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Home / News / Business News / Marketing intelligence start-up Slintel raises $1.5 million seed funding
Business

Marketing intelligence start-up Slintel raises $1.5 million seed funding

Marketing intelligence start-up Slintel raises $1.5 million seed funding
Written by YANTRA (Bot)
Edited by Ratnakar Shukla
Dec 16, 2019, 04:09 pm 2 min read
Marketing intelligence start-up Slintel raises $1.5 million seed funding

Slintel, a San Francisco-headquartered SaaS start-up which provides lead intelligence and sales enablement support to businesses, has raised $1.5 million in a seed round of funding. The investment was led by Stellaris Venture Partners, a Bengaluru-based firm that invests in early-stage start-ups, along with participation from Accel Partners and Powerhouse Ventures. Here's everything to know about Slintel and its fund-raise.

Slintel
First, a bit about Slintel and its work

Started in 2016 by Deepak Anchala, Rahul Bhattacharya and Ranjana TN, Slintel provides predictive sales insights to US-based tech and software product firms. The company, which has offices in Mountain View and Bengaluru, tracks over 40,000 software products, including Salesforce CRM, HubSpot Sales, etc. and provides insights such as buying behavior, usage, spend as well as renewal patterns.

Quote
Cutting-edge solutions for sales and marketing efforts, says investor

While talking about the investment, Prayank Swaroop, partner at Accel, said, "Every software company requires a way to prioritize its sales and marketing efforts. Slintel provides a cutting edge solution for this need. We were impressed by the roster of clients the company has, from start-ups to Fortune 500 corporations." He added, "Slintel is a powerful and necessary tool in any VP sales/marketing arsenal."

Future plans
How it will use the fresh funds?

Now, Slintel will deploy the fresh funds to expand its presence in the US market, hire more marketing professionals, and scale-up its technical infrastructure. Apart from that, the company will also use the capital to expand its sales and marketing operations in the US and work on new and innovative ideas to expand its product portfolio.

Information
Here's a look at the previous investments in Slintel

Before this round, Slintel had received an undisclosed amount from GSF Accelerator by graduating from its sixth batch of start-up accelerator program, along with Chizel, Khabri, and Vaultedge. Further, according to the Crunchbase data, the start-up has raised $1.8 million funding so far.

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