Demostack, a San Francisco, California-based startup that creates a “demo experience” platform for SaaS sales teams, announced that it has raised $34 million in a Series B round led by Tiger Global Management.
Bessemer Venture Partners, Amiti Ventures, GTMfund, Operator Collective, and StepStone also participated in the round.
According to CEO Jonathan Friedman, the funds will be used to expand the company’s footprint while also investing in R&D, sales, and marketing in the United States, Europe, the Middle East, and Africa.
“We’ve created something truly unique for the market, the ability to create tailored product demos for every live sales call in minutes. Demostack lets you showcase your product in the best light on every call, without the hassle,”Jonathan Friedman CEO of Demostack.
Demostack, founded in 2020 by Jonathan Friedman, Aaron Hakim, and Gilad Avidan, has created a platform that allows users to build customized product demos for every live sale call quickly. Users can create a fully functional demo environment that can be changed with a point and click to design a product story that resonates with each customer using the company’s technology.