# Spiro Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/spiro-technologies

- Industry: Software
- Headquarters: Boston, US
- Website: www.spiro.ai
- Total disclosed funding: $4.5M
- Latest round: Seed (Jul 18, 2018)
- Investors on record: 6

## About

Spiro Technologies, Inc. revolutionizes sales management for manufacturers with its unique Anti-CRM platform, enhancing productivity through AI-driven tools and seamless customer data integration.Founded in 2014 in Boston, US, Spiro Technologies, Inc. specializes in an innovative sales management solution targeting the manufacturing sector. The company was co-founded by Adam Honig, Andy Levi, and Justin Kao. In a recent funding round on June 5, 2019, Spiro raised USD 2.5 mn in Seed funding, marking its total amount raised at USD 2.5 mn across four deals.Spiro.ai specializes in providing an innovative solution termed the 'Anti-CRM,' specifically designed to cater to the needs of manufacturers. The core product offering includes a suite of features such as automatic customer data capture, AI-driven analytics, sales order visibility, pipeline management, and built-in communication tools such as calling and video meetings. These functionalities allow businesses to streamline their sales processes and improve visibility into customer activities, ultimately driving more effective decision-making. Spiro’s customer base primarily consists of manufacturing companies, with notable clients such as Thern, Inc. and Katy Spring & MFG, which utilize the platform to enhance their sales performance. The company primarily operates in the United States, addressing the unique challenges faced by manufacturers in managing customer relationships and data integration with existing ERP systems.Spiro.ai generates revenue through a subscription-based model for its Anti-CRM services, targeting primarily B2B clients within the manufacturing sector. Clients typically engage with Spiro through annual or monthly subscription plans, which provide access to the full suite of features designed to enhance sales team performance and data management capabilities. The revenue structure incorporates various pricing plans tailored to the specific needs of manufacturers, allowing flexibility in how services are utilized. Each subscription may include additional services such as full-service setup, technical support, and ongoing updates, creating a comprehensive package that enhances customer engagement and loyalty. The company emphasizes direct relationships with its clients, fostering a deeper understanding of their unique operational requirements and driving continuous improvement in its service offerings.In June 2019, Spiro Technologies, Inc. raised USD 2.5 mn in Seed funding, which will be strategically utilized to enhance product development and expand its marketing efforts. The company plans to introduce new features to its Anti-CRM platform aimed at improving user experience and data analytics capabilities. Additionally, Spiro aims to expand its market presence within the US and explore opportunities in international markets by the end of 2023.

## Funding rounds

- Seed, Jul 18, 2018, $1.5M — MassVentures, Zelkova Ventures, New Harbor Capital, Riverwalk Capital Partners, Hyperplane Venture Capital, NXT Ventures
- Seed, Oct 6, 2017, $3M — MassVentures, New Harbor Capital, Riverwalk Capital Partners, Hyperplane Venture Capital

## Investors

- MassVentures (https://capitalatlas.ai/funds/massventures) — Seed
- New Harbor Capital (https://capitalatlas.ai/funds/new-harbor-capital) — Seed
- Riverwalk Capital Partners (https://capitalatlas.ai/funds/riverwalk-capital-partners) — Seed
- Hyperplane Venture Capital (https://capitalatlas.ai/funds/hyperplane-venture-capital) — Seed
- Zelkova Ventures (https://capitalatlas.ai/funds/zelkova-ventures) — Seed
- NXT Ventures (https://capitalatlas.ai/funds/nxt-ventures) — Seed