Glencoco Raises $3M in Funding

Glencoco, a NYC-based marketplace that connects companies with business development consultants to generate opportunities, raised $3M in funding.

The round was led by Felicis and Crossbeam. Liquid 2 Ventures, Browder Capital, SOMA Capital, Gold House Ventures, and angels also participated.

The company intends to use the funds to further invest in AI augmentation to improve user productivity and expand their services beyond the US, UK and Canada to address increased global demand.

Co-founded in 2022 by Ingwon Chae and Jason Bao, Glencoco provides the tools, software, and interface for companies to freely list a campaign on its marketplace and allow certified business development consultants to source sales qualified meetings and submit them to companies on a flexible, gig-remote basis. This includes embedding elements of sales productivity tools into the platform, including a phone dialer, calendar scheduling, and sales training modules, to enable outbound freelance prospectors with campaigns uploaded by enterprise companies on the platform. Glencoco has focused on developing infrastructure, including same-day payments for qualified meetings, call analytics and recordings for QA and training, and scheduling infrastructure.

FinSMEs

17/11/2023