Advisr
Advisr is a technology company.
Financial History
Advisr has raised $11.0M across 2 funding rounds.
Frequently Asked Questions
How much funding has Advisr raised?
Advisr has raised $11.0M in total across 2 funding rounds.
Advisr is a technology company.
Advisr has raised $11.0M across 2 funding rounds.
Advisr has raised $11.0M in total across 2 funding rounds.
Advisr is a technology company founded in 2017 that provides a SaaS sales operating system designed to accelerate sales velocity for organizations of any size. Its platform uses data-driven automation to recommend the optimal product mix for each sales opportunity in under three minutes, enabling sales teams to build personalized proposals and media plans quickly and consistently. This results in significant increases in deal size, order value (by about 60%), and the number of products sold per order (three-fold increase), while also improving sales efficiency by automating workflows and providing granular sales intelligence to managers[1][2]. Advisr serves sales organizations looking to optimize revenue growth and operational efficiency by leveraging their full product portfolio.
Advisr was founded in 2017 to address the inefficiencies sales teams face in gathering information, pricing consistently, and leveraging their entire product portfolio during sales engagements[1][3]. The company was created out of a direct need to enable sales organizations to sell more effectively and faster. Key figures involved include Walter McCormack, co-founder of Granite Capital Management, who brings experience from investment banking and technology sectors, and other board members with backgrounds in online media and venture capital[4]. The platform’s early traction is demonstrated by its ability to deliver rapid, data-driven product recommendations and automate pre-sale workflows, which resonated strongly with sales organizations.
Advisr rides the trend of digital transformation and automation in sales, addressing the market demand for faster, data-driven, and scalable sales processes. The timing is favorable as sales organizations increasingly seek to leverage technology to reduce manual tasks, improve consistency, and increase revenue in competitive markets. Market forces such as the proliferation of SaaS platforms, the need for personalized customer engagement, and the integration of AI-driven recommendations support Advisr’s growth. By enabling sales teams to optimize product mix and pricing dynamically, Advisr influences the broader ecosystem by setting new standards for sales efficiency and intelligence[1][2][3].
Looking ahead, Advisr is well-positioned to expand its impact by further enhancing automation capabilities and integrating advanced AI to refine product recommendations and sales strategies. As sales organizations continue to prioritize operational efficiency and personalized customer engagement, Advisr’s platform could evolve to incorporate deeper analytics and predictive insights. Its influence may grow beyond sales teams to broader marketing and revenue operations, potentially becoming a central hub for revenue acceleration. The company’s ability to maintain flexibility and integration with diverse tech stacks will be critical to sustaining growth and relevance in an evolving sales technology landscape[1][2].
Advisr exemplifies how blending technology with sales science can transform traditional sales processes into agile, data-driven engines of growth.
Advisr has raised $11.0M in total across 2 funding rounds.
Advisr's investors include Acadian Ventures, Jenny Fielding, Scott Hartley, Matchstick Ventures, Next Frontier Capital, Techstars.
Advisr has raised $11.0M across 2 funding rounds. Most recently, it raised $6.0M Venture Round in February 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2022 | $6.0M Venture Round | Acadian Ventures, Jenny Fielding, Scott Hartley, Matchstick Ventures, Next Frontier Capital, Techstars | |
| Nov 1, 2020 | $5.0M Seed | Acadian Ventures, Jenny Fielding, Scott Hartley, Matchstick Ventures, Next Frontier Capital, Techstars |