BoostUp just used this pitch deck to raise $6.3 million to help businesses use AI to predict revenue and customer behavior
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- Silicon Valley startup BoostUp uses AI to help businesses collect and process huge amounts of information, including unstructured communications such as emails and Zoom calls.
- The startup platform turns the data into actionable insights that businesses could use to better predict revenue and customer behavior.
- Using this data, the startup creates algorithms that are “very predictable, extremely efficient, and transparent,” BoostUp CEO and co-founder Sharad Verma told Business Insider.
- BoostUp has raised $6.25 million in funding from investors, led by Canaan Partners. The investors also included Emergent Ventures and executives from prominent tech companies such as Okta, Google and Palo Alto Networks.
- Here’s the pitch deck BoostUp used for its seed round:
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Data analytics technology lets businesses collect and quickly analyze large swathes of information for insights into areas like increasing revenue or finding new customers.
BoostUp, a new Silicon Valley startup, sells a platform that takes that idea one step further by handling even unstructured data from communications such as emails, Slack chats, Zoom calls, or social media posts. It then uses machine learning to make “very predictable, extremely efficient, and transparent” suggestions, BoostUp CEO and cofounder Sharad Verma told Business Insider.
For example, the BoostUp platform can analyze historical data from a wide range of sources to determine what makes a business deal successful or not.
“What we do is we build that profile of a successful healthy deal, and then we apply that intelligence to your new deals in the pipeline and new accounts,” Verma, a former Yahoo executive, said.
BoostUp, which launched in 2018, announced Tuesday that it has raised $6.25 million in funding from investors led by Canaan Partners and including executives from prominent tech companies such as Okta, Google, and Palo Alto Networks.
BoostUp joins an increasingly competitive market dubbed “revenue intelligence,” featuring hot startups such as Clari and People.ai, that help companies optimize their businesses.
Verma said that given the drastic restrictions on travel and in-person sales meetings, the pandemic and the sudden shift to remote work has made revenue intelligence even more critical.
Here’s the pitch deck BoostUp used to raise $6.25 million in a seed round: