Unify, an OpenAI Converge accelerator grad, lands $12M for ‘warm outbound’ messages

Date:

Share post:


Unify, an AI-powered startup that uses data to reach prospective buyers, has raised a $12 million Series A led by existing investors Emergence Capital and Thrive Capital. OpenAI Startup Fund, Neo, Abstract, 20Sales, and AltCap also participated in the round.

The 20-month-old company went through OpenAI’s Converge I accelerator last year and, following that program, secured a nearly $7 million seed round from the same group of investors.

Unify was co-founded by Austin Hughes, who spent several years leading Ramp’s sales outbound program. While working at Ramp, Hughes observed that cold email outreach was less successful than it had been in the past decade. This gave him the idea that sales, marketing and revenue operations teams should make better use of all available data to reach customers with personalized content right when they are about to buy.

Hughes teamed up with Connor Heggie, a machine learning research engineer at Scale AI, to work on AI-enhanced messaging that helps sales teams generate leads and close deals faster.

This is, of course, not a unique idea. One of the fastest growing segments of AI-empowered apps is AI sales development representative companies (AISDR). AISDR startups like 11x.ai, Reggie.ai, and Artisan are growing so quickly that VCs have been falling over themselves to invest at high valuations. 

Although Unify relies on AI to target potential buyers, Hughes told TechCrunch that he doesn’t consider his company an AISDR.  He prefers to consider his startup to be delivering what it calls “warm outbound” messaging. “We don’t compete with AISDRs,” Hughes said. “You can fine tune every piece of Unify: the copy, what you say, and the data sources you’re pulling from.”

For instance, Unify can pull data from CRMs and other data warehouses to help determine what to say to potential purchasers in its messages. It also scans online data sources to help identify prospects, and the signals that they are looking to buy.

Rather than focusing on the messaging piece, Hughes says that he looks up to companies like Zoominfo and Outbound.io as models for what he’s trying to build. “We view ourselves as a data company,” he said.

Unify may have a slightly different approach to AI sales outreach than AISDR companies, but one thing is clear: it’s also growing very quickly. The company’s revenue is already in the millions and its got a stream of customer logos on its website, counting companies like Justworks and Lattice as its customers. 



Source link

Lisa Holden
Lisa Holden
Lisa Holden is a news writer for LinkDaddy News. She writes health, sport, tech, and more. Some of her favorite topics include the latest trends in fitness and wellness, the best ways to use technology to improve your life, and the latest developments in medical research.

Recent posts

Related articles

SpaceX Starship: Everything you’ve ever wondered but were afraid to ask

SpaceX’s massive Starship rocket has the potential to transform the commercial space economy, ensure America’s position as...

What a second Trump term means for the future of ransomware

The U.S. government has made big strides over the past four years in the ongoing fight against...

EU AI Act: Everything you need to know

The European Union’s risk-based rulebook for artificial intelligence — aka the EU AI Act — has been...

‘AI Granny’ is happy to talk with phone scammers all day

On Thursday, the UK’s largest mobile network operator, O2, introduced a chatbot designed to frustrate phone scammers....

Former TuSimple co-founder urges courts to block asset transfer to China

Xiaodi Hou, the co-founder and former CEO of self-driving trucking startup TuSimple, has urged a California district...

OpenAI’s tumultuous early years revealed in emails from Musk, Altman, and others

A lawsuit by the world’s wealthiest man against one of the fastest growing companies of all time...

Here’s the full list of 44 US AI startups that have raised $100M or more in 2024

For some, AI fatigue is real — but clearly venture investors haven’t grown tired of the category. AI...

Unlike X, Bluesky says it won’t train AI on your posts

Bluesky, a social network that’s experiencing a surge in users this week as users abandon X, says...