This AI startup helps firms like TrueLayer and CurrencyCloud meet their revenue targets. Check out the 10-slide pitch deck Kluster used to raise $5 million.
Summary
Check out the 10-slide deck it used to raise the fresh funding.A startup that uses AI to help companies achieve their revenue goals has just secured $5 million from Foresight and SuperSeed.London-based Kluster joins a host of companies touting the use of AI as investor appetite in the sector piques. The startup has created a platform for sales teams and executives to plan, monitor, and meet their revenue targets. This informs the forecast, and helps update it to alert the team to any inefficiencies uncertainties, he added.The startup makes its money by selling its software as a B2B product. Its current client base includes the likes of fintech companies such as CurrencyCloud, SEON, and TrueLayer.The boom in funding for AI startups did help Kluster "get through the door," Thompson said. "The Series A was led by Foresight, a UK-based investment manager that backs SMEs, with participation from London-based venture capital firm SuperSeed, and various angels.With the capital injection, the startup will grow its headcount in its leadership division, and aim to expand into North America.
