Autobound, a San Francisco, CA-based ChatGPT for sales emails, announced that it raised $4 million in seed funding to automate the tedious workflow of writing personalized sales emails.
The round was led by Dundee VC, with participation from AIX Ventures, Richard Socher (You.com), Henry Schuck (Zoominfo), Simon Chan (Prediction.io), Sam Guttman (OwnBackup), Tadeusz Witkowicz, and the USC Marshall Venture Fund, amongst others.
The funds will be used to speed up product development as well as scale their marketing, design, and machine learning functions.
This announcement comes just days after Autobound’s release of Autobound Anywhere, which extended Autobound’s functionality to the tools where sellers spend most of their time, including Gmail, LinkedIn, Outreach, Salesloft, Hubspot, and Salesforce.
“Until now, writing high quality, personalized sales emails has been difficult for every seller out there. Sellers often resort to quantity over quality, which is a problem if they’re representing your company’s brand. Now that spray and pray methods are so widespread, the bar of what’s required to generate an email reply is higher than ever…” says CEO Daniel Wiener
Autobound’s free-to-install chrome extension empowers B2B sellers to spark more buyer conversations, in less time.
The company is currently offering its product for free but will be launching a premium offering soon. Sellers from 250+ companies including Zoominfo, UserZoom, Outreach, Workato, SailPoint, OnTop, and GoLinks are already using the system.
Company: Autobound, Inc.
Round: Seed Round
Funding Month: February 2023
Lead Investors: Dundee VC
Additional Investors: AIX Ventures, Richard Socher, Henry Schuck, Simon Chan, Sam Guttman, Tadeusz Witkowicz, and the USC Marshall Venture Fund
Company Website: https://www.autobound.ai/
Software Category: Sales Intelligence Software
About the Company: Autobound is a sales intelligence startup that provides an integrated sales platform that facilitates efficient engagement between buyers and sellers. The company's platform is an integrated prospect engagement system that suggests who to contact, what to say, and when to say based on enriched buyer profiles, enabling sellers to target and engage buyers with hyper-personalized messaging. Autobound empowers sellers to increase email reply rates by generating individually personalized sales emails using AI. The company is trusted by sellers at leading companies like Cisco, Ramp, Outreach, and 6sense.