Attentive, a Delhi, India-based AI SaaS startup specializing in sales automation platforms for the construction and outdoor services industries, raised $7 million in a Series A funding round.
SaaS Investors
The round was led by Vertex Ventures Southeast Asia and India, with participation from existing investors Peak XV Partners and InfoEdge Ventures.
Founded in 2008, Vertex Ventures Southeast Asia & India is a venture capital firm based in Singapore, Singapore. The firm prefers to invest in early-stage and later-stage companies.
Attentive Use of Funds
The new capital infusion will primarily be allocated towards enhancing product development. The company aims to further develop its AI-driven solutions, focusing on its recently launched products, Accelerate and Beam AI.
The company plans to invest in expanding its sales and marketing efforts to drive growth and market penetration.
About Attentive
Founded in 2017 by Dhawan, Rishabjit Singh, and Aishwarya, Attentive is a landscape management software provider with end-to-end automation for all field services businesses across the landscaping, asphalt and paving, facilities maintenance, and snow removal industry. The company's recently launched products are Accelerate, an outdoor services business management software, and Beam AI, an AI-based sales automation platform for the construction industry. Some of the company clients include companies like Brightview, Juniper, Sperber, US Lawns, Clean Scapes, Beary Landscaping, Sebert Landscape, Maldonado Nursery, Rexel, National Wholesale Supply, and Silicon Valley Mechanical.
Funding Details
Company: Attentive, Inc.
Raised: $7.0M
Round: Series A
Funding Month: February 2024
Lead Investors: Vertex Ventures Southeast Asia and India
Additional Investors: Peak XV Partners and InfoEdge Venture
Company Website: https://attentive.ai/
Software Category: Landscape Management
Source: https://yourstory.com/2024/02/us-delhi-based-ai-saas-startup-attentive-inc-7-million-series-a-funding-round