AI-driven revenue platform MaxIQ (formerly Gyaan AI) has raised $7.8 million in seed funding, with Dell Technologies Capital leading the round and Intel Capital participating. The company plans to use the fresh capital to scale operations, enhance product development, and expand its leadership team.
Chris Hillock, Investor at Dell Technologies Capital, emphasized the growing complexity of B2B SaaS sales and the role of MaxIQ in addressing these challenges.
“The complexities of managing modern B2B SaaS sales from product-led growth to complicated enterprise campaigns across each stage of the customer lifecycle has organisations drowning in a sea of fragmented data,” said Chris Hillock in a statement.
He further highlighted MaxIQ’s potential to revolutionize the industry, stating, “MaxIQ’s vision for unifying the entire customer journey is bold and creates an opportunity for companies to harness information intelligently to streamline organisational productivity and maximise value capture. We are thrilled to support the team as they drive this much-needed transformation.”
Founded in 2022 by Sonny Aulakh, MaxIQ is designed to help B2B SaaS companies streamline their sales and customer success processes by providing a unified platform. The platform integrates deal qualification, forecasting, and customer lifecycle management, reducing the need for multiple disconnected tools. With real-time insights at every stage of the customer journey, MaxIQ aims to improve forecast accuracy, accelerate onboarding, and enhance customer adoption and retention.
The company has also strengthened its leadership team with the appointments of Matt Hickey as Chief Executive Officer (CEO) and Rob Sexton as Chief Revenue Officer (CRO). Both executives bring significant experience from organizations like Palo Alto Networks, EMC, Securiti.ai, Data Domain, XtremIO, and CloudGenix.
The company reaffirmed its commitment to innovation, stating that founder Sonny Aulakh will continue to drive product development and expand MaxIQ’s market presence through strategic marketing initiatives.
Highlighting the industry’s current challenges, Matt Hickey, CEO of MaxIQ, said, “Today’s tools leave a critical gap between sales and customer success, resulting in misalignment, delays, and missed revenue opportunities.”
He further outlined MaxIQ’s mission, adding, “MaxIQ solves this by unifying workflows and delivering AI-powered insights that enable revenue teams to operate in sync and drive faster value to customers. This funding marks a pivotal moment for MaxIQ as we accelerate from category pioneer to category leader.”
With this latest funding, MaxIQ is poised to transform the B2B SaaS revenue landscape by offering a comprehensive AI-powered solution for sales and customer success alignment.