Funding Alert

AI SaaS startup Attentive Inc. Secures $7 Million in Series A Funding


AI SaaS startup Attentive Inc. has raised $7 million in a Series A funding round led by Vertex Ventures Southeast Asia and India, with participation from existing investors Peak XV Partners and InfoEdge Ventures. The company plans to utilize the new capital to enhance product development, sales, marketing, and customer success initiatives, focusing on its recently launched products, Accelerate and Beam AI.

Accelerate is an outdoor services business management software, while Beam AI is an AI-based sales automation platform for the construction industry. Shiva Dhawan, Co-founder and CEO of Attentive, stated, “Our mission is to be the technology partner of choice for the construction and outdoor services industries. With our AI-driven solutions, these sectors can automate archaic manual workflows and experience a dramatic uplift in productivity.”

Attentive, based in the US and founded by Dhawan, Rishabjit Singh, and Aishwarya in 2017, is an AI-based sales automation platform that addresses the challenges faced by construction and outdoor service businesses by enhancing sales and operations.

Nikhil Marwaha, Senior Executive Director at Vertex Ventures SEA and India, commented, “Attentive’s innovative technology leverages Vision AI to drive disruptions in old-economy industries such as Outdoor Field Services and Construction. Organizations in these sectors are hungry for technology solutions that can substantially improve efficiencies in their businesses.”

Attentive’s clientele includes Brightview, Juniper, Sperber, US Lawns, Clean Scapes, Beary Landscaping, Sebert Landscape, Maldonado Nursery, Rexel, National Wholesale Supply, and Silicon Valley Mechanical, among others.

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