{"id":24739,"date":"2021-06-07T05:55:48","date_gmt":"2021-06-07T05:55:48","guid":{"rendered":"https:\/\/rbsitsoftwaresolution.com\/blog\/dealhub-raises-20m-series-b-for-its-sales-platform.html"},"modified":"2021-06-07T05:55:48","modified_gmt":"2021-06-07T05:55:48","slug":"dealhub-raises-20m-series-b-for-its-sales-platform","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/dealhub-raises-20m-series-b-for-its-sales-platform.html","title":{"rendered":"DealHub raises $20M Series B for its sales platform"},"content":{"rendered":"

DealHub.io<\/a>, an Austin-based platform that helps businesses manage the entire process of their sales engagements, today announced that it has raised a $20 million Series B funding round. The round was led by Israel Growth Partners<\/a>, with participation from existing investor Cornerstone Venture Partners<\/a>. This brings DealHub\u2019s total funding to $24.5 million.<\/p>\n

The company describes itself as a \u2018revenue amplification\u2019 platform (or \u2018RevAmp,\u2019 as DealHub likes to call it) that represents the next generation of existing sales and revenue operations tools. It\u2019s meant to give businesses a more complete view of buyers and their intent, and streamline the sales processes from proposal<\/a> to pricing quotes<\/a>, subscription management<\/a> and (electronic) signatures.<\/p>\n

\u201cYesterday\u2019s siloed sales tools no longer cut it in the new Work from Anywhere era,\u201d said Eyal Elbahary, CEO Co-founder of DealHub<\/span>.io. \u201cSales has undergone the largest disruption it has ever seen. Not only have sales teams needed to adapt to more sophisticated and informed buyers, but remote selling and digital transformation have compelled them to evolve the traditional sales process into a unique human-to-human interaction.\u201d<\/span><\/p>\n

The platform integrates with virtually all of the standard CRM tools, including Salesforce, Microsoft Dynamics and Freshworks, as well as e-signature platforms like DocuSign.<\/p>\n

The company didn\u2019t share any revenue data, but it notes that the new funding round follows \u201ccontinued multi-year hyper-growth.\u201d In part, the company argues, demand for its platform has been driven by sales teams that need new tools, given that they \u2014 for the most part \u2014 can\u2019t travel to meet their (potential) customers face-to-face.<\/span><\/p>\n

\u201cRevenue leaders need the agility to keep pace with today\u2019s fast and ever-changing business environment. They cannot afford to be restrained by rigid and costly to implement tools to manage their sales processes,\u201d said Uri Erde, General Partner at Israel Growth Partners. \u201cRevAmp provides a simple to operate, intuitive, no-code solution that makes it possible for sales organizations to continuously adapt to the modern sales ecosystem. Furthermore, it provides sales leaders the visibility and insights they need to manage and consistently accelerate revenue growth. We\u2019re excited to back the innovation DealHub<\/span> is bringing to the world of revenue operations and help fuel its growth.\u201d<\/span><\/p>\n

Article source: http:\/\/feedproxy.google.com\/~r\/techcrunchIt\/~3\/8dk3yIo4qis\/<\/p>","protected":false},"excerpt":{"rendered":"

DealHub.io, an Austin-based platform that helps businesses manage the entire process of their sales engagements, today announced that it has raised a $20 million Series B funding round. The round <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[19],"tags":[25],"class_list":["post-24739","post","type-post","status-publish","format-standard","hentry","category-enterprise-software","tag-enterprise"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t