Sybill, an innovator in AI-powered sales solutions, has secured $11 million in funding in an oversubscribed Series A round led by Greycroft.
The company’s AI-driven assistant automates the time-consuming tasks that burden sales representatives, allowing them to focus on closing deals.
Existing investors like Neotribe Ventures, Powerhouse Ventures, and Uncorrelated Ventures, led the round, which brings Sybill’s total funding to $14.5 million and aims to enhance the efficiency and effectiveness of sales teams across the globe.
Sybill’s innovative AI assistant addresses the challenges faced by B2B sales teams, where administrative tasks consume over 65% of a sales representative’s time.
Traditional tools have fallen short in optimising these processes, but Sybill’s solution autonomously completes tasks, allowing reps to spend more time engaging with prospects and closing deals.
The recent $11 million funding round will enable Sybill to expand its capabilities further. With the B2B sales environment evolving rapidly, personalisation has become important yet burdensome for sellers.
Sybill’s AI assistant streamlines these processes by blending conversational and behavioural AI, automating tasks such as call summaries, follow-ups, CRM updates, and buyer intent analysis. This ensures sales teams can build genuine relationships and enhance the buying experience.
Gorish Aggarwal, CEO and co-founder of Sybill, emphasised the power of their solution: “When salespeople spend more time with CRM than customers, change is needed. Our AI assists reps in focusing on prospects and closing deals faster.”
The company’s roots in deep AI expertise set it apart, predating the surge of interest in LLM wrappers. Founded by AI experts from top institutions like Stanford and Harvard, Sybill has evolved into a comprehensive sales assistant platform, refining its approach through extensive research and sales rep feedback.
Sybill’s holistic approach gives it a competitive edge over conventional tools. Analysing buyer interactions across the entire sales cycle provides more accurate deal summaries and follow-up communications, enhancing sales effectiveness. As noted by Suresh Matthew, CEO of Sedai, the platform has greatly addressed their sales challenges.
In just 18 months, Sybill has seen exponential growth, tripling its headcount and serving over 500 customers. With over 60% of new revenue stemming from customer referrals, Sybill’s product-led growth highlights its commitment to user-friendly sales solutions.
“Sybill’s AI is transforming sales productivity and effectiveness,” says Mark Terbeek, Partner at Greycroft. “The tangible benefits it provides to sales reps make it a foundational tool for go-to-market professionals.”
Sybill plans to leverage its recent funding to enhance its AI assistant’s functionality, automating more tasks and delivering deeper buyer insights. The company is working to empower today’s sales representatives to become tomorrow’s top performers through cutting-edge AI technology.
