SiftHub, an artificial intelligence-enabled platform for enterprise sales teams, on Wednesday said it has raised $5.5 million in a seed round of funding led by Matrix Partners India and Blume Ventures.
The San Francisco-headquartered startup was founded by Manisha Raisinghani, cofounder and former chief technology officer of Tiger Global Management-backed software-as-a-service (SaaS) startup LogiNext Solutions.
ET had first reported about the deal talks in June 2023.
Business-to-business (B2B) SaaS-focussed venture capital fund Neon Fund also participated in the round. Other investors included Razorpay founders Harshil Mathur and Shashank Kumar, SuperOps AI founder Arvind Parthiban, former Cloudfare general manager Manish Jindal, and Superhuman head of sales Andrew Johnston, among other angel investors.
So far, SiftHub has signed up about 18 clients. Launched two months ago, SiftHub acts as a central hub to collate and sift through content scattered across multiple repositories and tools. Through knowledge discovery and automated response creation, it helps sales and pre-sales teams close deals faster.
The platform integrates with workplace apps such as customer relationship management software, content repository, knowledgebase, and ties all the enterprise knowledge into a