Demoleap Raises $4.4M in Funding

Demoleap, a Tel Aviv, Israel-based provider of AI-powered live demo assistant and sales discovery platform, raised $4.4M in funding.

The round was led by Bonfire Ventures and Differential Ventures with participation from 25madison, and Ground up.

The company intends to use the funds to recruit talent, continue to find ways to improve the sales process and bridge the technology gap for sales teams.

Led by CEO Itay Sinuani, Demoleap is an AI-powered live demo assistant and sales discovery platform allowing sellers to follow the sales process in real-time throughout the live demo to close more deals. It enables sales representatives to continually apply the best practices and retain the critical training that sales leaders provide. Demoleap is now powering thousands of demos a month.  

Demoleap integrates with any CRM, application, conferencing software, and slide software without writing a line of code. The no-code builder lets users create demo playbooks in minutes, and every seller gets up and running in minutes.

Additionally, the solution:

  • Can imitate the sales agent driving the product demo, which removes the cognitive load for the seller
  • Navigate confidently as conversation pivots that act in real-time in case the user deviates from the flow of the meeting or the demo
  • Offers ongoing insights and analytics that highlight innovative aspects of a demo
  • Create demo playbooks in minutes and gets every seller up and running faster than you can imagine through their no-code builder

The company has offices in Delaware, Israel, and Ireland.

FinSMEs

18/08/2022