Bluebirds, a Pleasanton, CA-based provider of an AI-powered platform for outbound teams to reach their revenue targets, raised $5 million in seed funding.
The round was led by Lightspeed Venture Partners with participation from Y Combinator, 1984 Ventures, SOMA Capital, and sales tech veterans including Godard Abel and Dharmesh Shah.
Lightspeed Venture Partners is a multi-stage venture capital firm focused on accelerating disruptive innovations and trends in the Enterprise, Consumer, Health, and Fintech sectors. Lightspeed and its global team currently manage $18B across the Lightspeed platform, with investment professionals and advisors in the U.S., China, Europe, India, Israel, and Southeast Asia.
Bluebirds Use of Funds
The company intends to use the funds to expand operations with a team of AI and data experts and its development efforts.
Founded in 2022 by Rohan Punamia and Kunal Punera, Bluebirds is AI-powered software that helps sales reps re-engage past customers who have changed jobs into prospect accounts. The solution enables reps to quickly target and personalize their outreach in a unified workflow – reaching the right personas, with the right message, at the right time. In addition to announcing the financing, the company is launching its first feature to track customer job changes. Hundreds of sales teams have downloaded over 100,000 leads to build pipelines faster. Scale-ups like Front, Simon Data, and OneSignal use Bluebirds for monthly leads pushed directly to their CRM.
Round: Seed Round
Funding Month: October 2023
Lead Investors: Lightspeed Venture Partners
Additional Investors: Y Combinator, 1984 Ventures, SOMA Capital, and sales tech veterans including Godard Abel and Dharmesh Shah
Company Website: https://www.bluebirds.com/
Software Category: Sales AI Software