AskToSell, a startup based in Vilnius, recently secured a €100k pre-seed investment from Startup Wise Guys and Specialist VC, earmarked for the development of a sales automation platform designed for small deals. The startup provides an AI-driven sales automation platform tailored for small and medium-sized businesses, streamlining and optimizing the sales process for smaller deals. This funding is pivotal as it will enable AskToSell to launch their platform’s first version to the market and initiate commercial pilot programs, with a private beta set to commence in October, offering customers the opportunity to come aboard on a first-come, first-served basis.
SMB deal sizes are smaller by nature, so the logical way to compensate for this is to close more deals. However, scaling the deal volume can burn out your sales team and drive customer acquisition costs too high, breaking the unit economics, something co-founders Laimonas and Karolis painfully experienced in their former startup ZITICITY. A hard lesson they want other founders to avoid.
Using AskToSell, businesses are able to deploy AI sales reps with superhuman-like performance, at x10-30 lower cost compared to human labour. These autonomous agents will learn about your product, contact your leads, qualify, prepare proposals, handle objections, and close the deals. Automatically. You’ll just have to approve the proposals.
“Sales reps hate these repetitive tasks and copy-paste transactional sales, so implementing AskToSell will give you a lot of fans in the company and enable reps to focus on bigger deals,” said Laimonas Noreika, CEO and Co-founder at AskToSell.
Startup Wise Guys Global CEO Cristobal Alonso commented, ”We were the first investor in the previous startup founded by Laimonas and Karolis. Seeing their grit and teamwork, we were sure we’d invest in any new venture they build. And here we are, being the first believers again. AskToSell is solving a real and large problem and the team is well positioned to grow rapidly in the sales automation to SMBs market.”
AskToSell helps companies grow revenue faster by automating and personalizing the entire sales process for small deal sizes. Using a web platform, customers define products they want to sell, upload leads, and deploy autonomous agents. Autonomous agents will learn about your product, contact your leads via email, qualify, prepare proposals, handle objections, negotiate, and close the deal with superhuman-like performance.
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Originally published on ArcticStartup : Original article