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Apex Trader Funding - News

Nooks raises $22M to end sales development drudgery with AI-powered prospecting & calling

Nooks customers today see a 2-3x boost in sales pipeline from calls and Nooks claims it will make the sales reps of tomorrow 10x as productive. Its 4x revenue growth in 2023 indicates strong demand from sales teams. SAN FRANCISCO, April 24, 2024 /PRNewswire/ -- Nooks, the fastest-growing AI dialing & prospecting platform, announced today that it has raised $22M in Series A funding. The round was led by Lachy Groom with participation from Tola Capital and Stifel Venture Banking, bringing Nooks total funding to $27M. "Sales development reps today spend 90% of their time on manual tasks that can be automated with AI. We're building Nooks to cut out the busywork and empower reps to focus on the more strategic parts of selling. The sales reps of tomorrow will be 10x as productive." - Dan Lee, CEO of Nooks. Now that AI can read, write, and even browse the web, the role of the inside sales rep is evolving. Especially for those focused on lead generation like sales development reps (SDRs) who spend the ...