Bounti Labs
Real-time growth signals for sales and service teams.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor | €0.0 | round | |
* | $16.0m | Seed | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 140 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Bounti Labs operates as a developer of an autonomous AI platform geared towards enhancing the productivity of sales, marketing, and customer success teams. The company was co-founded by CEO Ashar Rizqi, a tech pioneer who previously founded Blameless, and COO Matt Cooley, a SaaS executive with experience at companies like New Relic and Mixpanel. Their collaboration began after Cooley invested in Rizqi's second venture in 2020, leading to a partnership built on a shared vision to solve inefficiencies in sales processes. Lew Cirne, founder of New Relic, joined as a key investor and the first independent board member.
The firm's core offering is a "full-stack, full-funnel agentic AI teammate platform" designed to automate repetitive and non-revenue-generating tasks, thereby allowing professionals to focus on building human connections with clients. The business model centers on providing AI-augmented software combined with human-in-the-loop services, focusing on delivering outcomes rather than just software access. This service assists clients, from lean scale-ups to large enterprises, in their go-to-market strategies. Bounti's initial AI teammate specializes in prospecting, capable of researching hundreds of companies in minutes to identify buyers and generate personalized outreach emails. This approach aims to rectify what the founders see as broken sales engagement caused by a flood of impersonal AI-generated outreach.
The platform's features include a strategy generator for market analysis, a content engine for creating on-brand collateral like personalized websites and pitch decks, and deep research on target accounts. It provides human verification to ensure quality and allows sales teams to maintain control over the final communication. In September 2024, Bounti Labs announced it had secured $16 million in a seed funding round led by Google Ventures, with participation from Floodgate, Bloomberg Beta, Haystack, Octave Ventures, and MS&AD. The capital is intended to expand the platform's capabilities across the entire customer journey, from lead generation to customer retention, and to further develop its human-in-the-loop services.
Keywords: sales automation, agentic AI, go-to-market, customer engagement, lead generation, sales prospecting, AI teammate, sales enablement, personalized marketing, revenue acceleration