11x Raises a $50 Million Series B Led by Andreessen Horowitz to Accelerate the Era of Digital Workers

Quick Summary:

"Each new digital worker will replace the work of 11 full-time employees, managing an even broader range of GTM tasks from lead management to pipeline analytics.” About 11x 11x is redefining work by replacing software with autonomous digital workers that automate Go-to-Market (GTM) workflows, helping organizations increase efficiency and cut costs.11x specializes in automating roles across GTM teams, including Sales, Marketing, and Revenue Operations.

Only 30% of sales reps' time is spent selling, with 70% lost to non-selling tasks like data entry and system management.11x addresses this imbalance with digital workers that autonomously handle the workflows of traditional revenue teams.

Digital Workers, Not Software The company's first two digital workers have demonstrated remarkable results: Alice, the world's first AI SDR, manages campaigns, sources leads, and personalizes outreach, driving response rates 3x higher than traditional SDRs.

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Article Details

Author / Journalist: 11X AI INC.

Category: Technology

Markets: ChinaJordan

Topics: Work Workers Horowitz Alice Revenue Andreessen Sales Workflows Teams Francisco Digital

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 17:00:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Readers: 55 people read this story

Article Length: 417 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 23520928

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