Xfactor.io Closes $16M Series A Funding

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Xfactor.io, a San Francisco, CA-based provider of a comprehensive AI-powered revenue platform, raised $16M in Series A funding.

The round was led by Accel and Xfactor.io CEO and Founder Mike Carpenter, with participation from Lightspeed and others.

The company intends to use the funds to further enhance its product, prioritizing the enhancement of its AI capabilities to empower revenue leaders in optimizing the planning and performance across their entire go-to-market team.

Xfactor.io is an AI-powered revenue platform that combines sales, marketing, and operations teams with effective planning, value-driven execution, and key decision-making. The platform leverages real-time data with AI-powered modeling to enable revenue leaders to plan, execute, and make real-time, intelligent decisions that accelerate pipeline, increase deal size, and improve win rates.