Tech Company Financing Transactions
11xAI Funding Round
11xAI closed a $50 million Series B funding round on 9/30/2024. Investors included Andreessen Horowitz.
Transaction Overview
Company Name
Announced On
9/30/2024
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series B
Investors
Andreessen Horowitz (Lead Investor)
Proceeds Purpose
11x.ai is one of many quickly growing startups building AI sales development representatives, or AI SDRs. Other startups working on similar solutions include Reggie.ai, AiSDR and Artisan. Incumbents such as Salesforce have also introduced products that work as autonomous sales agents.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Undisclosed
London, England, Undisclosed
UK
London, England, Undisclosed
UK
Phone
Undisclosed
Website
Email Address
Overview
We leverage the power of AI and Automation to activate the potential of everyone --and drive sustainable and efficient growth for teams. Our goal is to supercharge the productivity of humans with AI. AI for all means people are empowered to focus on creativity, not labour.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
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Where The Data Comes From
We do our best to document all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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