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Venture Capital News: RightBound Pulls In $15.5M Series A Round

2022-03-15
KIRKLAND, WA, RightBound, the technology company that created the first autonomous sales prospecting engine, announced today new funding for $15.5 million.
The round was led by Innovation Endeavors, with additional participation from IBI Tech Fund. This extension to its previously announced Series A from Innovation Endeavors, IBI Tech Fund, and Operator Collective brings the company's total funding to $27M. The company announced it has more than tripled its valuation over the last year.

RightBound is the next evolution of outbound sales development. With the power of AI and machine learning, RightBound's technology helps automate and optimize the sales development process, engaging in cold outreach, collecting data on prospects, eliminating time-consuming manual cadences, and freeing up the sales development team to do more of what people do best. RightBound customers, on average, achieve a 25% increase in outbound sales results, 30% time savings, and 100% ROI within 3 months of implementation.
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