Balto, a St. Louis-based artificial intelligence software platform for real-time call guidance and coaching, closed a $3m seed financing round.
The nound was co-led by OCA Ventures and Stage Venture Partners with participation from Jump Capital, Cultivation Capital, SaaS Ventures, TIA Ventures, and Sandalphon Capital.
The company intends to use the funds to scale the organization’s sales and marketing capabilities, expand headcount, and make major investments in applying A.I. to allow sales teams to make sales messaging effective.
Co-founded by CEO Marc Bernstein, COO Chris Kontes, and CTO Davidson Girard in January 2017, Balto provides a technology platform for real-time call guidance and coaching. The solution uses artificial intelligence to analyze both sides of the conversation and instantly deliver critical information to sales representatives before at the right time. It is customizable and provides real-time feedback without storing any transcripts or call recordings.
Balto serves customers across all industries, from 2-person sales teams to fast-growing publicly traded companies in financial services, healthcare, home improvement, pharmaceuticals, utilities, retail, insurance, collections, and enterprise technology.