Rightbound Overview
RightBound develops technology to facilitate the automation and streamlining of sales processes between organizations and companies.
Cumulative Funding Raised Over Time ($)
$2.0MJul 2019
$17.5MMar 2022
$29.5MMay 2021
Latest News
growth-positive
RightBound Adds $15.5M to its Series A, Bringing Total Funding to $27M
RightBound, a technology company specializing in sales development, has announced new funding of $15.5 million, bringing its total funding to $27 million. The company has experienced significant growth, with a 400% increase in ARR in 2021 and a tripling of its valuation. RightBound has also expanded its customer base and employee headcount, adding new executives to its team. The companys platform uses AI and machine learning to automate and optimize the sales development process, resulting in increased outbound sales results and time savings for its customers. RightBound has been praised for its ability to eliminate manual prospect searching and connect with prospects more effectively. The company is focused on supporting the sales development profession and has launched initiatives such as an SDR leader community and a free SDR swag store. RightBound integrates with popular CRM and sales engagement platforms and has a remote workforce based in the United States and Israel.
InvestmentExpand
growth-positive
RightBound raises $12 million to drive B2B sales
Israeli startup RightBound has raised $12 million in a series A funding round led by Innovation Endeavors, with participation from IBI Tech Fund, Operator Collective, and angel investors. The company has developed an autonomous sales prospecting engine that transforms manual sales routines into a data-driven, AI-based process. RightBound, which has been growing 100% per quarter for the past year, plans to double its workforce by 2022. The companys machine connects with Salesforce, Hubspot, Outreach.io, and Salesloft, allowing sales teams to focus on building relationships with prospects.
InvestmentExpand
growth-positive
IBI Tech Fund invests $2.5m in two startups
Israels IBI Tech Fund has announced two new investments totalling $2.5 million in startups RightBound and Xperiti. RightBound, which received $2 million, develops technology to automate and streamline sales processes between organisations and companies. Xperiti, which received $500,000, uses AI to find experts and manage information. The investments were made in partnership with Shalev Hulio and Dr. Rafi Gidron. The fund, which was founded with government assistance, raised NIS 403 million in June 2018 and will invest up to 75% of its assets in non-marketable high-tech companies.
Investment
| Sector | Business Software |
Funding
| Total funding | $29.5M |
| Last funding | $15.5M |
| Stage | A |
| Rounds | 3 |
| Investors | 5 |
Team Members
2
Employees: 11-50
Web & Social Links
| Website | rightbound.com |
| Careers | Careers page |
Locations
Zeev Jabotinsky St 7, Tel Aviv, Israel
1740 Broadway, New York, NY 10019, USA
Photos & Videos
No files yet
Rightbound Business
Business models
B2B
Product stage
Released
Employees
11-50
Sector
Business SoftwareSales & Marketing SolutionsTarget Customer
Enterprise & Professional ServicesSMBs & SMEsCore Technology
Platforms & InterfacesSoftwareTags (4)
enterprise-solutionssoftware-applicationsmanagement-solutionssalesRightbound Financials
$29.5M
Total funding
Undisclosed
Capital raised
$15.5M
Last funding
A
Funding stage
3
Total rounds
5
Investors
Cumulative Funding Raised Over Time ($)
$2.0MJul 2019
$17.5MMar 2022
$29.5MMay 2021
Private Equity Funding
A Round
Mar 2022
$15.5M
Innovation Endeavors (Lead)
,
Operator Collective, IBI Tech Fund
A Round
May 2021
$12M
Innovation Endeavors (Lead)
,
IBI Tech Fund, Operator Collective, Zach Weinberg
Seed
Jul 2019
$2M
IBI Tech Fund (Lead)
,
Avishag Bohbot
Rightbound Lifecycle
Cumulative Funding Raised Over Time
$2.0MJul 2019
$17.5MMar 2022
$29.5MMay 2021
All Events
A Round
Mar 2022
$15.5M
Innovation Endeavors (Lead)
,
Operator Collective, IBI Tech Fund
A Round
May 2021
$12M
Innovation Endeavors (Lead)
,
IBI Tech Fund, Operator Collective, Zach Weinberg
Seed
Jul 2019
$2M
IBI Tech Fund (Lead)
,
Avishag Bohbot
Rightbound News
3 articles
growth-positive
RightBound Adds $15.5M to its Series A, Bringing Total Funding to $27M
RightBound, a technology company specializing in sales development, has announced new funding of $15.5 million, bringing its total funding to $27 million. The company has experienced significant growth, with a 400% increase in ARR in 2021 and a tripling of its valuation. RightBound has also expanded its customer base and employee headcount, adding new executives to its team. The companys platform uses AI and machine learning to automate and optimize the sales development process, resulting in increased outbound sales results and time savings for its customers. RightBound has been praised for its ability to eliminate manual prospect searching and connect with prospects more effectively. The company is focused on supporting the sales development profession and has launched initiatives such as an SDR leader community and a free SDR swag store. RightBound integrates with popular CRM and sales engagement platforms and has a remote workforce based in the United States and Israel.
InvestmentExpand
growth-positive
RightBound raises $12 million to drive B2B sales
Israeli startup RightBound has raised $12 million in a series A funding round led by Innovation Endeavors, with participation from IBI Tech Fund, Operator Collective, and angel investors. The company has developed an autonomous sales prospecting engine that transforms manual sales routines into a data-driven, AI-based process. RightBound, which has been growing 100% per quarter for the past year, plans to double its workforce by 2022. The companys machine connects with Salesforce, Hubspot, Outreach.io, and Salesloft, allowing sales teams to focus on building relationships with prospects.
InvestmentExpand
growth-positive
IBI Tech Fund invests $2.5m in two startups
Israels IBI Tech Fund has announced two new investments totalling $2.5 million in startups RightBound and Xperiti. RightBound, which received $2 million, develops technology to automate and streamline sales processes between organisations and companies. Xperiti, which received $500,000, uses AI to find experts and manage information. The investments were made in partnership with Shalev Hulio and Dr. Rafi Gidron. The fund, which was founded with government assistance, raised NIS 403 million in June 2018 and will invest up to 75% of its assets in non-marketable high-tech companies.
Investment
Rightbound Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 31 |
| Team members | 2 |
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Rightbound Internal
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Admin Info
| Confidence | 82/100 |
| Missing | description, video or image, markets, not claimed |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 516010782 |
| Crunchbase | rightbound |
| Creator | Jenny Sotnik-Talisman |
| Creator email | genys30@yahoo.com |
| Last updater | Jenny Sotnik-Talisman |
| Updater email | jenny.sotnik@sncentral.org |
| Last update | 2022-08-29T00:00:00.000Z |
| Created | 2019-04-11T00:00:00.000Z |