Slintel raises $20M from GGV Capital in Series A funding

Slintel-raises-$20M-from-GGV-Capital-in-Series-A-funding(source: SaaS Industry)
At a Glance

Slintel, a buyer intelligence platform, has netted $20M in a Series A investment led by GGV Capital amid a rapidly increasing digital transaction in B2B businesses. Slintel’s tools, with the help of data, helps businesses understand buyer intelligence. It aims to emerge as a leader in this market

B2B buyer intelligence platform, Slintel, has raised $20 million in Series A funding led by global VC firm, GGV Capital, to build a reliable and powerful marketplace for B2B sellers and buyers and to expand worldwide. 

Existing investors – Accel, Sequoia Capital India, and Stellaris Venture Partners- had participated in the funding round. With this Series A funding, the total amount raised by Slintel crosses $25 million, as per Crunchbase. The Series A raise comes on the heels of Slintel’s five-fold increase in revenue in the last year, as per its statement to the press.

According to Slintel, buying intelligence is taking over traditional sales and marketing intelligence as buyers prefer online modes. It estimates that by 2025, 80 percent of all B2B buying will occur digitally. 

This is where Slintel helps go-to-market companies by helping them understand where buyers are in their journey, what their pain points are, their technology adoption, and churn rate, among others, to help them understand buyers better. Founded in 2018, Slintel provides a platform that uncovers various forms of buying intelligence to make the process of identifying high-intent prospects simpler, and more intuitive, and completely data-driven. 

Deepak Anchala, founder and CEO of Slintel, stated that with the backing of GGV Capital, Slintel would look to emerge as the market leader.

The Slintel team is delighted to welcome Hans Tung as its newest board member. We look forward to deepening our solution to power-use cases across different GTM functions.

Deepak Anchala, founder and CEO of Slintel,

Hans Tung, managing partner at GGV Capital, said that B2B transactions have gone more digital in the past year due to the COVID-19 pandemic and stressed Slintel’s role in the market.

Inside sales teams are closing high-value, multi-million dollar deals while working remotely, and products like Slintel are enabling companies to do this by helping them re-imagine their entire sales process for today’s environment

Hans Tung, managing partner at GGV Capital
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