dooly
Dooly raises $80M more for its AI tools to help salespeople manage their busywork – TechCrunch
Salespeople have more tools than ever these days to help them with their work, whether they are tools to source new leads, keep those leads interested or informed about what's being sold, to track how the sales process is going, to manage those relationships once they are secured, or accounting tools to manage how and where sales are actually coming in. Today, a startup that's built a platform to help manage the data entry that powers all of that is announcing a swift round of funding to build on momentum and interest in its technology. Dooly -- which has built a set of AI-based tools to automate the busywork that goes into updating data in sales software, specifically apps like Salesforce, in order to get the most out of that software -- has closed $80 million in funding. Sources tell us that the money values the Vancouver-based startup at over $300 million. This is a "swift" round in that efforts to raise and close the funding happened quickly, and come not two months after the company had announced a Series A and seed round totaling $20 million.
Dooly closes on $20M for AI-based tools to help salespeople with their busywork – TechCrunch
Robotic process automation has taken the enterprise world by storm by providing a set of tools for those doing repetitive, volume-based tasks to use software to remove some of that labor to let those people focus on more complicated tasks. Today a startup that's taken some of that ethos and is applying it to more individualized work -- that of salespeople -- is announcing some funding. Dooly, a Vancouver, Canada-based startup that has built a set of AI-based tools that automate the busywork that goes into updating data in their sales software, and namely Salesforce, has picked up $20 million in funding to build out its business, which to date has picked up a number of customers among the sales teams of enterprise-focused software companies. They include Airtable, Asana, Intercom, Contentful, Vidyard, BigCommerce, Liftoff and CrowdRiff. Its aim is to make sales software more useful for salespeople by eliminating the work that goes into inputting data into those systems.
Dooly raises $20 million to organize sales information with AI
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.