Summery: Bengaluru-based Clientell, a software provider specializing in sales forecasting and pipeline assessment for enterprises, has secured $2.5 million in a seed funding round led by Blume Ventures. The funding, which also saw participation from Chiratae Ventures, Artha Venture Fund, and Silicon Valley-based Z5 Capital, will be used to enhance product offerings and expand the team. Founded in 2021 by BITS Pilani alumni Saahil Dhaka and Neil Sarkar, Clientell aims to revolutionize enterprise sales by leveraging AI tools tailored to user needs. CEO Saahil Dhaka emphasized the company’s commitment to addressing revenue generation challenges, while Sanjay Nath of Blume Ventures praised Clientell’s approach to integrating AI into enterprise functions. With this funding, Clientell is poised to drive innovation and solidify its position in the tech startup ecosystem.
In a significant development for the tech startup scene, Bengaluru-based Clientell has secured $2.5 million in a seed funding round led by Blume Ventures. The funding round also saw participation from Chiratae Ventures, Artha Venture Fund, and Silicon Valley-based Z5 Capital. This comes on the heels of a previous funding round where Clientell raised $600,000 from Chiratae Ventures and Artha Venture Fund in late 2021.
The purpose behind this fundraising endeavor is clear: Clientell intends to utilize the fresh capital to bolster its product offerings and expand its team. Specifically, the funding will be channeled towards the continued development of AI tools tailored to the unique needs of its users, with the aim of optimizing sales execution and enhancing revenue operations.
So, what exactly does Clientell do? Founded in 2021 by Saahil Dhaka and Neil Sarkar, alumni of BITS Pilani, Clientell is a software provider specializing in sales forecasting and pipeline assessment for enterprises. The startup offers customized forecasting processes and machine learning models, precisely tailored to meet the needs of each customer. These products are designed to boost productivity, cut costs, and enhance data quality for enterprises, with a primary focus on chief revenue officers and go-to-market (GTM) leaders.
Saahil Dhaka, CEO of Clientell, underlined the startup’s ambitious mission to transform enterprise sales teams by addressing crucial challenges in revenue generation and predictability. Dhaka stated, “When the world is talking about 10x developers, we’re focused on bringing useful AI products to help 10x salespeople, CRM developers, and GTM leaders.” The company is determined to tackle what Dhaka refers to as the “leaky revenue bucket” and bridge the gaps in comprehensive revenue intelligence.
Sanjay Nath, founder and managing partner at Blume Ventures, commended Clientell’s approach to integrating AI into enterprise functions. Nath explained, “As AI penetrates different functions of the enterprise, an AI-first end-to-end connected approach will help sales teams to benefit immediately from deeper insights on their deals and revenue milestones.”
With this latest injection of capital, Clientell is poised to continue its trajectory of growth and innovation, offering transformative solutions for enterprise sales teams and solidifying its position as a key player in the tech startup landscape.