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Dooly raises $20 million to organize sales information with AI

#artificialintelligence

Vancouver, Canada-based Dooly, a startup developing an AI-powered plugin for customer relationship management (CMR) platforms, today announced that it raised $20 million, a combination of $3.3 million seed and $17 million series A tranches. The company plans to use the capital to scale its platform well into this year, according to CEO Kris Hartvigsen. Salesforce's 2019 State of Sales Report found that, on average, salespeople only spend 34% of their day selling products. Among the biggest culprits of the lost time is the disconnect between enterprises' need for a CRM and the fact that these platforms don't always map to how salespeople work. According to a recent survey, one of the top barriers to CRM adoption is the amount of manual data entry.