Qualified plans to use the funds to accelerate its product roadmap. Here are the top-line bullets you need to know.
Qualified, a conversational sales and marketing platform, has raised $95M in a Series C. The round drew participation from Salesforce Ventures, Norwest Venture Partners, Sapphire Ventures, and Tiger Global Management, among others.
How’s the company performing?
- California-based Qualified enables revenue teams that use Salesforce to gain insight into buyer intent and initiate real-time sales conversations.
- The company’s clients include Adobe, Databricks, and VMWare, among others.
- Qualified reportedly grew its team by 5x and achieved a 150% net revenue retention rate last year.
- The company experienced 400% year-over-year revenue growth.
Source: Qualified
Why does the market matter?
- The conversational intelligence market is expected to reach a value of $13.9B by 2025, growing at a CAGR of 21.9%, according to Markets and Markets.
- The rise of social platforms and advancements in AI technology have contributed to industry growth.
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