Klue Raises $62 Million in Series B  

by Kay Aloha Villamor in December 2nd, 2021

Klue, a Vancouver, BC-based AI-powered competitive enablement platform, raised $62 million in Series B funding led by Tiger Global, with participation from Salesforce Ventures.

The company plans to use this latest round of funding to invest heavily in product development. The company will double down on its AI capabilities to make insight generation easier to unlock opportunities to expand its user base through new market development. 

Klue also plans to invest in product experience for its end-users to create a seamless connection between revenue teams and their access to competitive insights. It notes that the funding will also fuel its expansion into new verticals and markets.

Company: Klue Labs Inc

Raised: $62.0M

Round: Series B

Funding Month: December 2021

Lead Investors: Tiger Global

Additional Investors: Salesforce Ventures

Company Website: https://klue.com/

Software Category:  AI-powered competitive enablement platform

About the Company: Klue is an AI-powered Competitive Enablement platform designed to help product marketers collect, curate, and deliver actionable competitor insights to empower revenue teams to win more business. Klue enables enterprise sales teams to win more business by providing dynamic insights about competitors. The platform uniquely brings together external competitive intel and internal knowledge from your team in the field. Then, makes it easy for Sales to access the information wherever they are. Built by product marketers to give organizations the advantage in every competitive environment.

Source: https://techcrunch.com/2021/12/01/ai-powered-competitive-enablement-platform-klue-lands-62-million-led-by-tiger-global/



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