04 April 2024 – SiftHub, a platform for corporate sales teams powered by AI, said on Wednesday that it had raised $5.5 million in initial money from investors headed by Blume Ventures and Matrix Partners India. According to its creator, Manisha Raisinghani, the San Francisco-based company will primarily utilize the money for product development and early go-to-market (GTM) activity.
Neon Fund, a business-to-business (B2B) SaaS venture capital firm, took part in the round as well. The other investors were Arvind Parthiban, the creator of SuperOps AI; Manish Jindal, the former general manager of Cloudflare; Andrew Johnston, the head of sales at Superhuman; and the founders of Razorpay, Harshil Mathur and Shashank Kumar.
Conclusion
Two months after its inception, SiftHub serves as a single hub for gathering and sorting material that is dispersed across many tools and repositories. It speeds up transaction closure for pre-sales and sales teams by facilitating knowledge search and automating the generation of responses.
