Walnut, a New York-based creator of the world's first sales and marketing demo experience platform, announced that it raised a $35 million Series B funding round led by Felicis Ventures. The raise comes just four months after announcing an oversubscribed Series A, bringing Walnut's total funding to date to $56 million.
The round also included participation from strategic angel investors such as Sarah Franklin (President & CMO, Salesforce), Frederic Kerrest, (Executive Vice Chairman, COO, and co-founder, Okta), Ariel Cohen (CEO and Co-Founder, TripActions), Eynat Guez (CEO and Co-Founder, Papaya Global), Michael Shaulov (CEO and Co-Founder, Fireblocks), Kim Walsh (VTP GTM, HubSpot), Ryan Carlson (CMO, Okta), Stacey Epstein (CMO, Freshworks), Stephanie Robotham (marketing exec, former Salesforce, and Gainsight), James Ireson (CRO, Funnel) and more. Existing investors NFX, Eight Roads Ventures, and A Capital also participated in the round.
Walnut plans to use this fresh round of financing to better serve our growing number of users. Walnut will also work on expanding its insanely talented team worldwide and continuing to push the market forward with the most advanced sales experience platform.
Company: Walnut Inc.
Raised: $35.0M
Round: Series B
Funding Month: January 2022
Lead Investors: Felicis Ventures
Additional Investors: Sarah Franklin, Frederic Kerrest, Ariel Cohen, Eynat Guez, Michael Shaulov, Kim Walsh, Ryan Carlson, Stacey Epstein, Stephanie Robotham, NFX, Eight Roads Ventures, and A Capital
Company Website: https://www.walnut.io/
Software Category: sales and marketing demo experience platform
About the Company: Founded in January 2020 by serial entrepreneurs Yoav VIlner and Danni Friedland, Walnut is the new way to manage your sales team's demo experience. Walnut platform can optimize its clients’ product demonstrations and enable sales teams to address the needs of each customer. The Walnut approach eliminates the need for generic customer demo experiences lacking focus or relevance. The platform also provides various insights a critical detail often lacking with in-house development for a marketing team to utilize for future sales experiences.
Source: https://www.walnut.io/post/raised-35m-in-our-round-b