Homegrown Capital leads round to fund rapid business expansion of innovative data enablement software and services
Pitchly, the no-code data enablement company creating new ways for work to be done, announced it has completed a $7 million Series A funding round. A new investor, Homegrown Capital, led the financing. Homegrown Capital was joined by additional new investors including Jason Calacanis’ Launch Fund & Syndicate and existing investors Next Level Ventures, ISA Ventures, Great North Ventures, M25, and Cabra.vc. The new investment will be used to accelerate Pitchly’s already impressive growth. Specifically, the funding will be utilized to build its sales and marketing team, expand its Software as a Service (SaaS) product offering, and grow the already passionate customer community.
Latest AI Insights : Google Introduces PaLM API & MakerSuite; Simplifies Generative AI Development Lifecycle
“We selected Pitchly because they are the market leader in this category and demonstrated a short time-to-value with their innovative approach”
The Pitchly data enablement suite empowers knowledge workers at global enterprise and professional services firms to put their data to work by centralizing and activating data to deliver real-time content and document generation. The result is a streamlined, compliant, repeatable process for using data to create customized content for documents and the web. This custom content powers organizational growth.
“The market is calling for us to accelerate our business plan and to do that we’ll be growing quickly. Our comprehensive strategy includes expanding our experienced team, delivering new innovative products this year, and expanding our partner ecosystem,” said Ryan Gerhardy, CEO of Pitchly.
“We were incredibly impressed with Pitchly’s technology platform and the customer base they have attracted. They are demonstrating strong traction in the market and we are thrilled to lead the company’s first growth round. We are excited to see where the company goes from here!” said Matt Paulson, Pitchly Board Member, Managing Partner of Homegrown Capital and Founder and CEO of MarketBeat.
Read More about Generative AI: Google Brings Generative AI Experiences to Google Workspace
Pitchly users reduce the time spent searching, creating, formatting and publishing content and repetitive documents by up to 93%. The Pitchly data enablement suite delivers the ability to:
- Manage data collection, integrations and approvals to drive accessibility and enablement
- Design smart data-connected content templates using a drag-and-drop editor, and rule builder
- Create and publish live data-driven content to documents, APIs, and partner products.
“We selected Pitchly because they are the market leader in this category and demonstrated a short time-to-value with their innovative approach,” said Monica Rodriguez Kuniyoshi, CMO, Gunderson Dettmer. “Pitchly is an integral part of our data strategy. It’s exciting to see Pitchly growing and expanding.”
AI ChatGPT Insights: OpenAI’s ChatGPT 4 Is Here. Is It Time to Forget ChatGPT?
[To share your insights with us, please write to firstname.lastname@example.org]
The post Pitchly Closes $7 Million Series A Funding for Proven Easy-to-Use, SaaS-Based Data Enablement Solution appeared first on WebsiteHost.Review.