Syrup, a Cleveland, OH-based officially launched, introduces "Product-led Email (PLE) - powered by AI and product usage data, secured $3.3 million in seed funding.
The round was led by Mike Fitzgerald and High Alpha Capital, a prominent venture firm specializing in next-generation B2B SaaS companies.
Syrup's Product-led Email (PLE) platform is designed to help SaaS businesses strengthen customer relationships by offering tailored communication experiences based on predictive insights.
By leveraging AI and product usage data, Syrup enables businesses to communicate with their customers on an individual level, improving customer retention, loyalty, and overall revenue.
"Traditional email service providers are too complex and not designed for the modern tech stack," said Brad Owen, CEO and Co-Founder of Syrup. "We're excited to introduce Syrup as the game-changing solution for SaaS companies looking to elevate their customer relationships and drive results through smarter, more personalized communication."
Company: Concord Labs, Inc.
Raised: $3.3M
Round: Seed Round
Funding Month: May 2023
Lead Investors: Mike Fitzgerald and High Alpha Capital
Additional Investors:
Company Website: https://www.syrup.io/
Software Category: Email Marketing
About the Company: Syrup aims to revolutionize email marketing by combining the power of product usage data and artificial intelligence (AI) to create highly personalized experiences for users. The AI-driven platform delivers hyper-personalization by integrating both identity and product usage data, enabling businesses to speak to users individually, fostering trust, and driving revenue. Leveraging AI and product usage data, Syrup communicates with users individually, increasing customer retention, loyalty, and revenue growth.
Source: https://www.prnewswire.com/news-releases/syrupio-pioneers-ai-driven-email-marketing-for-hyper-personalization-led-by-high-alpha-capitals-3-3m-seed-round-301831641.html