Gong, the artificial intelligence sales enablement platform from Franklin Templeton Investments (FTI), has raised $250 million in a Series C funding round. The round was led by Andreessen Horowitz and included existing investors Sequoia Capital and Allied Angels. FTI’s President and CEO Mike Ferris said that “Gong is at the forefront of a massive revolution in how businesses sell and service their customers via AI. With its unique platform, Gong is accelerating the shift to a customer-centric world where companies rely less on precious human resources and more on AI to serve customers.” Gong began life as an internal startup at FTI in 2013, when it started using natural language processing (NLP) to power customer support for its mutual funds. The startup quickly grew beyond its original capabilities, and today offers a suite of AI services that include product recommendations, financial planning, account management, and more. The company says that it has processed over 1 trillion customer interactions across 165 countries, with customers including Airbnb, Costco, BofA Merrill Lynch, PepsiCo, and L’Oreal.
Gong, the enabling platform for artificial intelligence (AI) sales and marketing, has raised $250 million in Series C funding. The round was led by Franklin Templeton Investments with participation from existing investors DST Global, Highland Capital Partners, and Jefferies
Gong, the enabling platform for artificial intelligence (AI) sales and marketing, has raised $250 million in Series C funding. The round was led by Franklin Templeton Investments with participation from existing investors DST Global, Highland Capital Partners, and Jefferies. This new investment brings the company’s total capital raised to date to over $350 million.
Gong offers a comprehensive platform that helps businesses automate their sales process and streamline customer interactions. The company’s AI-powered chatbot provides automated responses to customers’ inquiries, while the company’s machine learning algorithms help identify potential leads and create targeted content. Gong also offers a suite of tools for managing customer relationships, including automating follow-ups and tracking customer progress.
“We are excited to partner with such a visionary group of investors as Franklin Templeton Investments, who share our belief in the transformative power of AI in business,” said Dan Ocko, CEO of Gong. “Their support will help us accelerate our growth across multiple regions and industries as we continue to help companies of all sizes tap into the immense potential of AI technology.”
Gong will use the funds to continue developing its sales and marketing automation platform as well as expanding its customer base
Gong will use the funds to continue developing its sales and marketing automation platform as well as expanding its customer base.
The Gong AI Sales M series Franklin Templeton Enablement Platform is a tool that allows businesses to automate their sales processes. This platform helps companies save time and improve efficiency, which can lead to increased revenue. Gong plans to use the funds raised through this campaign to continue development of the platform and expand its customer base.
The company says that it has achieved more than 1,000 percent growth since it launched in 2016 and has
Since launching in 2016, AI sales m series from Franklin Templeton’s Gong has seen rapid growth. The company says that it has achieved more than 1,000 percent growth since it launched and now employs over 100 people.
The platform is designed to help financial advisors better manage and track their clients’ investments using artificial intelligence (AI). The company says that its AI technology helps advisors identify potential risks and opportunities with their clients’ portfolios in real time.
Gong’s CEO, Jay Gambetta, says that the company’s goal is to make investing easier for advisors and their clients by automating the process. He adds that this will help keep investors safe while also helping them make more informed decisions about their investments.
Gambetta says that his team is constantly working to improve the platform’s functionality and user experience. He Adds that he is confident that the company will continue to see strong growth in the years to come.