SquadStack (1), a San Francisco and New Delhi based sales acceleration startup, has recently secured 5 million USD in Series A funding round. Chiratae Ventures led the latest fundraise, along with the participation from Blume Ventures, its existing investor.
The firm will utilize the fresh infusions to ramp up its growth, product development, platform, and data science team in the USA and India. SquadStack would help consumer businesses with high-ticket products and services across several industries to improve their sales conversions and funnel performance. It includes real estate, financial services, healthcare, education, retail.
Apurv Agrawal, the CEO of SquadStack, while commenting on the startup, stated that the team is grateful to everyone who believed in their purpose to develop a sales acceleration and funnel efficiency stack for consumer-focused businesses across the globe.
SquadStack Offers Quality Products to India and the US Markets
He added that he ensures his customers and partners that the best quality products of SquadStack would make their lives easier with no diversion. The company provides its services to customers in Indian and US markets. It is tailored as per the requirement of the region. The startup clients in India include Walmart Group, Zomato, Times Group, Tata Group, ZestMoney, Delhivery, and Nestaway.
The company started its Sales Acceleration Platform, SquadVoice, now called SquadIQ (2), in 2018 in India’s market. As claimed by the company, the platform has helped its clients drive 5 to 10 times more improvement in their funnel efficiency metrics. It uses data science, a distributed workforce, and cloud infrastructure in-combine.
SquadStack launched an identical platform in the US real estate market in 2019. It has helped broker teams to boost their revenues, cost-cutting, improving agent training, and retention. The platform is applying its data-driven sales acceleration principle. Notably, SquadStack expects ten times growth in its customer base in the next two years, claims the company.