6sense has successfully raised $99 million over five funding rounds, achieving a valuation of $5.2 billion. The platform leverages predictive intelligence to enhance marketing and sales efforts by uncovering net-new prospects and determining market readiness.
Keep reading to explore the intricacies of 6sense's fundraising journey and the investors backing this innovative platform.
What Is 6sense?
6sense, founded by Viral Bajaria, Amanda Kahlow, and Premal Shah, is based in San Francisco, California. The company specializes in providing a B2B predictive intelligence engine for marketing and sales.
Using a private network of billions of time-sensitive intent interactions, 6sense helps businesses uncover net-new prospects and determine market readiness. Their platform predicts what products prospects will buy, how much they will buy, and when.
With a team of 51-200 employees, 6sense empowers revenue teams to identify and target potential customers more effectively, leveraging advanced AI-driven insights.
How Much Funding Has 6sense Raised?
- Series A
- Amount Raised: $12,000,000
- Date: May 2014
- Lead Investors: Venrock, Battery Ventures, Silicon Valley Bank
- Motivation Behind the Round: To develop and launch their predictive intelligence engine.
- Series B
- Amount Raised: $20,000,000
- Date: February 2015
- Lead Investors: Bain Capital Ventures
- Motivation Behind the Round: To scale operations and expand market presence.
- Unknown
- Amount Raised: $27,000,000
- Date: April 2019
- Lead Investors: Industry Ventures
- Motivation Behind the Round: To enhance product offerings and drive growth.
- Series C
- Amount Raised: $40,000,000
- Date: January 2020
- Lead Investors: Insight Partners
- Motivation Behind the Round: To accelerate revenue growth and expand the team.
- Series E1
- Date: January 2022
- Valuation at Round: $5.2B
- Motivation Behind the Round: To further scale the business and invest in AI-driven insights.
Total Amount Raised: $99,000,000
Current Valuation: $5.2 billion
Key Investors
- Bain Capital Ventures
- Details: Bain Capital Ventures is a leading venture capital firm that invests in early to growth-stage companies. They are known for their strategic support and extensive network.
- Investment Focus Areas: Enterprise software, infrastructure software, data transformation industries
- Notable Investments: DocuSign, LinkedIn, SurveyMonkey
- Battery Ventures
- Details: Battery Ventures is a global, technology-focused investment firm. They invest in companies at all stages, from seed to buyout.
- Investment Focus Areas: Software, IT infrastructure, consumer technology, industrial technology
- Notable Investments: Akamai Technologies, Glassdoor, Nutanix
- Venrock
- Details: Venrock is a venture capital firm originally established as the venture arm of the Rockefeller family. They focus on early-stage and growth investments.
- Investment Focus Areas: Technology, healthcare
- Notable Investments: Apple, Intel, DoubleClick
- Salesforce Ventures
- Details: Salesforce Ventures is the investment arm of Salesforce, focusing on enterprise cloud companies. They aim to extend the power of the Salesforce platform.
- Investment Focus Areas: Enterprise cloud companies, companies extending the Salesforce platform
- Notable Investments: Dropbox, Twilio, Zoom
What's Next for 6sense?
6sense stands at the cusp of significant opportunities in the B2B predictive intelligence market. With the increasing reliance on data-driven decision-making, the platform is well-positioned to capitalize on the growing demand for advanced AI-driven insights. This potential for growth could attract further investment, enabling 6sense to expand its capabilities and market reach.
Future fundraising efforts will likely focus on scaling operations and enhancing product offerings. However, the company may face challenges such as maintaining data privacy and staying ahead of technological advancements. Navigating these hurdles will be crucial for sustaining its competitive edge and achieving long-term success.
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