# RightBound

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

- Industry: Software
- Headquarters: Kirkland, US
- Website: www.rightbound.com
- Total disclosed funding: $28M
- Latest round: Series A (Mar 15, 2022)
- Investors on record: 3

## About

RightBound provides AI-driven prospecting solutions that enhance the efficiency of B2B sales development teams by delivering accurate and timely data integration with CRM systems.Founded in 2019 and headquartered in Kirkland, US, RightBound specializes in AI-powered solutions for B2B sales development. The company was established by Ran Oelgiesser, who is also the CEO. RightBound has successfully closed two funding deals, with the latest being a Series A round on March 15, 2022, where it raised USD 15.5 mn led by Innovation Endeavors and IBI Tech Fund. The total amount raised by the company to date is USD 15.5 mn, resulting in a current valuation of USD 100.015 mn.RightBound specializes in AI-powered prospecting solutions designed to enhance the efficiency and accuracy of B2B sales development teams. Its core offerings include a comprehensive data waterfall that aggregates and curates B2B data from leading sources, ensuring high coverage, freshness, and accuracy. The platform integrates directly with CRM systems, allowing users to maintain up-to-date prospect information, enrich contact data, and monitor changes within buying groups across active accounts. RightBound’s products serve a diverse clientele in various geographical markets, including North America and Europe.RightBound generates revenue through a subscription-based model, where clients pay for access to its AI-driven prospecting platform and data enrichment services. The service is tailored for businesses seeking to optimize their sales pipelines, with clients that include startups and well-established enterprises within the B2B sector. Transactions are structured around subscription tiers that vary based on access to data accuracy and the volume of enriched contact information, allowing RightBound to maintain a steady revenue stream.In March 2022, RightBound raised USD 15.5 mn in Series A funding led by Innovation Endeavors with participation from IBI Tech Fund. The company plans to utilize these funds to support growth in product development, engineering, data science, customer success, marketing, and sales. RightBound is also aiming to expand its market presence in North America and Europe, targeting new regions by the end of 2023, while continuing to enhance its product offerings.

## Funding rounds

- Series A, Mar 15, 2022, $16M — Innovation Endeavors, IBI Tech Fund
- Series A, May 26, 2021, $12M — Innovation Endeavors, Operator Collective, IBI Tech Fund

## Investors

- Innovation Endeavors (https://capitalatlas.ai/funds/innovation-endeavors) — Series A
- Operator Collective (https://capitalatlas.ai/funds/operator-collective) — Series A
- IBI Tech Fund (https://capitalatlas.ai/funds/ibi-tech-fund) — Series A