Growlabs
Growlabs is a startup using machine intelligence to support sales teams. With Growlabs, sales teams can specify the type of contact and business they want to target and the platform will automatically generate leads, begin sending emails and vet the inbound responses. Growlabs combines machine learning with a database of 320 million prospects to identify and target the contacts with whom you’ll be most likely to close a sale. And by collecting data on every interaction, the platform is able to provide advice for users in determining when to send emails and how many follow-ups to attempt. The company partners with data exchanges and data APIs. It also employs research contractors to verify and add data in order to provide the most up-to-date information
Growlabs
Growlabs is a startup using machine intelligence to support sales teams. With Growlabs, sales teams can specify the type of contact and business they want to target and the platform will automatically generate leads, begin sending emails and vet the inbound responses. Growlabs combines machine learning with a database of 320 million prospects to identify and target the contacts with whom you’ll be most likely to close a sale. And by collecting data on every interaction, the platform is able to provide advice for users in determining when to send emails and how many follow-ups to attempt. The company partners with data exchanges and data APIs. It also employs research contractors to verify and add data in order to provide the most up-to-date information
TL;DR
What they did: B2B outbound sales automation using machine learning and a large prospect database
Raised: $2.2M seed (May 2017)
Outcome: Acquired by AdRoll (RollWorks) in Nov 2018
Data scale: Reported ~320–350M business identities / prospects
Company Overview
Problem Domain
Outbound sales automation and B2B lead generation
Founded
2016
Industry
Sales technology / B2B SaaS
Funding Track Record
$2.2M
Seed round announced May 5, 2017