Artificial intelligence company Sybill has raised $11 million. Greycroft led the company's Series A investment round. Neotribe Ventures, Powerhouse Ventures and Uncorrelated Ventures also took part in the US-based company's investment round. Founded in 2020, Sybill has reached a total investment of 14.5 million dollars. The company said it will use the new investment to develop artificial intelligence, hire staff and support market expansion.
Sybill
Founded by Gorish Aggarwal, Mehak Aggarwal, Nishit Asnani and Soumyarka Mondal, Sybill is a startup developing an AI-powered assistant for sales teams. The company's AI assistant aims to reduce the time and workload of sales representatives by automating various aspects of the sales process. Sybill has developed an artificial intelligence assistant that automatically records sales representatives' phone calls with customers and summarizes them. These summaries contain important points that sales representatives need to remember and use later. In addition, the AI assistant automatically prepares follow-up emails after sales calls, tailored to the sales representatives' writing style. This allows reps to save time while maintaining a personal touch.
Sybill automatically updates important information in CRM systems such as Salesforce and HubSpot. The company's retrieval-augmented generation (RAG) model analyzes calls, emails and messages between sales reps and customers. These analytics provide in-depth context-driven insights into the sales process. Sybill currently serves more than 500 customers. These customers are located in countries such as the US, Canada, Australia, the UK and India. Sybill's global presence presents a significant opportunity for the company to expand and increase its market share.
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