Sales Acceleration Startup SquadStack Raises $5 Million Led By Chiratae Ventures

Bengaluru: San Francisco and New Delhi-based startup SquadStack has raised $5 million in a Series A funding round led by Chiratae Ventures. SquadStack helps consumer businesses that sell high-ticket products and services across sectors such as real estate, financial services, education, healthcare, and retail improve their sales conversions and funnel efficiency. “In today’s competitive business environment, organisations need a sales acceleration platform and analytics throughout the sales cycle. SquadStack is helping consumer companies across industries solve the principle challenge to turn prospects into customers faster and more profitably.” says Venkatesh Peddi, executive director at Chiratae Ventures. In 2018, SquadStack launched its sales acceleration platform, SquadVoice in the Indian market. This led to the creation of their offering ‘Auctm’, a business management platform that helps broker teams boost revenue, cut costs, and improve agent training and retention by applying its core principles of data-driven sales acceleration. “We’re grateful to everyone who believed in our mission to create the ultimate sales acceleration and funnel efficiency stack for consumer focused businesses around the world. To our customer partners, we promise that our vision to make your lives easier by providing the best quality products will never change.” Said Apurv Agrawal, CEO of SquadStack. The firm in 2017 had raised $2.1 million in pre-series A funding led by Blume Ventures.