Databook

AI platform for B2B sales insights

Palo Alto, California, United States

About Databook

Databook provides a platform designed to assist B2B sales teams in understanding their prospective clients through the use of artificial intelligence. The platform aggregates and analyzes large amounts of data to deliver insights that are relevant and personalized for each potential customer. This allows sales teams to move away from generic pitches and engage in value-driven conversations that align with the specific needs of their prospects. Databook's clients benefit from improved sales conversations, resulting in a reported 45% reduction in time-to-close and a 20% increase in average deal size. The platform also streamlines the research process, offering competitive benchmarks that enhance the sales strategy. Databook differentiates itself from competitors by focusing on personalized insights and efficiency, aiming to empower sales teams to close deals more effectively.

Palo Alto, CaliforniaHeadquarters
2017Year Founded
$69.1MTotal Funding
SERIES_BCompany Stage
Enterprise Software, AI & Machine LearningIndustries
51-200Employees

Benefits

Competitive salary with bonus
Equity
Medical, Dental and Vision care contributions
401k Retirement Plan
4 weeks vacation plus holidays
Employee referral bonus program
$500 learning stipend to spend on books, courses or other training materials that help you develop skills relevant to your role or professional development
Complimentary subscription to Masterclass
Budget for home office equipment

Risks

Emerging AI-driven sales platforms could erode Databook's market share with competitive features.
Economic downturns may lead to reduced spending on sales tools, affecting Databook's revenue.
Data privacy concerns and evolving laws pose regulatory challenges for Databook's AI insights.

Differentiation

Databook's SRM platform uniquely integrates AI and NLP for strategic relationship management.
The platform offers personalized insights by analyzing vast amounts of financial and market data.
Databook reduces time-to-close by 45% and increases deal size by 20% for users.

Upsides

Databook achieved 177% YoY ARR growth, indicating strong market demand and customer satisfaction.
The trend towards AI-driven sales tools boosts Databook's adoption among B2B sales teams.
Remote work environments increase demand for Databook's digital sales and relationship management tools.

Funding

Total raised$69.06 M
Latest valuation$550.00 M
StageSERIES_B