Alta, a new startup focused on AI-driven revenue workforce solutions, has successfully secured $7 million in seed funding and launched its services. Led by investors Entrée Capital and Target Global, along with contributions from angel investor Ben Lang, Alta aims to revolutionize how sales teams operate by automating repetitive tasks such as lead research and outreach. Their AI agents, trained on diverse data, can save businesses up to 20 hours a week, allowing teams to focus on building relationships. Founders Stav Levi-Neumark, Tom Hoffen, and Mor Shabtai, along with advisors from leading companies like Salesforce and Greenfield Partners, are committed to enhancing revenue generation through innovative AI solutions.
Alta, a new player in the AI-powered revenue solutions Market, has successfully secured $7 million in seed funding and launched its operations after a period of stealth development. This funding round was led by Entrée Capital and Target Global, with support from angel investor Ben Lang and others. Notable advisors like Gavin Patterson, the former President and Chief Revenue Officer at Salesforce, are on board to guide the company.
The core offering from Alta is an AI Revenue Workforce, which includes virtual agents designed to take on repetitive tasks that typically require minimal human involvement. These tasks encompass lead research and personalized outreach across various channels. The AI agents include Katie, who acts as a Sales Development Representative, Luna, an AI RevOps agent, and Alex, who focuses on calling potential leads. By automating these processes, companies can save as much as 20 hours a week, allowing their teams to devote more time to building relationships and strategic endeavors.
Integrating AI Agents into Business Processes
Alta’s innovative technology integrates seamlessly with key Marketing, sales, and revenue systems, making it suitable for both Fortune 500 firms and smaller businesses. Current users of Alta’s AI workforce have successfully integrated it into over 50 internal and external systems, including CRM and payment tools. This allows revenue teams to focus on activities that require human intuition and creativity.
According to Stav Levi-Neumark, Co-founder and CEO of Alta, the company believes that AI should enhance human creativity rather than replace it. He emphasizes that companies leveraging AI effectively will surpass those that do not, enabling them to unlock tremendous revenue growth opportunities.
Founded in 2023, Alta’s leadership team has extensive backgrounds in engineering and product management, with co-founders like Tom Hoffen and Mor Shabtai coming from Monday.com, and broader team members hailing from tech giants like Intel and Meta.
In a rapidly evolving business landscape, Alta represents an exciting advancement in leveraging AI for improving sales productivity and boosting overall revenue performance.
Tags: Alta, AI Revenue Solutions, Seed Funding, Sales Automation, B2B Marketing, CRM Integration
What is Alta’s recent funding announcement about?
Alta has raised $7 million in a seed funding round to improve its AI-powered revenue workforce. This money will help them enhance their technology and support businesses in boosting their revenue through better AI tools.
How will the new funding help Alta?
The funding will be used to develop and expand Alta’s services. They aim to make their AI tools smarter and more effective for businesses, helping them drive more sales and streamline operations.
Who is investing in Alta?
The funding came from various investors who believe in Alta’s vision and technology. These investors include venture capital firms and individual backers who support innovation in AI and business solutions.
What exactly does Alta do?
Alta creates AI tools that help businesses manage their sales and revenue effectively. Their products focus on automating tasks, analyzing data, and improving customer interactions to enhance overall business performance.
Why is AI important for businesses today?
AI helps businesses work more efficiently by providing insights and automating tasks. It allows companies to make smarter decisions, understand customer needs better, and ultimately increase their revenue without adding extra workload.