Tact.ai, a Sunnyvale, Calif.-based CRM company, received an investment from Honeywell.
Honeywell made the investment through Honeywell Ventures, which joined Amazon Alexa Fund, Comcast Ventures, M12 Ventures Salesforce Ventures, Accel Partners, Redpoint Ventures and Upfront Ventures.
The amount of the deal was not disclosed.
Led by Chuck Ganapathi, CEO, Tact.ai offers customers an AI platform for sales that unifies data from various systems as a single dashboard and pushes intelligence in the form of notifications to sellers in the field. With the Tact.ai Assistant, companies can use AI to improve sales productivity and speed up their workflow by automatically capturing critical data regarding contacts, customer meetings and next steps in the sales pipeline and alerting the seller to act on the top priority actions through their mobile device.
In addition to the financial investment, Honeywell is deploying the Tact.ai assistant to its sales teams to optimize their use of customer-related data trapped in emails, calendars, service-tickets, customer relationship management (CRM) and other systems. Tact.ai’s conversational AI platform is also used by Fortune 500 sales organizations, including two of the top five pharmaceutical companies in world, to drive revenue growth by eliminating friction in their daily sales workflow.