We are discussing AI Startup OrbitShift Raised $7 Million in its Seed Funding Round Led by Peak XV Partners:
Orbitshift is an AI startup offering an AI-native sales operating system that raised $7 million in its seed funding round. The funding round had participation from the firm’s existing investor, Stellaris Venture Partners, and was led by Peak XV partners. The startup will use this fresh capital to scale up its operations and increase its customer base in the US. The company plans to expand its technology and products while creating innovative solutions.
The company offers Software to help various businesses improve their sales processes. The platform provides various tools and insights to help businesses with sales, including account insights, RFP or RFI response generation, actional recommendations, and account planning. The founder of Orbitshift, Saurabh Mishra, told ET that the startup has worked with various leading companies in the industries for the past 18 months. The firm claims to have reduced its research and sales planning time by 45 percent and increased its sales productivity by 30 percent. This helped speed up tasks, including client outreach and creating high-quality responses.
This AI startup previously raised 1.5 million USD in its pre-seed funding round, led by Stellaris Venture Partners and angel investors. The firm claims to have secured a total of 8.5 million USD to date. The CEO of Orbitshift, Saurabh Mishra, mentioned that the startup follows an AI-first domain-centric approach that has been empowered by 10 global companies to enhance their sales and marketing engines.
This company plans to use this investment to expand its product line and reach the global market. This funding round came just after the AI and SaaS market was experiencing growth and competition with new ML/AI models to gather and access more accurate information online. The company competes with Komiko, UpLead, and Cognism, among others.
Conclusion
AI startup Orbitshift uses an AI-first domain-centric approach to offer AI-native sales operating systems. This AI platform has raised 7 million USD in its seed funding round from Peak XV partners. This round had participation from various new and existing investors, including Stellaris Venture Partners. The startup plans to use these fresh proceeds to scale up its operations and increase its customer base in the US. The company plans to expand its technology and products while creating innovative solutions.
The platform provides various tools and insights to help businesses with sales, including account insights, RFP or RFI response generation, actional recommendations, and account planning. The firm claims to have reduced its research and sales planning time by 45 percent and increased its sales productivity by 30 percent. This helped speed up tasks, including client outreach and creating high-quality responses. This company plans to use this investment to expand its product line and reach the global market. OrbitShift will use the funding to expand its customer base and strengthen its position in the Artificial Intelligence landscape.
