Demostack, a San Francisco, California-based world’s first demo experience platform built to help SaaS sales teams, raised $34 million in a Series B funding.

The round was led by Tiger Global Management, with participation from Bessemer Venture Partners, Amiti Ventures, GTMfund, Operator Collective, and StepStone.

Demostack plans to aggressively grow its global footprint, investing in additional R&D resources, sales, and marketing across the U.S. and Europe, Middle East, and Africa (EMEA) -- all while positioning itself as the category leader of demo experience solutions for mid-market and enterprise organizations.

Company: Demostack, Inc.

Raised: $34.0M

Round: Series B

Funding Month: April 2022

Lead Investors: Tiger Global Management

Additional Investors: Bessemer Venture Partners, Amiti Ventures, GTMfund, Operator Collective, and StepStone

Company Website: https://www.demostack.com/

Software Category: Demo Experience

About the Company: Founded in 2020 by Jonathan Friedman, Aaron Hakim, and Gilad Avidan, has created something truly unique for the market - the ability to create tailored product demos for every live sales call-in minute. Demostack is the world’s first demo experience platform built to help SaaS teams accelerate revenue with better product storytelling. The company’s innovative technology is the first of its kind and allows users to spin up a fully functioning demo environment that can be edited with a point and click to craft a product story that resonates with each specific buyer. Demostack provides software companies with a competitive advantage by enabling revenue teams to be able to create and deliver world-class product demos at scale -- better engaging prospective customers, shortening sales cycles, and increasing win rates.

Source: https://www.prweb.com/releases/2022/4/prweb18625893.htm