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SaaS startup RevenueHero raises $5.1 million in funding from existing investors

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RevenueHero, a round of fundraising totaling $5.1 million was completed with participation from Together Fund and was overseen by current investor Stellaris Venture Partners. According to a release, the money raised will be used to grow the company across the North American market and to fortify the team.

A piece of software called RevenueHero assists its business-to-business (B2B) enterprise clients in monitoring the distribution, results, and conversions of sales-related meetings. Its goal is to decrease lengthy periods at its clients' end in order to engage sales prospects, reduce wasted marketing dollars, and improve the efficiency of sales pipelines.

"Inbox-watching and email ping-ponging should not be required to provide high-intent purchasers with an experience that corresponds to their urgency. We have observed this process in action, where excruciatingly long sales cycles result in unpleasant customer experiences that harm the bottom line of the company, according to Sudharshan Karthik, creator and CEO.

Karthik, Aaditya S, Charanyan Venkataraghavan, Hariharan R, Krupesh Muthukumar, and Pranav R launched the business in 2021. "With a deep understanding of the problem statement and a razor-sharp focus on the B2B buyer journey, the team has built a solution that demonstrates value to its customers," stated Alok Goyal, partner, Stellaris Venture Partners.

"RevenueHero's platform excels in both areas, enabling businesses to connect qualified buyers with the right sales representatives and reducing junk meetings," Manav Garg, founding partner at Together Fund, noted. According to the announcement, marketing teams from Okendo, Inflection, Rocketlane, and Traefik are among RevenueHero's clients.