{"id":30074,"date":"2023-01-13T22:31:56","date_gmt":"2023-01-13T22:31:56","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2023\/01\/13\/coho-ai-secures-8-5m-in-seed-funding\/"},"modified":"2023-01-13T22:31:56","modified_gmt":"2023-01-13T22:31:56","slug":"coho-ai-secures-8-5m-in-seed-funding","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2023\/01\/13\/coho-ai-secures-8-5m-in-seed-funding\/","title":{"rendered":"Coho AI Secures $8.5M In Seed Funding"},"content":{"rendered":"

<\/a>\n<\/p>\n

\n

Coho AI<\/a>, a product-led revenue platform, secured $8.5 million in a seed funding round led by\u00a0Eight Roads,\u00a0TechAviv and a group of angel investors. The company plans to use the capital to enhance the capabilities of its platform.<\/p>\n<\/p><\/div>\n

\n

Coho AI was created to help established companies that have reached product-market fit evolve into product insight-driven businesses. Coho AI seeks to spotlight product usage data, showing that it can be utilized throughout the customer journey to maximize growth. Specifically, the platform:<\/p>\n

    <\/p>\n
  • Creates a single source of truth for all GTM teams <\/strong>and provides a\u00a0360-degree overview\u00a0of every user and account<\/strong> at any point in time;<\/li>\n

    <\/p>\n

  • Measures the value a prospect extracts from a product<\/strong> while defining customer journeys<\/strong> and surfacing recommendations<\/strong> to reduce drop-offs and improve growth;<\/li>\n

    <\/p>\n

  • Automatically generates a customer health score<\/strong>; and<\/li>\n

    <\/p>\n

  • Acts on real-time triggers<\/strong> that allow ongoing identification of growth opportunities in the entire customer revenue lifecycle.<\/li>\n

    \n<\/ul>\n

    \u201cSaaS companies are in a unique position where they can actually measure the value their users extract from their products,\u201d said Itamar Falcon, CEO of Coho AI, in a statement. \u201cBy correlating this information with data coming from customer success, sales and support, we create a customer observability platform, which is crucial to generating sustainable and proactive revenue growth. Securing our funding is a huge step toward our platform\u2019s capability to help businesses succeed in a tough and unpredictable market, especially when KPIs are now more focused on sales efficiency and NRR. As revenue teams need more product insights, we aim to provide an out-of-the-box solution to a problem that companies tried to solve internally until now.\u201d<\/p>\n<\/p><\/div>\n