Inflowz, an artificial intelligence process optimization company, raised $3.5 million in seed funding from Glilot Capital Partners. The investor is a venture capital fund that specializes in enterprise software.
Founded in 2017, the company aims to help sales leaders optimize their processes with an artificial intelligence technology platform. The technology generates a visual display of various sales journeys, and creates dynamic recommendations for optimization and maximization of revenue throughout the sales process.
Inflowz says it will use the funds to expand its current Tel Aviv-based team of 10 with engineering, Machine Learning, and AI professionals.
Inflowz CEO Avinoam Nowogrodski said in a statement: "The implementation of artificial intelligence into company operations is becoming increasingly important. As companies experience and learn more about the impact that AI can have on streamlining their various processes, they will seek to apply it to virtually every department within their organization - especially Sales. We want to be the go-to-market AI process optimization service for these companies, and help them build winning sales processes."
Read more: PR Newswire