TLDR:
- Momentum, a customer intelligence platform, raised $13M in Series A funding.
- The funding round was led by FirstMark Capital and included participation from Stage 2 Capital and existing investors.
Momentum, based in San Francisco, CA, raised $13M in Series A funding to expand operations and development efforts. The funding round, led by FirstMark Capital with participation from Stage 2 Capital and existing investors including Basis Set Ventures and Leadout Capital, brought the total amount raised to $18M.
The company’s platform allows companies to automatically capture customer intelligence from call recordings, emails, and Slack, and use that data to predict and prevent customer churn, alert revenue leaders of forecast risk, streamline processes, and automate tasks. Momentum’s AI-powered platform helps optimize operations and improve efficiency for customer-facing teams.
CEO Santiago Suarez Ordoñez expressed excitement about the impact the company is having on its customers, noting that they have only scratched the surface of what is possible with their platform.
