Tuesday, April 16, 2024
Outlook.com
Outlook India
Outlook Business

Sales Execution Platform Kanlet Raises $400,000 In Pre-Seed Funding Led By Suvan Ventures

Kanlet offers AI-powered automation that identifies the best buyers and sales triggers and helps sales teams act on those with relevancy.

Sales Execution Platform Kanlet Raises $400,000 In Pre-Seed Funding Led By Suvan Ventures
Satish Patil, founder of Kanlet

Outlook Start-Up Desk

POSTED ON February 20, 2024 11:49 AM

AI-driven sales execution platform Kanlet has raised $400,000 in pre-seed funding led by Suvan Ventures and a few angel investors.  

The company helps B2B sales teams increase qualified leads and generate more revenue.  

Kanlet's unified data model combines different types of information from various sources, making it dynamic and intelligent data using advanced AI technology. This "living data" focuses on three main things: connections between data points, the intentions behind actions, and tailoring content to individual needs. This helps B2B sales and marketing teams create better strategies for selling and reaching out to customers.  

In more simple words, the company offers AI-powered automation that identifies the best buyers and sales triggers and helps sales teams act on those with relevancy. Using firmographic and technographic data, the engine identifies right-fit buyers, tracks them for relationship triggers and buying intents, and surfaces them as warm leads in the sales pipeline.  

Kanlet then automates outreach with personalisation (using Generative AI). This amplification of relationships, intent, and personalisation in prospecting leads to an unfair advantage for B2B sales teams.  

The capital infusion will be strategically allocated across key areas such as product development, sales, marketing, and talent acquisition, the company added in a press statement. 

“In two years, we believe that relationships, intent, personalization, and automation at scale will be a regular part of how companies go to market and we want to enable this outcome. At Kanlet, our mission is to develop an advanced data infrastructure that allows B2B companies to put their GTM motions on autopilot. Kanlet is solving this problem by offering AI-powered automation that identifies the best buyers and sales triggers and helps you act on those with relevancy”, said, Satish Patil, the founder of the company.    

The Global Sales Intelligence market size was $5.60 billion in 2021 and is expected to reach $17.11 billion by 2030. It is expected to undergo a CAGR of 12.4 per cent during the forecast period, according to the latest analysis by Emergen Research. 

  • Related Articles

    The primary objective of this fund is to allocate capital to 5-7 promising early-stage start-ups that have demonstrated notable progress and execution over the preceding three to six months.

    PedalStart Launches Series-2 Internal Company Fund Of $250,000 To Support Early-Stage Start-Ups

    The agency looked into over 50 lakh accounts and wallets but didn't find any breaches of foreign exchange rules.

    ED Finds No FEMA Violations In Paytm Payments Bank Case: Report

    Ayekart provides fintech and supply chain solutions for traditional businesses in the agrifood value chain.    

    Agrifood Fintech Platform Ayekart Raises $6.5 Million In Series A Funding