fbpx
News Hub

Start-up Sightfull raises $18 million for product development, expansion

Written by Thu 15 Sep 2022

Business Data

Founded by Noam Liran and Alex Litvak in 2020 to improve how business data can be analysed, San Francisco and Tel Avi-based Sightfull has just announced an $18 million series A funding round.

Led by Dell Technologies Capital, with Norwest Venture Partners and Tiger Global also participating, the start-up has now raised a total of $24 million in funding.

The main focus for the team at Sightfull is to support SaaS firms on their journey to increase revenue through the comprehensive analysis of their business data. The self-service revenue analytics solution provided by Sightfull takes as little as hours to become fully functional and, perhaps most importantly, does not require data analysts, which are in very short supply.

According to Noam Liran, CEO of Sightfull, the shift that SaaS companies have made to focus on revenue and efficiency, as opposed to growth, will require them to more deeply understand their entire revenue flow.

“Since the beginning of the year we’ve seen a major increase in the rate at which our customers analyze their efficiency and profitability metrics. This is a clear indication of the change in the market which requires companies to continuously test and adjust their go-to-market strategies in real time, which is exactly what our platform provides,” said Liran.

By combining revenue intelligence with business intelligence, Sightfull is able to unlock powerful data insights that enable clients to truly understand if their go-to-market strategy is actually successful. All types of employees, including members of the revenue operation and finance teams are able to make use of these tools.

As the solution is easy to use, even those staff without technical experience can find bottlenecks that are hampering growth and begin to find solutions to these challenges.

Written by Thu 15 Sep 2022

Tags:

business Dell funding Sightfull
Send us a correction Send us a news tip