Latest news with #JeffHoring
Yahoo
21-05-2025
- Business
- Yahoo
Check out the 14-slide pitch deck agentic AI startup Sweep used to raise $22.5 million from Insight Partners
Sweep secured a $22.5 million Series B to enhance its agentic AI platform for businesses. Sweep's platform automates workflows in Salesforce and Hubspot for go-to-market teams. It gave BI the 14-slide pitch deck used to secure the fresh funding. A New York startup that's developed an agentic AI to help companies carry out their go-to-market operations has just raised $22.5 million in a Series B round led by Insight Partners. Sweep's AI automates go-to-market workflows that employees would otherwise do manually on customer relationship management platforms Salesforce and Hubspot. The startup embeds its AI platform directly into Salesforce and Hubspot. Its AI can update Salesforce records, offer project pipeline updates by creating real-time alerts on Slack, and monitor and gather data across documents. The startup, which launched in 2021, offered a tiered subscription model, with tiers based on the level of intelligence and automation that its customers need. Clients include Wix, HR startup HiBob, and NBC Sports. Sweep's cofounder and CEO, Ido Gaver, told Business Insider the round followed "strong revenue and customer growth." "In VC land, everyone's talking about agentic AI, but under the surface, there's growing skepticism. Investors are asking: Is this real? Is it hype? Does it actually deliver value? Most companies claim to be agentic, but very few can show it makes a difference for customers," he said in an interview. The Series B was led by software investment giant Insight Partners. Bessemer Venture Partners also participated. "Agentic AI is the next foundational shift in enterprise software, and Sweep is helping define what that looks like," said Jeff Horing, managing director at Insight Partners, in a statement accompanying the announcement of the fundraise. The startup will use the money to expand its go-to-market team and grow its agentic layer across platforms like Marketo, Gaver told BI. Check out the 14-slide pitch deck used to secure the fresh funding. Read the original article on Business Insider Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
20-05-2025
- Business
- Business Insider
Check out the 14-slide pitch deck agentic AI startup Sweep used to raise $22.5 million from Insight Partners
Sweep secured a $22.5 million Series B to enhance its agentic AI platform for businesses. Sweep's platform automates workflows in Salesforce and Hubspot for go-to-market teams. It gave BI the 14-slide pitch deck used to secure the fresh funding. A New York startup that's developed an agentic AI to help companies carry out their go-to-market operations has just raised $22.5 million in a Series B round led by Insight Partners. Sweep's AI automates go-to-market workflows that employees would otherwise do manually on customer relationship management platforms Salesforce and Hubspot. The startup embeds its AI platform directly into Salesforce and Hubspot. Its AI can update Salesforce records, offer project pipeline updates by creating real-time alerts on Slack, and monitor and gather data across documents. The startup, which launched in 2021, offered a tiered subscription model, with tiers based on the level of intelligence and automation that its customers need. Clients include Wix, HR startup HiBob, and NBC Sports. Sweep's cofounder and CEO, Ido Gaver, told Business Insider the round followed "strong revenue and customer growth." "In VC land, everyone's talking about agentic AI, but under the surface, there's growing skepticism. Investors are asking: Is this real? Is it hype? Does it actually deliver value? Most companies claim to be agentic, but very few can show it makes a difference for customers," he said in an interview. The Series B was led by software investment giant Insight Partners. Bessemer Venture Partners also participated. "Agentic AI is the next foundational shift in enterprise software, and Sweep is helping define what that looks like," said Jeff Horing, managing director at Insight Partners, in a statement accompanying the announcement of the fundraise. The startup will use the money to expand its go-to-market team and grow its agentic layer across platforms like Marketo, Gaver told BI.
Yahoo
26-02-2025
- Business
- Yahoo
VerAI Discoveries Secures $24 Million in Series B Funding Led by Insight Partners to Grow Its Global Asset Portfolio of AI-Based Mineral Discoveries
BOSTON, Feb. 26, 2025 /PRNewswire/ -- VerAI Discoveries (VerAI), a pioneering AI-driven mineral asset company, is pleased to announce a $24 million first closing of its Series B round. The investment was led by Insight Partners, a global software investor specializing in high-growth technology and software investments, with continued support from existing investors Blumberg Capital, Chrysalix Venture Capital, and Orion Industrial Ventures. The new capital will help accelerate the testing and economic development of VerAI's 60+ mineral projects with its exploration and development partners, while expanding the company's portfolio and continuing to refine and advance its platform. "This is a pivotal moment for VerAI," said Yair Frastai, CEO and Co-Founder of VerAI Discoveries. "This new round of funding endorses our proprietary and validated AI-driven discovery platform that has generated a portfolio of high-probability mineral projects in underexplored covered terrains, while unlocking substantial value in resource development in an industry that has long relied on traditional exploration methods. We welcome Insight Partners' support and the continued support of our existing investors, which allows us to drive innovation and develop our asset portfolio to meet the global demand for critical minerals." VerAI's proprietary AI Discovery Platform is engineered to identify concealed deposits of critical minerals with high levels of accuracy. Unlike conventional exploration methods, VerAI technology detects hidden mineralization beneath covered terrains, including dense forests, ice sheets, gravel layers, and young rock formations - reducing risk and cost while increasing the likelihood of discovery. Jeff Horing, Co-Founder and Managing Director at Insight Partners, will be joining VerAI's Board of Directors. "VerAI Discoveries is helping unlock value in the mineral exploration sector, an area where innovation has traditionally lagged," said Horing. "Their AI platform can transform how the world discovers and develops critical mineral resources essential for global economic growth, energy independence, and advanced defense solutions. We are excited to partner with VerAI's strong leadership team as they scale their technology." About VerAI Discoveries, Discoveries (VerAI) is an AI-driven mineral asset company that leverages its proprietary AI Discovery Platform to systematically identify and build an asset portfolio of high-probability locations of concealed mineral deposits. The company owns a rapidly growing portfolio of over sixty mineral projects and multiple royalties across North America and South America. By focusing on underexplored covered terrain within prime mining jurisdictions, VerAI dramatically increases the probability of discovering substantial deposits while mitigating economic risk. The company partners with leading industry investors and explorers to develop its global asset portfolio of base and precious metals targets, unlocking value and contributing to the global supply of critical minerals. For more information, visit About Insight PartnersInsight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of September 30, 2024, the firm has over $90B in regulatory assets under management. Insight Partners has invested in more than 800 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight has offices in London, Tel Aviv, and the Bay Area. Insight's mission is to find, fund, and work successfully with visionary executives, providing them with tailored, hands-on software expertise along their growth journey, from their first investment to IPO. For more information on Insight and all its investments, visit or follow us on X @insightpartners. Media Contact:Amie View original content to download multimedia: SOURCE VerAI Discoveries, Inc. Sign in to access your portfolio
