Cacheflow, a Los Altos, CA-based zero-code SaaS sales platform, announced that it raised $10 million in funding, bringing its total raised to $16 million.
The round was led by GV (formerly Google Ventures), with participation from existing investors GGV and Pelion Ventures.
The funds will be used to accelerate Cacheflow’s sales and marketing efforts, enabling the company to reach sellers in need of its SaaS deal-closing platform.
“Our customers are seeing significant sales velocity and operational benefits from using Cacheflow,” said Cacheflow CEO and Co-Founder Sarika Garg. “These benefits are key in the current macro environment. We are excited to partner with GV, GGV, and our other investors to bring these benefits to ever more startups.”
Cacheflow’s solution simplifies the SaaS sales flow, integrating it into a single, no-code platform. The Cacheflow solution decreases closing times from weeks or months to mere hours, and customers see 3X faster closes even during these difficult times.
In addition to tracking and sending proposals to new leads, Cacheflow also helps customers grow their revenue through upsells, expansions, and cross-sells on existing contracts and MSAs.
Company: Cacheflow Inc.
Raised: $10.0M
Round: Unknown
Funding Month: December 2022
Lead Investors: GV
Additional Investors: GGV and Pelion Ventures
Company Website: https://www.getcacheflow.com/
Software Category: Zero-Code SaaS Sales Platform
About the Company: Founded in 2021 by Sarika Garg and Brian Zotter, Cacheflow is a deal-closing platform that radically shortens sales cycles and automates the manual work involved in managing revenue. It provides embedded financing services intended to simplify the buying experience of Saas. The company's services include easy self-service checkout, offers flexible monthly, quarterly, and deferred payments, automated billing, and upfront cash flow, enabling SaaS businesses to sell more and sell faster and improve relationships with clients. Cacheflow’s mission is to make the software selling (and buying) experience easier and more delightful. Cacheflow provides its services to the B2B, Fintech, and SaaS sectors. Cacheflow is headquartered in Los Altos, California.
Source: https://www.businesswire.com/news/home/20221206005343/en/Cacheflow-Announces-10-Million-in-New-Funding-Led-by-GV-to-Radically-Shorten-Sales-Cycles