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Synopsis
Boyu Investment, a private equity firm, and Sequoia, a venture capital firm, led a $38m round in Recurrent AI, an enterprise service company on the salestech track. "Circular Intelligence is committed to quantifying sales communication process data through AI technology, which not only improves sales efficiency, conversion rate and customer satisfaction, but also reverses enterprises to find new opportunities in the sales process and help customers' business land smoothly in many industries. Its reliability has also been continuously spread among customers through word of mouth, winning many key customers for enterprises. We are very happy to continue to add revolving intelligence through this round of financing, and we are optimistic about the future growth of enterprises," Zheng Qingsheng, Sequoia China Partner.
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