# Demodesk

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/demodesk

- Industry: Software
- Headquarters: Munich, Germany
- Website: www.demodesk.com
- Total disclosed funding: $10M
- Latest round: Series A (Sep 3, 2020)
- Investors on record: 6

## About

Demodesk GmbH offers AI-driven sales solutions that enhance productivity for sales teams, automating tasks like note-taking and CRM updates, while providing real-time call analysis and actionable insights.Demodesk GmbH, founded in 2017 in Munich, Germany, specializes in AI-enhanced sales productivity solutions. The company has raised EUR 6.7 million in Series A funding, led by Balderton Capital, with participation from Target Global and FundersClub. The latest funding round occurred on September 3, 2020, contributing to a total amount raised of EUR 6.7 million. The company was established by Alex Popp, who focuses on optimizing sales processes through innovative technology.Demodesk provides AI-driven sales solutions designed to enhance productivity and streamline processes for sales teams. Their core offerings include the AI Assistant, AI Coach, and AI Analyst, which collectively automate routine tasks such as note-taking, CRM updates, and call analysis. The AI Assistant captures and transcribes conversations, generating meaningful summaries and personalized follow-ups in over 98 languages. The AI Coach reviews sales calls to identify risks and improvement areas in real-time, while the AI Analyst delivers actionable insights regarding customer sentiment and pipeline health. These products are aimed at revenue leaders, sales managers, sales representatives, and customer success teams across various industries, including software and technology, financial services, and energy. Demodesk serves a global client base, with users in North America, Europe, and other international markets.Demodesk operates on a subscription-based revenue model, targeting B2B clients. Their services are typically offered through tiered subscription plans, which provide varying levels of access to their AI tools and analytics capabilities. Clients pay for access to specific features such as the AI Assistant for automated note-taking and CRM updates, and the AI Coach for ongoing sales coaching, fostering an environment of continuous improvement. While specific pricing structures are not disclosed, subscription plans generally cater to organizations seeking to enhance sales productivity and reduce administrative overhead. The firm’s flagship products effectively support clients in maximizing revenue potential while minimizing transactional complexities.Demodesk plans to leverage the recent EUR 6.7 million raised in Series A funding to expand its market presence and enhance its product offerings. The funding will support the development of new features and potentially additional products aimed at optimizing sales processes. Targeted geographical expansions are also in consideration, with plans to enhance user reach in North America and European markets by the end of 2022.

## Funding rounds

- Series A, Sep 3, 2020, $7.9M — Balderton Capital, FundersClub, Target Global
- Seed, Oct 23, 2019, $2.3M — Kleiner Perkins, Y Combinator, FundersClub, Global Founders Capital

## Investors

- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- FundersClub (https://capitalatlas.ai/funds/fundersclub) — Seed, Series A
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed
- Balderton Capital (https://capitalatlas.ai/funds/balderton-capital) — Series A
- Target Global (https://capitalatlas.ai/funds/target-global) — Series A