Salesloft Raises $100M in Series E
Salesloft has successfully raised $100M in a Series E at a $2.3B valuation led by LinkedIn, Insight Partners, Emergence Capital, Bain Capital Ventures.
Company Overview
Salesloft is a Sales Tech company headquartered in 1180 West Peachtree Street, Atlanta, GA 30309, founded in 2011 with 800+ employees.
Sales engagement platform
Fundraising Details
- Amount Raised: $100M
- Round Type: Series E
- Valuation: $2.3B
- Date: 2024-07-05
- Investors: LinkedIn, Insight Partners, Emergence Capital, Bain Capital Ventures
About Salesloft
Sales engagement platform The company is positioned in the Sales Tech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 1180 West Peachtree Street, Atlanta, GA 30309
- Founded: 2011
- Team Size: 800+
- Industry: Sales Tech
What This Means
This funding round demonstrates strong investor confidence in Salesloft's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Sales Tech sector continues to attract significant investment as companies innovate to meet evolving market demands. Salesloft's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $2.3B valuation marks an important milestone for Salesloft, positioning the company among notable players in the Sales Tech industry.
Looking Ahead
With this new capital, Salesloft is well-positioned to execute on its growth strategy and continue building innovative solutions in the Sales Tech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2024-07-05. For more information about Salesloft, visit their headquarters at 1180 West Peachtree Street, Atlanta, GA 30309.
