Amsterdam’s Curiosity backs Finnish AI startup Epicbrief in €1M spherical: Know extra


Finland-based Epicbrief, a startup on a mission to make human work in gross sales extra significant and invaluable, introduced on Monday that it has raised €1M in a pre-Seed spherical of funding.

The Finnish startup gives an AI-powered platform that improves the gross sales course of and automates administrative work for gross sales folks.

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Traders on this spherical

The spherical was led by Amsterdam-based enterprise capital agency Curiosity with participation from Finnish investor Superhero Capital, and an angel investor.

Curiosity, which is targeted on early-stage investments in software program corporations within the Benelux, Nordics, and Baltics, claims to be constructing the subsequent technology of AI purposes.

Herman Kienhuis, Managing Accomplice at Curiosity, says, “We’re extremely excited to affix forces with Epicbrief on their mission to redefine the gross sales workflow. Their founders’ deep understanding of gross sales challenges, mixed with the groundbreaking potential of latest generative AI applied sciences, positions them properly to help gross sales groups in remodeling their work and boosting their efficiency.”

Revolutionising the work of gross sales professionals

Epicbrief says gross sales groups have skilled ongoing difficulties over the previous 20 years. Nearly all of gross sales groups obtain lower than 50 per cent of their quotas and most gross sales folks have tenures of lower than two years, contributing to excessive turnover charges.

On common, gross sales reps spend 70 per cent of their time on administrative chores whereas the present financial disaster has merely raised the bar for them and their managers. 

That is the place Epicbrief goals to make a distinction.

Based in 2022 by Miro Putkonen, Pyry Takala, and Anton Dobrzhanskiy, Epicbrief, with its AI-based resolution, automates many administrative duties gross sales reps face every day.

The startup claims that gross sales groups can now deal with extra necessary duties and enhance productiveness by utilizing its expertise to transform gross sales discussions into concise, goal summaries in a matter of seconds.

CRM knowledge can be routinely stuffed up due to Epicbrief, which has integration with varied video conferencing programmes and CRM platforms. Gross sales professionals can acquire, study, and use assembly knowledge utilizing this device to resolve what to do subsequent.

Miro Putkonen says, “We imagine that AI presents an enormous alternative to utterly rework the work of gross sales professionals. By automating administrative duties, we’re enabling them to deal with what actually issues: constructing relationships, closing offers, and reaching their quotas.”

“As a begin, we deal with automating gross sales name summaries and motion plans and supply easy-to-use instruments for collaboration and communication to make gross sales organisations extra productive and make better-informed choices.”

“In the long run, we’re seeking to increase in the direction of automation throughout the entire gross sales workflow,” provides Putkonen.

Video credit score: Epicbrief

Capital utilisation

Epicbrief claims {that a} small variety of top-performing gross sales professionals, who had been chosen to participate within the beta programme, are actually utilizing the Epicbrief platform. 

The raised capital will probably be utilized by the startup to aggressively develop its person base within the subsequent months whereas regularly enhancing its platform based mostly on person enter.

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