SA国际传媒

AI-powered tools are having a moment.

This morning, Atlanta-based sales engagement platform announced a led by . In case you didn鈥檛 realize it, SalesLoft has an . This round gives it a valuation of $600 million, although the company is declining to comment on that.1

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Last week, another AI-powered sales engagement platform raised a $114 Series E, making that Seattle company a unicorn with a $1.1 billion valuation according to this by CEO .2

In addition to those large deals, yesterday our own Alex Wilhelm wrote about how a company called had announced a $28 million . That company uses AI to help companies hire talented people. Also, Textio recently launched a powered by machine learning and artificial intelligence.3

But let鈥檚 get back to SalesLoft for now. The company told me it grew its recurring revenue by more than 1,000 percent between January 2016 to January 2019. The company has also doubled its number of employees to 400, compared to last year at this time. Its platform, according to SalesLoft, helps companies 鈥渃reate a personalized, scalable, and consistent go-to-market process across a sales organization.鈥�

In a release, SalesLoft CEO and co-founder said he believes AI-powered sales engagement platforms are doing so well because 鈥渂uyers are simply turned off by antiquated, impersonal sales tactics.鈥� The company plans to use the money to scale domestically and globally. It has offices in Atlanta, San Francisco, New York and London.

The promise of AI always seems to be a few years out. But it does appear that some products that are powered by emerging machine intelligence are out in the market. Expect more to come, and more money to follow.

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