# SalesPredict

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

- Industry: Software
- Headquarters: Israel
- Website: www.salespredict.com
- Total disclosed funding: $5.1M
- Latest round: Series A (May 12, 2014)
- Investors on record: 5

## About

SalesPredict delivers predictive analytics solutions that enhance sales processes, utilizing machine learning to analyze customer data and forecast purchasing behaviors for businesses in various sectors.SalesPredict, founded in 2012 in Israel, offers predictive analytics solutions aimed at improving sales strategies. In July 2016, the company was acquired by eBay Inc. for USD 20 mn. The firm's founder is not mentioned, and it has completed 3 deals to date, with its most recent being the acquisition by eBay.SalesPredict specializes in predictive analytics solutions designed to empower businesses in enhancing their sales processes. The company's suite of tools leverages machine learning algorithms to analyze customer data and forecast future purchasing behaviors. Primarily serving B2B enterprises in the software, retail, and e-commerce sectors, SalesPredict's solutions address key challenges such as lead qualification and revenue forecasting. Their products are utilized in various global markets, including North America, Europe, and specific regions in Asia, where advanced sales analytics are increasingly in demand.SalesPredict generates revenue through a subscription-based model, allowing clients access to its predictive analytics platforms. This model includes tiered pricing plans tailored to different business sizes and needs, enabling organizations to select services that fit their operational requirements. Revenue is further supported by partnerships with CRM providers and product integrations, with clients often engaging in multi-year contracts to secure services, thereby establishing a stable revenue stream. The company’s flagship products feature advanced analytics tools that deliver actionable insights, contributing positively to financial performance.Following the acquisition by eBay Inc. in July 2016, SalesPredict plans to leverage its resources to enhance product offerings and expand into new markets. Specific targets include deepening its presence in North America and Europe while exploring opportunities in emerging markets across Asia by 2024. The recent acquisition funding will facilitate the development of new predictive analytics tools aimed at better serving its client base and enhancing user engagement.

## Funding rounds

- Series A, May 12, 2014, $4.1M — Yandex, KGC Capital
- Seed, Aug 25, 2013, $1M — Pitango, AfterDox, RSL Venture Partners

## Investors

- Pitango (https://capitalatlas.ai/funds/pitango) — Seed
- AfterDox (https://capitalatlas.ai/funds/afterdox) — Seed
- RSL Venture Partners — Seed
- Yandex — Series A
- KGC Capital (https://capitalatlas.ai/funds/kgc-capital) — Series A