CloseFactor Raises $4.5 Million in Seed Round

by Kay Aloha Villamor in June 2nd, 2022

CloseFactor, a Palo Alto, Calif.-based sales automation company, announced that it raised $4.5 million in seed funding.

The round was led by Sequoia Capital to reimagine the business-to-business sales process, bringing the benefits of greater automation and precision targeting to sales teams.

The company intends to use the funds to accelerate AI/ ML-enabled go-to-market strategy and execution.

Company:  Ogmagod, Inc.

Raised: $4.5M

Round: Seed Round

Funding Month: June 2022

Lead Investors: Sequoia Capital

Additional Investors: 

Company Website:

Software Category: Customized Sales Insights

About the Company: Led by Leena Joshi, co-founder & CEO, CloseFactor uses machine learning to deliver customized sales insights about target accounts and buyer personas. The technology unites data, insights, and workflow into a platform that connects Go-to-Market decision-making from Chief Revenue Officers and Chief Marketing Officers to individual account executives or business development representatives engaging and connecting with their customers. The solution is already in use at several companies such as Zuora, LaunchDarkly, and Chronosphere.     




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