BoostUp.ai, a Santa Clara, CA-based fastest-growing Revenue Operations & Intelligence (RO&I) platform, raised $28.5 million in Series B funding, bringing its total capital raised to over $40 million.
The round was led by NGP Capital, with participation from existing investors Canaan, Emergent, and BGV.
BoostUp.ai will use this capital for a product roadmap focused on expanding its RevBI dashboards capabilities & data integrations, driving further innovation in advanced forecasting capabilities, mobile collaboration, and AI best next steps, and building GTM & OEM partnerships with other sales, GTM, and marketing technology companies.
Company: BoostUp.ai, Inc.
Raised: $28.5M
Round: Series B
Funding Month: March 2022
Lead Investors: NGP Capital
Additional Investors: Canaan, Emergent and BGV
Company Website: https://www.boostup.ai/
Software Category: Sales Intelligence Software
About the Company: Founded in 2018 by Sharad Verma, Amit Satuskar, and Neel Kamal, BoostUp is a Revenue Operations and Intelligence (RO&I) and Forecasting platform that provides revenue teams complete visibility and transparency into their business and sales process, drives process excellence, and identifies risk and opportunity in the pipeline while improving forecasting rigor and accuracy. BoostUp now has 50+ customers, including public & high-growth companies such as Cloudflare, Udemy, Teradata, Workato, Degreed, and Iterable. We were named a Strong Performer in the inaugural Forrester WaveTM: Revenue Operations and Intelligence, Q1 2022 (RO&I), and one of the top 3 vendors in "current offering". BoostUp ARR grew by 3x in FY '21, recently crossed 100+ employees worldwide, and was named a Momentum Leader in the RO&I category by G2 in consecutive reports.
Source: https://www.boostup.ai/blog/boostup.ai-raises-28.5m-series-b-funding-welcome-to-the-future-of-revenue