Total amount raised
$71 Million
Latest funding date
2022-02-14
Location
Databook has developed a guided selling platform designed to drive consistent, scalable revenue growth for enterprise sales and go-to-market teams. The platform offers a range of capabilities, including smarter territory design, predictive account scoring, and buyer alignment, all aimed at enhancing productivity and increasing average contract values.
With its advanced reasoning engine and comprehensive GTM control center, Databook provides tools for strategizing, preparing, and winning large deals. Keep reading to explore the intricacies of Databook's fundraising journey and the investors backing this innovative platform.
What Is Databook?
Databook, founded by Anand Shah and Alex Barrett, is a prominent player in the enterprise sales and go-to-market (GTM) solutions industry. The company is headquartered in Palo Alto, California.
Specializing in guided selling, Databook integrates operational planning and GTM execution to drive significant value at scale. The platform leverages AI-powered insights and coaching workflows to enhance seller performance, supporting large, complex sales motions.
Databook's innovative approach has attracted major clients like Salesforce, Microsoft, and Databricks, influencing over $500 billion in annual revenue. The company focuses on integrating planning, execution, and measurement in a closed-loop system to drive GTM transformation.
How Much Funding Has Databook Raised?
- Seed Round
- Amount Raised: USD 5,000,000
- Date: February 2020
- Series A
- Amount Raised: USD 16,000,000
- Date: April 2021
- Lead Investors: M12 - Microsoft's Venture Fund
- Series B
- Amount Raised: USD 50,000,000
- Date: February 2022
- Lead Investors: Bessemer Venture Partners
In total, Databook has raised USD 71,000,000 across all funding rounds.
Key Investors
- Bessemer Venture Partners
- Details: Bessemer Venture Partners is a leading venture capital firm with a history of investing in transformative companies. They have been involved in over 200 IPOs and have a global presence.
- Investment Focus Areas: Cloud computing, cybersecurity, healthcare.
- Notable Investments: LinkedIn, Shopify, Pinterest.
- M12 - Microsoft's Venture Fund
- Details: M12 is the venture capital arm of Microsoft, focusing on early-stage investments. They provide both funding and strategic support to their portfolio companies.
- Investment Focus Areas: Artificial intelligence, cloud infrastructure, cybersecurity.
- Notable Investments: Livongo, Aqua Security, Innovaccer.
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