RevOps Automation Platform Openprise closed on an oversubscribed Series A last month. The $16 million round was led by SIG Asia Investment, an affiliate of the Susquehanna International Group, with new investments from Banyan Pacific and Citta Capital. Existing investors Alumni Venture Group and AI List also participated.
Funding will accelerate development on the Openprise RevOps Automation Platform and scale up the sales and marketing teams.
Openprise supports data management, enrichment, and hygiene across sales, marketing, customer success, BI, and analytics platforms. Features include data deduplication, data onboarding, lead-to-account matching, lead routing, attribution, and account scoring.
Openprise cited a recent Gartner forecast that 75% of high-growth companies will deploy a RevOps model by 2025. “A move from sales enablement to revenue enablement is needed in today’s rapidly shifting buying and selling dynamic to support this RevOps imperative.”
“Openprise is uniquely positioned to capitalize on the momentum in companies moving to a RevOps model,” stated Anne Marie McCallion, its PR rep.
“When companies move to a RevOps model in order to better align marketing and sales, they soon identify huge gaps in their joint processes and data that aren’t addressed by traditional marketing and sales automation solutions like Marketo, Salesforce, and Salesloft,” said Openprise CEO Ed King. “Openprise is fueling the RevOps revolution by providing a single, no-code platform that can automate hundreds of RevOps processes and deliver go-to-market-ready data for the entire RevTech stack.”
Openprise customers include UI Path, Vimeo, Zendesk, Okta, Nutanix, Freshworks, Splunk, and Zscaler.