# Myagi

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

- Industry: Software
- Headquarters: Sausalito, US
- Website: www.myagi.com
- Total disclosed funding: $1M
- Latest round: Seed (Apr 20, 2015)
- Investors on record: 2

## About

Myagi Inc. is a US-based sales enablement platform that enhances retail performance by connecting brands with retail associates through effective training solutions.Myagi Inc. provides a sales enablement platform that links brands with retail associates, ensuring effective communication of product knowledge. Founded in 2014 in Sausalito, US, the company has undergone strategic development to enhance its service offerings. The CEO, Paul Guerra, leads the company, which has raised a total of USD 1.00 mn across several funding rounds, with the latest being a Seed round on May 2, 2023, led by Adventure Capital Venture Management and Blackbird. Myagi has established a presence in various global markets.Myagi offers a comprehensive sales enablement platform designed to bolster brand advocacy and enhance retail performance. The primary service focuses on providing training solutions that connect brands with retail associates, ensuring effective communication of product knowledge and selling confidence. The platform aggregates and manages all brand training content in one location, allowing brands to deliver impactful training to a wide network of retail sellers, from independent shops to major retail chains. Myagi serves over 250 brands across North America, Europe, and Asia, facilitating increased sales performance through enhanced training and advocacy.Myagi's revenue model is built around B2B transactions, primarily involving subscription fees from brands and retailers that utilize the platform for training and sales enablement. Clients pay to access a robust suite of training tools that improve product knowledge and sales effectiveness among retail associates. Myagi's offerings include various training modules and analytics tools, which enhance the learning experience and directly impact client revenues.In May 2023, Myagi Inc. was acquired by Rallyware, Inc., a move expected to improve operations and productivity while enhancing sales representative expertise. The acquisition will facilitate collaboration between the two entities to drive return on investment. Future plans may include the development of new products and expansion into new markets, although specific details regarding these initiatives have not been publicly disclosed.

## Funding rounds

- Seed, Apr 20, 2015, $1M — Adventure Capital Venture Management, Blackbird

## Investors

- Adventure Capital Venture Management — Seed
- Blackbird (https://capitalatlas.ai/funds/blackbird) — Seed