Sybill Scores $11M Funding to Enhance Sales Efficiency with AI

Sybill, an AI assistant startup for sales reps, secured $11 million in a Series A round led by Greycroft.

• Continued Growth: The Series A round brings Sybill’s total funding to $14.5 million since its inception in 2020, with participation from Neotribe Ventures, Powerhouse Ventures, and Uncorrelated Ventures.

• Unique Edge: Sybill differentiates itself by tracking and analyzing numerous call transcripts and emails, providing context-driven insights and summaries rather than just notes from one or two calls.

• Sybill’s AI Assistant: It automates repetitive tasks, provides detailed summaries of sales interactions, and manages CRM updates, acting as an end-to-end workflow solution for sales reps.

• Market Performance: Sybill scaled its ARR from $100,000 to $1 million in just nine months in 2023, largely driven by referrals.

• Founding Team: Co-founders Gorish Aggarwal and Nishit Asnani met at Stanford University, later joined by Soumyarka Mondal and Mehak Aggarwal, bringing diverse expertise from Confluent, Morgan Stanley, Salesforce, Harvard, and MIT.

Sybill's innovative approach to sales AI is poised to continue transforming how salespeople manage their administrative tasks, providing them with more time to focus on closing deals and driving revenue.