US-based Chili Piper, an advanced routing and scheduling solution for B2B revenue teams raised US$ 33 million in a funding round called “Series Spicy” on 16 April 2021.
Investors: The funding round was led by Tiger Global with participation from existing investors Base10 Partners and Gradient Ventures, Google’s AI-focused venture capital fund. The total amount raised by the startup stands at US$ 54 million to date.
Purpose of the funding: The funds raised will be utilized to accelerate product development and address the increasing needs of customers across sales, marketing and customer success.
About Chili Piper
Founded in 2016 by Alina Vandenberghe, Ivan Diachenko and Nicolas Vandenberghe, Chili Piper is a suite of automated scheduling tools that allow sales teams to automatically schedule appointments with leads. The product provides a simple way for prospects to book a meeting or start a phone call right after submitting a form on their website. Chili Piper is headquartered in Brooklyn, New York, United States.
The startup helps demand generation teams convert leads into attended meetings and the sales team can provide demos faster. Some of its notable clients include Airbnb, Workplace, Intuit, Twilio, Forrester, Spotify and Gong. Chili Piper helps them to double their inbound conversion rates, eliminate manual lead routing and streamline critical processes around meetings. Chili Piper is present in 84 cities in 22 countries.
What the CEO has to say: “We’re excited to partner with Tiger Global, one of the most successful and prolific software investors in the world. With hundreds of customers and tens of thousands of reps using Chili Piper adding spice to their calendaring efforts daily, we thought, why not raise $33 million to ensure we up our Scoville game?” — Nicolas Vandenberghe, CEO and co-founder of Chili Piper.
What the Investors have to say: “When we met Nicolas and Alina, we were fired up by their product vision and focus on customer happiness. We realized with some extra capital, we could help the company reach ghost pepper status sooner rather than later. We’re thrilled to back Chili Piper.” — John Curtius, Partner at Tiger Global.
“We originally invested in Chili Piper because we knew customers needed ways to add fire to how they connected with inbound leads. We’ve been absolutely blown away with the progress over the past year. 2020 has been a step-change for this company as business went remote!” — TJ Nahigian, Managing Partner at Base10 Partners.
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