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Finland-based Epicbrief, a startup on a mission to make human work in gross sales extra significant and beneficial, introduced on Monday that it has raised €1M in a pre-Seed spherical of funding.
The Finnish startup offers an AI-powered platform that improves the gross sales course of and automates administrative work for gross sales folks.
Traders on this spherical
The spherical was led by Amsterdam-based enterprise capital agency Curiosity with participation from Finnish investor Superhero Capital, and an angel investor.
Curiosity, which is concentrated on early-stage investments in software program firms within the Benelux, Nordics, and Baltics, claims to be constructing the subsequent era of AI purposes.
Herman Kienhuis, Managing Companion at Curiosity, says, “We’re extremely excited to affix forces with Epicbrief on their mission to redefine the gross sales workflow. Their founders’ deep understanding of gross sales challenges, mixed with the groundbreaking potential of recent generative AI applied sciences, positions them nicely to assist gross sales groups in reworking their work and boosting their efficiency.”
Revolutionising the work of gross sales professionals
Epicbrief says gross sales groups have skilled ongoing difficulties over the previous 20 years. Nearly all of gross sales groups obtain lower than 50 per cent of their quotas and most gross sales folks have tenures of lower than two years, contributing to excessive turnover charges.
On common, gross sales reps spend 70 per cent of their time on administrative chores whereas the present financial disaster has merely raised the bar for them and their managers.
That is the place Epicbrief goals to make a distinction.
Based in 2022 by Miro Putkonen, Pyry Takala, and Anton Dobrzhanskiy, Epicbrief, with its AI-based answer, automates many administrative duties gross sales reps face every day.
The startup claims that gross sales groups can now concentrate on extra vital duties and enhance productiveness through the use of its know-how to transform gross sales discussions into concise, goal summaries in a matter of seconds.
CRM knowledge will also be robotically crammed up because of Epicbrief, which has integration with numerous video conferencing programmes and CRM platforms. Gross sales professionals can accumulate, look at, and use assembly knowledge utilizing this device to resolve what to do subsequent.
Miro Putkonen says, “We consider that AI presents a large alternative to fully rework the work of gross sales professionals. By automating administrative duties, we’re enabling them to concentrate on what actually issues: constructing relationships, closing offers, and attaining their quotas.”
“As a begin, we concentrate on automating gross sales name summaries and motion plans and supply easy-to-use instruments for collaboration and communication to make gross sales organisations extra productive and make better-informed choices.”
“In the long run, we’re trying to broaden in direction of automation throughout the entire gross sales workflow,” provides Putkonen.
Capital utilisation
Epicbrief claims {that a} small variety of top-performing gross sales professionals, who had been chosen to participate within the beta programme, are actually utilizing the Epicbrief platform.
The raised capital shall be utilized by the startup to aggressively develop its person base within the subsequent months whereas frequently bettering its platform based mostly on person enter.
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