With users reporting 24% productivity gains, Lative secures €6.4 million to scale its AI-driven sales planning tool
Dublin-based Lative, an AI sales planning platform, has secured €6.4 million in funding to enhance its product development and expand its market reach. This investment signals growing interest in AI-driven tools aimed at streamlining commercial operations within the European tech landscape. The platform focuses on providing real-time visibility and data-driven insights to sales teams. The funding round was co-led by Act Venture Capital and Senovo VC, with additional backing from Elkstone, Enterprise Ireland, and others. Lative's platform helps sales teams move away from manual spreadsheet-based planning, offering a unified, cloud-based solution. Early users have reported a 24% increase in sales productivity, highlighting the potential impact of AI-driven sales tools. This investment underscores a broader trend of European venture capital flowing into AI-powered sales solutions. The platform aims to impact sales planning and execution teams by offering real-time visibility to identify and address problems before they become significant issues. Lative's solution allows businesses to make data-driven decisions and optimize resource allocation. Lative, founded in 2022, is one of several companies in Europe receiving investment for similar AI-driven sales tools. Other companies mentioned include Remuner, Bizzy, and Spiich Labs, indicating a competitive and active market segment. The company focuses on the European market, which is experiencing an increase in investments for AI-driven sales solutions.
To provide multilingual access, this article summary was automatically generated.
Source Information
European Alternatives You Might Like
Mollie
Mollie is a Dutch payment service provider that facilitates online and in-person payment processing for businesses. It enables users to accept various payment methods, including credit cards, bank transfers, and digital wallets. Key features include quick setup, transparent pricing, and support for multiple European payment methods. Mollie is suitable for businesses of all sizes, from startups to established enterprises, looking to streamline their payment processes and expand their customer reach by offering diverse payment options.
Mailbox
Mailbox.org is a secure email provider offering a comprehensive digital workspace. It provides email, calendar, cloud storage, and an office suite, including document editing, and video conferencing capabilities. This service is designed for both individuals and businesses seeking GDPR-compliant communication and data storage solutions. Key features include end-to-end encryption options, secure file sharing, and customizable domain support.
Scaleway
Scaleway is a European cloud computing provider offering a range of services, including servers, storage, and networking solutions. Key features include bare metal servers, virtual machines, object storage, and managed Kubernetes. It's suitable for developers, startups, and businesses seeking cloud infrastructure for web applications, data storage, and various other workloads. Scaleway distinguishes itself through competitive pricing and a focus on European data sovereignty, with data centers in France and the Netherlands.