COMPANY INFO
Provarity, founded in 2018, is a private company headquartered in Livermore, California, operating in the Business/Productivity Software industry. The founders include David McCulley, Jerry Casilli, Jonathan Hoffberg, Russ Lujan (Co-Founder and CPO), and Chris Cabrera (Founder and CEO). Provarity develops an AI-driven sales performance management platform that helps businesses improve sales win rates and forecasting accuracy by providing real-time insights, performance analytics, and seamless integration with tools like Slack and Salesforce. The company has around 31 employees and has raised $7 million in seed funding to enhance its presales enablement capabilities. Their website is provarity.com.
Provarity, Inc., founded in 2018, is a private company based in Livermore, California, specializing in Business/Productivity Software. Provarity is renowned for its AI-driven sales performance management platform, which enables businesses to boost win rates and improve forecasting accuracy with real-time insights, advanced analytics, and seamless integration with tools including Slack and Salesforce. Their mission is to empower presales teams to make data-driven decisions and drive sales excellence. With a team of about 34 employees and a leadership group with deep expertise in sales, technology, and SaaS, Provarity is innovating the way modern sales organizations operate.
When it comes to Provarity, Inc. funding, the company has attracted attention from top-tier investors. Provarity, Inc. has raised a total of $7 million through one seed funding round. This capital infusion, which took place in late 2024, marks the company's first major funding milestone and highlights growing interest in AI-powered sales enablement solutions. The Provarity, Inc. funding rounds have primarily focused on accelerating growth, expanding the customer base, enhancing customer support, and refining the core platform for modern presales teams. Provarity, Inc. investors include leading venture capital firms, signaling confidence in the company's technology and market approach.
Provarity, Inc. secured $7 million in seed funding to scale its operations and expand its footprint in the B2B sales ecosystem. The funds are being utilized to grow the customer base, enhance customer support, and further develop Provarity’s AI-powered platform for presales and sales performance management.
Cheyenne Ventures led Provarity, Inc.'s seed funding round. As a leading early-stage investor, Cheyenne Ventures plays a pivotal role in guiding the company’s funding strategy and supporting its expansion plans.
Crosslink Capital participated in the seed round and is known for backing high-growth technology startups. Their involvement reflects strong confidence in Provarity, Inc.'s innovative approach and long-term vision.
Rembrandt Partners also invested in the seed round, bringing expertise in supporting rapidly scaling SaaS businesses. Their support strengthens Provarity, Inc.'s venture capital network.
Ikigai Growth Partners' participation in the funding round underscores Provarity, Inc.'s potential for disruptive growth in the enterprise software sector.
Illuminate Ventures is recognized for investing in exceptional founders developing transformative enterprise solutions. Their investment in Provarity, Inc. is aimed at fostering innovation in sales enablement technology.
Bain Capital’s participation as an investor lends significant credibility and resources to Provarity, Inc.'s funding journey, supporting strategic development and go-to-market execution.
Cheyenne Partners, with a focus on technology investments, contributed to the round, helping Provarity, Inc. expand its solution offerings and customer reach.
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