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Recently Funded|Amount: USD 100.8M|Industry: Software Development

DevRev Secures $100M Series A Funding to Revolutionize SaaS CRM Solutions

devrev

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201-500 employees employees (Est.)
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In a significant milestone for the company, DevRev, the innovative platform reshaping the SaaS landscape, has successfully raised $100 million in its latest funding round, valuing the firm at an impressive $1.1 billion. Supported by notable investors such as Khosla Ventures and Mayfield, this influx of capital will be pivotal in accelerating the development and expansion of DevRev's unique AgentOS, a consolidated system designed specifically for the needs of SaaS companies. Unlike traditional horizontal CRMs, AgentOS integrates three modern applications for support, product, and growth teams, streamlining workflows and fostering collaboration among end users, sellers, developers, and product teams—all within a single platform. By reducing the reliance on multiple business applications, DevRev is not just enhancing productivity but also enabling companies to increase product velocity and decrease customer churn in the dynamic GenAI era. Located in Palo Alto, California, and with a global presence across seven offices, DevRev’s innovative approach has attracted thousands of users seeking low-latency analytics and customizable large language models. To top it off, the company has recently earned a spot on Forbes’ 2024 list of America’s Best Startup Employers, a testament to its commitment to fostering a vibrant workplace culture. Founded in October 2020 by industry veterans Dheeraj Pandey and Manoj Agarwal, DevRev continues to lead the charge in helping companies adapt and thrive in an increasingly AI-driven market environment.
August 28, 2024

Buying Signals & Intent

Our AI suggests devrev may be interested in solutions related to:

  • AI agents
  • Customer experience tools
  • Automation software
  • Data analytics
  • CRM solutions

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