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Carinthian startup raises €1 million – 5 minutes

Carinthian startup raises €1 million – 5 minutes

Published February 6, 2024 at 9:45 pm / © Sabine Groen

AI analytics in sales: Carinthian startup raises €1 million

Founding team, from left to right: Markus Genol (CMO), Fabian Riddlesberger (CTO), Gerald Zankel (CEO), and Herwig Jungle (consultant) at the Kickscale Development Center on the TU Graz campus.

Founding team, from left to right: Markus Genol (CMO), Fabian Riddlesberger (CTO), Gerald Zankel (CEO), and Herwig Jungle (consultant) at the Kickscale Development Center on the TU Graz campus.

Kickscale, a startup in Carinthia pioneering work on sales optimization using artificial intelligence, has raised its first round of funding of nearly €1 million.

from Sabrina Najjar

2 minutes reading time(322 words)

Sales discussions often fail due to a lack of understanding of customer needs, poor training of salespeople, or incorrect positioning. Figuring out why sales conversations go poorly is often difficult and expensive. This is where Kickscale comes in with its AI-powered sales coach. This makes it possible to automatically analyze conversations and extract customer data that makes a purchasing decision. Using Kickscale, completion rates and efficiency increase by up to 32 percent, the startup asserts.

Analysis of sales conversations

The new capital will be used to further develop artificial intelligence and software. This provides an innovative way to find out why sales discussions don't end reliably and helps improve them. The platform analyzes conversations, identifies salespeople's strengths and potential for improvement, creates automated conversation protocols and makes customer needs visible.

One million euros

With this significant investment of around €1 million, Kickscale can expand its analysis options for virtual sales and client meetings. Scaleup's founders are among the investors Stefan Lederer And Christopher Mueller (Both Bitmovin and part of YCombinator), Michael Kamleitner (Swat.io, Walls.io) as well as Austrian Business Angels Hermann Wouter (Compass group) and Gernot Singer (Exit ImoSwitch). In addition to these investors, funding was obtained from FFG for a joint research project with Graz University of Technology.

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At the forefront of innovation

“We believe our platform is at the forefront of innovation in digital sales. Using AI, we will redefine sales conversations and customer interactions.” Gerald Zankel, Kickscale CEO and Co-Founder. “Kickscale's innovative technology and experienced team will redefine sales. The investment and research funding underscore the potential and need for such a solution.” stephan lederer, CEO and co-founder of Bitmovin, old friend and investor.

notice: This post was updated on February 6, 2024 at 9:49 p.m