AI SDR startups are booming. So why are VCs wary?

Quick Summary:

Another venture capitalist that looked at this market but hasn’t yet invested said her firm looked at several AI SDR startups and they all had $1 million in ARR within less than a year.

Index has yet to invest in any of these companies, many of which are less than a year old,  because even though the whole category is on fire, and customers are using them, it’s still too early to know if their growth will continue over the long term.

Small businesses and startups often lack a dedicated travel desk, forcing executives and founders to rely on human assistants or consuming and cumbersome travel apps.

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Article Details

Author / Journalist: Marina Temkin

Category: Technology

Markets: United StatesBrazilIndiaOmanRomania

Topics: AI Salesforce Index Ventures Zoominfo Venture Jasper HubSpot Signalfire Startups

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-22 @ 18:23:41 (10 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1324 words

Reading Time: 8 minutes read

Sentences: 57 lines

Sentence Length: 24 words per sentence (average)

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

Copyright Owner: © TechCrunch

News ID: 22214110

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