase-deal-win-rates-by-74-301948023.html