MeetRecord raises $2.7m to enhance revenue automation for service businesses
MeetRecord, a revenue automation platform specifically designed for the service sector, announced it has secured $2.7 million in pre-Series A funding. This investment round was led by SWC Global, a venture capital fund based in Singapore, with additional support from existing investor All In Capital.
MeetRecord's innovative platform utilizes AI to analyze conversation data across various communication channels, such as emails and calls. This allows the company to offer personalized coaching programs and implement automated call-scoring systems that have proven to save time and improve efficiency significantly.
Snehal Nimje, Co-founder and CEO, MeetRecord: "Service businesses, including law firms, financial advisory services, fitness consultants, and homecare providers, have been looking for tailored solutions that cater to their unique needs. Unlike other platforms that target the enterprise or tech-centric markets, MeetRecord provides a customized experience that effectively addresses the gap in the service industry.''
One of the notable advantages of MeetRecord's platform is its deal intelligence capability, which delivers distinct insights to Chief Revenue Officers (CROs). These insights include monitoring market trends, analyzing competitor perceptions, and identifying successful patterns to expedite deal closure.
Chris Collins, Chief Revenue Officer, TopDog Law: "The automated scoring system has cut down the time managers spent by 90%, enabling more effective call monitoring and coaching. MeetRecord's technology is also highly regarded by its clients for ensuring standard adherence and managing timelines efficiently during customer interactions.''
Tuck Lye Koh, Founding Partner, SWC Global: "We expect strong growth in the conversation intelligence market as companies aim to enhance their sales efficiency. MeetRecord, with its innovative focus on revenue automation, has developed a top-tier product that delivers significant value. We are confident in their path to market leadership and are excited to support their continued growth."
With this latest round of funding, MeetRecord is poised to further its mission of empowering revenue teams with AI-enhanced tools, allowing them to focus more on sales and customer engagement with enhanced visibility into their operations.
