OrbitShift Raises $7 Million in Seed Funding to Expand US Presence and Enhance Product Portfolio

OrbitShift, an AI-native sales operating system, announced today that it has secured $7 million in seed funding. The round was led by Peak XV’s Surge and Stellaris Venture Partners. This latest investment will be used to bolster the company’s presence and customer base in the US, as well as to invest in its technology and product teams to expand its product offerings.

Founded in 2023, OrbitShift aims to transform the sales ecosystem for technology and IT services companies, providing comprehensive solutions that span pre-sales, sales operations, and marketing insights. The platform leverages purpose-built models and large language models, primarily serving large enterprise customers with users in the US, European Union, and Asia Pacific.

“Our AI-first, domain-centric approach has already empowered over 10 global companies, significantly enhancing their sales and marketing engine. This investment will fuel our mission by expanding our product footprint and geographical reach,” said Saurabh Mishra, Co-founder, and CEO of OrbitShift.

The company reported that its platform has reduced research and sales planning time by 40-50 percent, a significant efficiency gain for its clients.

This funding marks OrbitShift’s second institutional round, following a pre-seed funding of $1.5 million in 2023 from Stellaris Venture Partners and other angel investors. With this latest round, the total funds raised by the company amount to $8.5 million.

Alok Goyal, Partner at Stellaris Venture Partners, expressed his enthusiasm for OrbitShift’s progress and potential. “In the founding team, we found the rare combination of domain expertise and product-building capabilities crucial for building this business. We’ve known the team since they started and are impressed with the speed and quality of execution, reflected in their scale and customer quality. We are thrilled to partner with them, and excited about the journey ahead,” Goyal said.

Leave a Reply

Your email address will not be published. Required fields are marked *