OrbitShift Secures $7 Million Seed Funding to Revolutionize Sales Intelligence with AI

Artificial intelligence-powered sales-intelligence startup OrbitShift has successfully raised $7 million in a seed-funding round led by Peak XV Partners' Surge scale-up programme and Stellaris Venture Partners. This latest funding round aims to bolster the company’s expansion in the US market and enhance its technology and product offerings.

OrbitShift plans to utilize the proceeds to increase its presence and customer base in the US, investing heavily in its technology and product teams to broaden its product portfolio. “We are at an interesting juncture, where we have seen phenomenal traction over the last 18 months with some of the leaders in the industry being our clients,” said Saurabh Mishra, cofounder and chief executive of OrbitShift.

Founded in 2022, OrbitShift offers a comprehensive platform that empowers the entire sales ecosystem, including pre-sales, sales operations, and marketing insights for technology and IT services companies. Leveraging purpose-built models and large language models, the platform primarily serves large enterprise customers across the US, European Union, and Asia Pacific.

This seed funding marks OrbitShift’s second institutional investment, following a pre-seed round of $1.5 million in 2023 from Stellaris Venture Partners and other angel investors, bringing the total funds raised to $8.5 million. Alok Goyal, partner at Stellaris Venture Partners, highlighted the potential impact of AI on large businesses: “The OrbitShift team is targeting some of the largest businesses in the world, and there is no doubt that AI can make a massive impact on them and therefore on their customers.”

Operating on a subscription-based model, OrbitShift charges clients based on the duration of the deal and various parameters such as users and accounts created. The company claims to reduce research and sales planning time for enterprise customers by 40-50%, significantly accelerating activities such as client outreach, creating high-quality responses, and building content for client meetings, thus enhancing productivity and client relationships.

OrbitShift is part of the ninth unit of Peak XV Partners’ scale-up programme for early-stage startups, Surge. The programme’s investments span deeptech manufacturing and AI, including companies like Ethereal Machines, ZeroK, Australia-based Relevance AI, and Singapore’s Pix.ai. “We believe that pretty much every enterprise process that we know of will be rethought or will be reimagined, and therefore, we are massive believers in a lot of new great enterprise application startups being created,” added Goyal.

OrbitShift’s innovative approach and strong investor backing position it well to redefine sales intelligence through the power of AI, driving substantial improvements in efficiency and effectiveness for its enterprise clients.