AI powered Amy secured $6 Million in Seed Funding Round

Amy, a Tel Aviv-based Artificial Intelligence-driven sales intelligence solution that automates pre-meeting prospect, and research, and enables meaningful business connections, has now secured $6 million in a seed funding round.

Amy is founded by Nimrod Ron. It offers a sales intelligence platform that allows a sales professional to save time and money while enhancing business outcomes by automating prospect research and offering actionable insights that generate business relationships.

The company has its offices in Austin, Texas.

Nimrod Ron, CEO and Co-founder of Amy, said, "The pandemic completely upended the way in which business professionals conduct meetings and close business deals; however, one thing remains the same: the importance of building strong, meaningful relationships. At Amy, we've automated the prospect research and meeting preparation process – which takes on average 17% of the workday – so that business professionals can focus on establishing authentic relationships with their customers, closing deals and excelling at what they do. We help salespeople create a lasting network of connections that transcends their current role, boosting long-term sales prospects."

Michael Smerklo, Co-founder & Managing Director of Next Coast Ventures, said, "There is a clear market need to optimize meeting experiences, given that the average professional spends hours each day in meetings. Amy's offering addresses this need by tapping into the art of human connection in business. The platform makes business personal by enabling professionals to understand who they are about to speak with and why that person is interested in speaking with them – making meetings more effective and efficient."

The round was backed by Next Coast Ventures and Lorne Abony with participation from Jim Mellon and Eric Ludwig, Joey Low, Micha Breakstone and James Kong, among others.

The AI startup, as of now, has plans to use the new funds to further enhance its AI, Machine learning and NLP capabilities as well as launch its B2P solution to the market.