People.ai, revenue operations (RevOps), and intelligence platform raised $100 million in a Series D funding round, bringing the company to a $1.1 billion valuation. The funding round was co-led by Akkadian Ventures and Mubadala Capital and included additional investors from ICONIQ Capital and Lightspeed Venture Partners.
With the extra funding, People.ai will continue to develop the capabilities of its SmartData platform to provide revenue teams with accurate go-to-market (GTM) insights that accelerate deals. The company will also use the capital to expand its platform into new segments while growing for global adoption.
Company: People.ai Inc.
Raised: $100.0M
Round: Series D
Funding Month: August 2021
Lead Investors: Akkadian Ventures and Mubadala Capital
Additional Investors: ICONIQ Capital and Lightspeed Venture Partners
Company Website: https://people.ai/
Software Category: revenue operations (RevOps) and intelligence platform
About the Company: People.ai is an artificial intelligence (AI) platform for enterprise revenue. People.ai helps sales, marketing, and customer success teams uncover every revenue opportunity from every customer, by capturing all customer contacts, activity, and engagement to drive actionable insights across all revenue teams. People.ai empowers sales leaders to be more effective at managing their teams and growing revenue by giving them a complete picture of sales activities and leveraging AI to deliver sales performance analytics, personalized coaching, one-on-one feedback, and pipeline reviews. The People.ai platform identifies and targets the buying group, and gives marketers a clear visualization of whom sales have spoken with, and which campaign has been successful in each opportunity.
Source: https://www.demandgenreport.com/features/financial-news/people-ai-secures-100m-in-series-d-funding/