Chorus.ai, a San Francisco, CA-based provider of a conversation intelligence platform for the sales team has now secured $33 Million in the funding round of Series B. The round was led by the Georgian Partners with the collaboration from the returning investors Redpoint Ventures and Emergence Capital. In collaboration with the funding, Simon Chong, Managing Partner at the Georgian Partners would now be going to join as the Chorus.ai Board of Director.
The company as of now has a plans to use the funds to accelerate customer acquisition and continue product innovation.
The startup which is led by the Roy Raanani. Chorus.ai provides up with a conversation intelligence platform for the sales teams, which even transforms conversations into the insights and data. Its technology transcribes and analyzes the business conversations in real time scenario, which allows the proprietary algorithms to detect the High-Value Moments at the time of sales call.
The company which has its offices located in Tel Aviv and Boston has its clients like Zoom, Adobe, Procore, and Outreach.
“Chorus.ai exists to help Sales teams have higher quality conversations that result in higher quota attainment, higher rep productivity, and shorter new hire ramp time,” said Roy Raanani, CEO and Co-Founder of Chorus.ai. “Billions of dollars in revenue are flowing through video conferencing platforms and phone calls. Chorus.ai creates visibility into those calls at scale to understand how top performers sell and deliver personalized coaching to the rest of the team, transforming how high-growth organizations enable and scale their sales teams.”
“Chorus.ai has helped us become a smarter sales organization as we've scaled. We have visibility into our sales conversations and what is working across all of our offices,” said Greg Holmes, Head of Sales for Zoom Video Communications. “We've seen a drastic reduction in new hire ramp times and higher sales productivity with even more reps hitting quota. Chorus.ai is a game changer.”
“We are excited to continue our exponential growth in 2019 and have big plans to help more sales teams win,” said Raanani. “I believe that there is no better way to impact the success of your company than by ensuring that crucial conversations like sales and customer success meetings are impactful. In sales, you only get one shot.”
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