OrbitShift, a San Francisco, CA-based AI-native sales operating system designed to accelerate enterprise sales processes, secured $7 million in seed funding.
Investors
The round was led by Peak XV’s Surge and Stellaris Venture Partners.
Peak XV, formerly known as Sequoia Capital India & Southeast Asia, is a venture capital and growth investing firm. In 2019, the firm launched Surge to help founders lay the foundations for companies that will endure. Surge is a seed platform for company builders. It combines up to $3 million of capital with a learning program and company-building support.
Stellaris Venture Partners is an early-stage, technology-focused, sector-agnostic investment firm, investing in tech and tech-enabled consumer and enterprise startups in India. Established in 2016, they manage a corpus of US$ 320M and are currently investing out of a US$ 230M fund.
OrbitShift Use of Funds
The company plans to use the funds to expand its customer base and further enhance its product offerings.
About OrbitShift
OrbitShift provides an AI-native sales operating system tailored for technology services/ solutions/consulting organizations. Its platform supports the entire sales ecosystem, including sales, pre-sales, sales operations, and marketing teams. It provides features such as account insights and actions, RFP/RFI response generation, key account planning, and targeted pitch content generation. OrbitShift’s suite of products, which includes accountOS, rfpOS, and pitchOS, covers the entire sales lifecycle. Its large enterprise customers are based in the US, EU, and APAC regions.
Funding Details
Company: Orbitshift AI, Inc.
Raised: $7.0M
Round: Seed Round
Funding Month: June 2024
Lead Investors: Peak XV’s Surge, Stellaris Venture Partners
Additional Investors:
Company Website: https://www.orbitshift.ai/
Software Category: Sales
Source: https://www.orbitshift.ai/press-releases/orbitshift-seed-funding