Tech Company Financing Transactions
Inventive AI Funding Round
Inventive AI secured a $4 million funding round on 8/29/2024. Investors included Sierra Ventures, General Catalyst and Soma Capital.
Transaction Overview
Company Name
Announced On
8/29/2024
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to further enhance its RFP processes through generative AI, empowering businesses to respond effectively and efficiently to RFPs and questionnaires.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
855 Maude Ave
Mountain View, CA 94043
USA
Mountain View, CA 94043
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
At Inventive, our mission is to build intelligence that helps B2B sales teams win deals. Our product, an AI copilot for sales teams, assists them in responding to and winning RFPs and sales questionnaires. More specifically, It helps understand and extract essential sections from RFP documents, obtain AI-generated responses to questions, and provide intelligent suggestions on meeting compliance requirements and adding golden threads to outshine competitors.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dhiren Bhatia
Chief Technical Officer
Vishakh Hegde
VP - Product Management
Gaurav Nemade
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Where The Data Comes From
We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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