
Lavender
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Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
N/A | €0.0 | round | |
* | $2.2m | Seed | |
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Lavender.ai operates in the sales technology market, providing an AI-powered email assistant designed to enhance the efficiency and effectiveness of sales teams. The platform serves sales professionals and teams, offering tools to improve email reply rates through personalized introductions and recipient insights. Lavender aggregates data from various sources, including social media, job listings, and tech tools, to provide comprehensive recipient profiles. This data is then used by the AI to generate personalized email content, helping sales reps craft messages that resonate with their prospects.
The business model includes a freemium approach, offering a free plan with limited features and a premium plan with advanced functionalities such as team integration and enhanced data access. Revenue is generated through subscription fees for the premium plans, which provide additional features like team coaching dashboards and integration with sales platforms like Outreach and Salesloft.
Lavender's target clients are sales teams and individual sales professionals looking to improve their email outreach performance. The platform is particularly beneficial for organizations aiming to onboard, train, and level up their sales reps quickly. By providing actionable insights and personalized content, Lavender helps sales teams increase their open and reply rates, ultimately driving more successful sales engagements.
Keywords: AI-powered, sales email assistant, personalized intros, recipient insights, workflow optimization, sales technology, freemium model, team integration, sales coaching, data aggregation.