# bao solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bao-solutions

- Industry: Software
- Headquarters: Munich, Germany
- Website: www.bao.ai
- Total disclosed funding: $3M
- Latest round: Seed (Aug 3, 2021)
- Investors on record: 3

## About

Based in Munich, Germany, bao solutions GmbH is a conversation intelligence platform that enhances sales conversations in real-time through advanced tools and integrations.Founded in 2017 by Alexander Bruehl, Benedikt Reschberger, and Patrick Strunkmann-Meister, bao solutions GmbH operates out of its Munich headquarters. The company primarily focuses on conversation intelligence, facilitating sales processes with advanced AI tools. It has successfully completed 2 deals, with its latest funding round occurring on August 3, 2021, where it raised EUR 2.5 million in Seed funding led by Peak, alongside investors Acuity Advisors and PWI Holdings. The total amount raised to date is EUR 2.5 million, with a current company valuation of EUR 12.207 million.bao is a leading conversation intelligence platform focused on enhancing sales conversations in real-time through a suite of advanced tools and integrations. The core offerings include interactive live playbooks, AI-driven insights, and seamless CRM integration, designed to empower sales teams during cold calling and lead qualification processes. These tools enable users to structure dialogues effectively, handle objections smoothly, and document interactions automatically, ensuring high accuracy and efficiency in lead management. bao serves a diverse client base across various industries in Europe, solidifying its position as a resource for sales professionals improving productivity and conversion rates.The revenue model of bao is primarily based on subscription services tailored for business-to-business clients, especially targeting sales teams and organizations involved in lead generation and management. Clients subscribe to access features such as AI-generated summaries, action points, and seamless CRM synchronization, facilitating improved communication and efficiency in sales processes. The service structure supports various sales roles, including Business Development Representatives (BDRs), Sales Development Representatives (SDRs), and Account Executives (AEs), ensuring a comprehensive approach to sales management. Specific pricing plans and transactional details have not been disclosed, aligning with the subscription model that allows clients to scale usage based on team sizes and operational needs.In August 2021, bao solutions GmbH raised EUR 2.5 million in Seed funding from lead investor Peak and other participants, including PWI Holdings and Acuity Advisors. The funding will be utilized to further develop the company's technology and product offerings. Future growth strategies involve the introduction of new products designed to enhance sales conversation capabilities, although specific release dates are not mentioned. Additionally, bao plans to expand into new markets within Europe, targeting specific regions to broaden its geographical reach.

## Funding rounds

- Seed, Aug 3, 2021, $3M — PWI Holdings, Peak, Acuity Advisors

## Investors

- PWI Holdings — Seed
- Peak (https://capitalatlas.ai/funds/peak) — Seed
- Acuity Advisors — Seed