# Spekit

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

- Industry: Software
- Headquarters: Denver, US
- Website: www.spekit.co
- Total disclosed funding: $55M
- Latest round: Series B (Dec 22, 2021)
- Investors on record: 8

## About

Spekit, Inc. is a US-based company specializing in AI-powered sales enablement solutions that enhance productivity and streamline knowledge sharing within sales teams through seamless integration of training materials into their workflows.Founded in 2018 in Denver, US, Spekit, Inc. focuses on providing a sales enablement platform that integrates real-time access to training and relevant content. The company has successfully raised funding through multiple deals, with its most recent funding round being a Series B that concluded in December 2021, led by Craft Ventures and supported by various other investors. The total funds raised amount to USD 38.93 mn, which coincides with the valuation of the company at USD 315.49 mn. The company was co-founded by Melanie Fellay and Zari Zahra, with Melanie currently serving as the CEO.Spekit is a leading AI-powered sales enablement platform designed to enhance productivity and knowledge sharing within sales teams. The core functionalities of Spekit include real-time access to training materials, answers, and relevant content seamlessly integrated into various applications used by sales representatives. Spekit centralizes content from existing data sources and employs over 1,000 customizable templates to fill content gaps efficiently. This tool aims to reduce context-switching and streamline workflows, ultimately empowering sales reps with immediate access to essential resources. The target customer base includes revenue teams from diverse industries looking to improve their sales processes, with services designed for deployment across various geographical markets, including North America and Europe.Spekit generates revenue primarily through subscription-based models tailored for B2B clients, particularly within sales and marketing teams. Revenue is structured around tiered subscription plans that cater to different organizational sizes and needs, offering a range of features from basic access to advanced analytics and integrations. This subscription model enables consistent revenue generation while fostering long-term relationships with clients who require ongoing support and updates in a rapidly changing market environment.In December 2021, Spekit, Inc. raised USD 38.93 million in a Series B funding round led by Craft Ventures, with participation from Bonfire Ventures, Felicis Ventures, Foundry Group, Matchstick Ventures, Operator Collective, and Renegade Partners. The company plans to utilize this funding to scale both its team and platform, focusing on enhancing its service offerings and expanding into new markets. Specific strategies for future growth include the introduction of new product features designed to further streamline sales processes and an active pursuit of opportunities in European markets by the end of 2023.

## Funding rounds

- Series B, Dec 22, 2021, $39M — Foundry Group, Felicis Ventures, Matchstick Ventures, Bonfire Ventures, Craft Ventures, Operator Collective, Renegade Partners
- Series A, Mar 9, 2021, $13M — Foundry Group, Matchstick Ventures, Bonfire Ventures, Operator Collective, Renegade Partners, GTMfund
- Seed, May 27, 2020, $0.5M — Operator Collective
- Seed, Sep 17, 2019, $2.5M — Matchstick Ventures, Bonfire Ventures

## Investors

- Matchstick Ventures (https://capitalatlas.ai/funds/matchstick-ventures) — Seed, Series A, Series B
- Bonfire Ventures (https://capitalatlas.ai/funds/bonfire-ventures) — Seed, Series A, Series B
- Operator Collective (https://capitalatlas.ai/funds/operator-collective) — Seed, Series A, Series B
- Foundry Group (https://capitalatlas.ai/funds/foundry-group) — Series A, Series B
- Renegade Partners (https://capitalatlas.ai/funds/renegade-partners) — Series A, Series B
- GTMfund (https://capitalatlas.ai/funds/gtmfund) — Series A
- Felicis Ventures (https://capitalatlas.ai/funds/felicis-ventures) — Series B
- Craft Ventures (https://capitalatlas.ai/funds/craft-ventures) — Series B