$15M in funding helps DocketAI supercharge revenue teams with AI-powered sales engineer
DocketAI, an AI startup transforming revenue enablement, is announcing the results of its latest funding round led by Mayfield and Foundation Capital, having raised $15 million. Seeing participation from additional investors, this recent capital will propel the company’s vision of supporting revenue teams in today’s sales environment.
As a result of a need to meet customer demands, revenue teams have been cropping up in a variety of industries. While designed to drive revenue growth, it ultimately makes SaaS less profitable as resources are funneled into revenue generation, according to DocketAI. Enterprises must be able to scale their go-to-market (GTM) engines while incorporating best practices that fuel revenue growth to compete in today’s market.
Looking to generative AI (GenAI) technology, DocketAI serves as an AI-powered virtual Sales Engineer that reduces costs while delivering high-quality support for revenue teams, according to the vendor. Capable of ingesting both structured and unstructured GTM data, DocketAI is a scalable solution fundamentally designed to bypass resource constraints without sacrificing revenue growth strategies.
“I saw firsthand how technical questions and administrative tasks could bog down revenue teams, detracting from their core goal of closing deals,” said Arjun Pillai, CEO and co-founder at Docket. “DocketAI was created to bridge this gap by providing instant, precise sales insights and automating document generation. By acting as an AI-powered virtual Sales Engineer, we empower revenue teams to work more efficiently, respond to customer needs promptly, and significantly improve their performance.”
DocketAI learns from top revenue professionals in real time, using that information to recommend best practices and create customer-ready documents—such as RFPs and RFIs—in as little as seconds. By providing accurate, instantaneous revenue knowledge to help revenue teams work smarter and faster, DocketAI increases deal win rate with easily discoverable and accessible information. DocketAI’s simplified workflows and continuous learning—paired with its seamless integration to existing knowledge sources and tools—can increase account executive (AE) productivity by up to 30%, according to the company.
“Led by repeat founders with proven success, DocketAI is at the forefront of our ‘cognition-as-a-service’ (CaaS) and generative AI investments,” said Patrick Salyer, partner at Mayfield and member of Docket’s board of directors. “Docket’s AI teammate supercharges sales teams, allowing them to sell smarter, faster, and more effectively.”
“Since implementing DocketAI, our revenue team has drastically reduced the time spent on repetitive tasks and technical inquiries, allowing us to close deals faster and accelerate the onboarding process,” said James Roth, chief revenue officer at ZoomInfo. “With DocketAI’s AI teammate capabilities, our sales engineers can focus more on strategic customer engagements and high-stakes deals, significantly improving our chances of winning. DocketAI has streamlined our processes, enhancing our team’s efficiency and effectiveness.”
The DocketAI platform integrates with a variety of popular tools, including Gong, Sharepoint, Google Drive, Intercom, Microsoft Teams, Slack, ZenDesk, web URLs, and more. The platform is SOC 2 Type 2 certified with ISO 27001 and GDPR, forwarding a security-by-default design.
To learn more about DocketAI, please visit https://www.docketai.com/.