Scalestack, a NYC-based provider of an AI-powered data enrichment, prioritization and activation platform for RevOps, raised $1M in their First funding.
The round saw participation from Ripple Ventures, Forum Ventures, Flyer One Ventures, Founders Network Fund, and others.
The company intends to use the funds to expand its offerings and grow its reach in the market.
Founded by Elio Narciso and Alessandro Prioni, Scalestack AI provides a data enrichment, prioritization and activation platform that allows GTM teams to map existing data to their ideal customer profile, and to their sales engine. Scalestack, who also leverages MongoDB’s Atlas and Atlas Vector Search to enable its AI enrichment workflow at scale, works by identifying who in the sales and marketing funnels are primed for engagement by training on available data sources like ZoomInfo, Crunchbase, LinkedIn, plus internal data sources (e.g., CRM data). The platform creates a customized and automated data-view of ideal customer profiles, and prioritizes prospects based on this information. The platform then suggests what sales people should do to reach out, or maintain relationships with potential and existing customers, based on sales plays.
The company does not sell data, but creates customized, yet automated workflows for existing data (internal and external), along key dimensions of their customers’ ICP. Scalestack runs these workflows at scale in customers’ CRMs, so that data’s always fresh, and properly prioritized, then does the last-mile delivery of insights to sales reps with AI.
It counts SaaS companies like MongoDB and Typeform among its customers.