$3 million in seed funding was raised by Synch, a NYC-based firm that offers an integrated Global Trade Management (GTM) solution that unifies a business’s revenue stack so that its executives can focus on selling.
With participation from Y Combinator, Ritual Capital, and executives from Retool, Ramp, Superhuman, Flexport, Navan, Everlaw, Lattice, Pipe, Finley, and other companies, AltCap and Haystack led the round.
The money will be used by the business to increase operations and development initiatives.
Under the direction of CEO Daniel Ruiz and CTO Asad Dar, Synch offers a platform that uses AI to reduce the numerous administrative tasks involved in managing a sales department, streamline the migration and setup of Salesforce, and provide dashboards and automations.
The business offers:
- a platform that predicts sales outcomes for managers and sales representatives by using artificial intelligence to identify trends and accounting for past team member performance.
- a pre-built dashboard and report that provides teams with instant access to the data insights they require, along with an unconventional examination of their pipeline.
- a tool to assess their current sales pipeline and estimate the chance of a deal. It uses past and client data to generate recommendations that people might not think about.
- a pipeline management application with real-time bidirectional data sync to Salesforce that allows users to change their accounts, contacts, and opportunities in-line.
Synch caters to clients including Finley and Mercury.