Tech
Here’s an exclusive look at the pitch deck startup Chili Piper used to land $33 million in 20 minutes led by Tiger Global
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- Chili Piper closed a $33 million Series B led by Tiger Global after a 20-minute phone call.
- The startup offers software to help sales people connect to potential customers.
- See the pitch deck that won over VCs.
After raising an $18 million Series A last April, scheduling software company Chili Piper wasn’t looking to raise more capital. But then founders Alina and Nicolas Vandenberghe heard that Tiger Global was interested and figured it wouldn’t hurt to take the call.
They prepped a pitch deck for the occasion. Within 20 minutes, Tiger Global offered them a term sheet to lead a $33 million Series B.
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“They just believed in the opportunity,” Nicolas said. “They were convinced with that pitch in literally one meeting.”
The Series B, announced in April, brought Chili Piper’s total funding to $54 million. Other investors in the round included Base10 Partners and Gradient Ventures.
Chili Piper was founded by the couple in 2016 to help sales teams more effectively meet with prospective clients. Alina said there’s an “urgency” when a potential customer is looking at their options. The faster you can get someone on the phone with a sales representative, the more likely you are to convert that lead to a customer. Chili Piper’s job is to make that scheduling process faster and easier. The software is used by major companies like Intuit and Spotify.
Nicolas said the company used some of the new funding to hire more engineers and marketers, as well as to expand the platform.
Here’s the pitch deck that Chili Piper used to win over Tiger Global in just one meeting.
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