Caffeinated capital software#
“We strongly believe that today's sales software needs to be automated and highly configurable to keep pace with fast moving demand. “We are excited to support RevOps in their pursuit of revolutionizing software for sales,” said Michael Gilroy, general partner at Coatue Management. "This just makes sense and the data doesn't lie, the adoption of RevOps amongst startups is impressive and I'm thrilled to back these exceptional founders from day one." "Sales is ready to cut the Gordian Knot of mind-numbing paperwork and contract negotiation around closing deals," said Raymond Tonsing, general partner and founder of Caffeinated Capital. RevOps was founded by Adam Ballai, the first engineering hire at Twilio who built its automated revenue operations platform in the lead up to its successful IPO in 2016, and John Solis, an early engineer at voice AI platform PullString, which was acquired by Apple in 2019. Prominent angel investors like Jeff Lawson of Twilio and executives from Airtable, GitHub, and Twilio are early backers of the team. The oversubscribed round was led by Caffeinated Capital, Coatue Management, and Google’s AI-focused venture fund Gradient Ventures. RevOps, the sales automation platform for quote-to-cash deal management, has raised $5 million in a follow-on seed round, bringing its total seed funding to $6.7 million.
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