VC firm RTP Global leads $4.2 mn financing round in sales AI startup Budy

INSUBCONTINENT EXCLUSIVE:
efficiency | Photo: X@rtpvc2 min read Last Updated : Oct 16 2024 | 1:21 PM IST Venture capital firm RTP Global led a $4.2 million
pre-seed funding round in Budy, which uses artificial intelligence (AI) to assist other companies in using sales and marketing
software. The investment had other backers, including executives of technology companies Postman and Pure Storage, said Budy in a
statement on Wednesday.Click here to connect with us on WhatsApp The startup addresses a common problem at enterprises: Too many software
tools affecting operations
Its AI solutions fix this by improving how existing software is used rather than putting up new systems. Budy's mission is born from
The previous company scaled up to about $100 million, and as it scaled, I felt every time we went through one stage, we needed to implement
new sales and marketing software so that we can accelerate our growth
and improving sales efficiency
It aims to assist high-growth companies that have revenues between $25 million and $200 million
By automating processes typically handled by developers, Budy reduces the time it takes to implement sales and marketing software.First
Published: Oct 16 2024 | 12:28 PMIST