Walnut Overview
Walnut has developed a failure-free codeless platform designed to enable a seamless remote sales process. The platform features fully customizable templates for demos specific to the particular client or vertical being targeted, and features a learning system for creating demo templates based on previously successful ones, allowing sales teams to fine-tune their demos according to past experience. Walnut aims to remove the reliance on back-end teams, such as graphic designers, product developers, and R&D when creating sales demos, thereby reducing friction and streamlining the communication process.
Cumulative Funding Raised Over Time ($)
$15.0MAug 2021
$18.5MDec 2020
$53.5MJan 2022
$56.0MOct 2020
Latest News
Growth-negative
Walnut cuts 20% of workforce in another round of layoffs | CTech
Israeli startup Walnut, a developer of a sales and marketing demo experience platform, is laying off 15 employees, which is 20% of its total workforce. This follows a previous round of layoffs in 2023, reducing the team by around 50% from 120 to 60 people. The company has stated that this is part of an efficiency process and a refocusing on core operations. Despite the layoffs, Walnut has successfully raised significant investment, including a $35 million Series B funding round led by Felicis Ventures in January 2022.
LayoffsInvestment
Growth-Positive
Yoav Vilner, CEO of Walnut: "I saw no option but to dedicate our entire office to the home front efforts." | CTech
Yoav Vilner, CEO of Walnut, responded to an unspecified situation by transforming Walnuts offices into a Hi-Tech Command Center by October 8. This initiative became a major civilian effort with hundreds of volunteers participating. Vilner emphasizes the importance of sustaining business activity as much as possible, especially for startups, in line with the Israeli ethos.
growth-positive
Walnut Launches 'Ace' to Improve Sales Team Efficiency with the Help of OpenAI and More | Marketing Dive
Walnut, the interactive demo platform, has announced its latest product suite, Walnut Ace, which integrates with OpenAI, Slack, and Gmail to help sales teams work faster and deliver more. The company has raised $56M and works with Fortune 500 companies. Walnut Ace allows sales teams to script demos with OpenAI, share demos directly from Gmail, receive live notifications on prospect interactions from Slack, and collaborate on demo creation in real-time. The new product suite aims to increase sales team efficiency and sales velocity. Walnuts investors include Felicis, NFX, SV Angel, Joe Montana’s Liquid2, Salesforce President, Wix CEO, and Okta’s co-founders.
InvestmentPartners
growth-positive
Walnut Utilizes OpenAI to Revolutionize Sales Demos with Launch of ‘Ace’
Walnut, a leading interactive sales demo platform, has launched a new product suite called Ace that integrates with OpenAIs technology. The integration aims to help sales professionals close more deals and gain insights into their workflows. By leveraging OpenAI, Walnut Ace can generate insightful scripts, create presenter notes, and answer prospect questions during self-guided demos. This frees up salespeoples time to focus on customer issues. The addition of OpenAI to Walnuts product suite highlights the innovation the company is bringing to the market. OpenAIs technology has revolutionized product design and has various use cases, including generating written content, crafting emails, and enhancing customer support. AI integration is seen as key in B2B SaaS, and it is expected to play a critical role in transforming industries.
PartnersCustomers
growth-positive
הדגמה מותאמת אישית לכל לקוח: כך עוזרת וולנט הישראלית לאנשי המכירות
וולנט, a technology company, has developed a platform that allows sales teams to create personalized product demos quickly. Despite initial difficulties and recommendations against starting a company during the pandemic, וולנט has already raised $56 million and acquired several large customers. In an interview, the founder discusses the companys establishment, growth in a new field, and the goal of making וולנט a well-known name in the industry.
InvestmentCustomers
| Sector | Business Software |
Funding
| Total funding | $56M |
| Last funding | $35M |
| Stage | B |
| Rounds | 4 |
| Investors | 21 |
Team Members
4
Employees: 51-200
Web & Social Links
| Website | www.walnut.io |
| Careers | Careers page |
Locations
Dubnov St 10, Tel Aviv-Yafo, Israel
950 6th Ave, New York, NY 10001, USA
Photos & Videos
1 item(s)
Walnut Business
Business models
B2B
Product stage
Released
Employees
51-200
Sector
Business SoftwareSales & Marketing SolutionsTarget Customer
Enterprise & Professional ServicesMarketing & SalesCore Technology
Platforms & InterfacesWebArtificial IntelligenceMachine LearningTags (8)
customer-successartificial-intelligenceconversion-optimizationsaasmachine-learningsalesenterprise-solutionsenterprisesWalnut Financials
$56M
Total funding
Undisclosed
Capital raised
$35M
Last funding
B
Funding stage
4
Total rounds
21
Investors
Cumulative Funding Raised Over Time ($)
$15.0MAug 2021
$18.5MDec 2020
$53.5MJan 2022
$56.0MOct 2020
Private Equity Funding
B Round
Jan 2022
$35M
Felicis Ventures (Lead)
,
Stephanie Robotham, A.Capital Ventures, Eight Roads Ventures, Sarah Franklin, Eynat Guez, Ariel Cohen, Frederic Kerrest, Kim Walsh, James Ireson, NFX Capital, Michael Shaulov, Stacey Epstein, Ryan Carlos
A Round
Aug 2021
$15M
Eight Roads Ventures (Lead)
Seed
Dec 2020
$3.5M
SV Angel, A.Capital Ventures
Seed
Oct 2020
$2.5M
NFX Capital (Lead)
,
Graph Ventures, Roundforest, Mercury, L2 Ventures, PlanGrid, Avishai Abrahami
Walnut Lifecycle
Cumulative Funding Raised Over Time
$15.0MAug 2021
$18.5MDec 2020
$53.5MJan 2022
$56.0MOct 2020
All Events
B Round
Jan 2022
$35M
Felicis Ventures (Lead)
,
Stephanie Robotham, A.Capital Ventures, Eight Roads Ventures, Sarah Franklin, Eynat Guez, Ariel Cohen, Frederic Kerrest, Kim Walsh, James Ireson, NFX Capital, Michael Shaulov, Stacey Epstein, Ryan Carlos
A Round
Aug 2021
$15M
Eight Roads Ventures (Lead)
Seed
Dec 2020
$3.5M
SV Angel, A.Capital Ventures
Seed
Oct 2020
$2.5M
NFX Capital (Lead)
,
Graph Ventures, Roundforest, Mercury, L2 Ventures, PlanGrid, Avishai Abrahami
Walnut News
13 articles
Growth-negative
Walnut cuts 20% of workforce in another round of layoffs | CTech
Israeli startup Walnut, a developer of a sales and marketing demo experience platform, is laying off 15 employees, which is 20% of its total workforce. This follows a previous round of layoffs in 2023, reducing the team by around 50% from 120 to 60 people. The company has stated that this is part of an efficiency process and a refocusing on core operations. Despite the layoffs, Walnut has successfully raised significant investment, including a $35 million Series B funding round led by Felicis Ventures in January 2022.
LayoffsInvestment
Growth-Positive
Yoav Vilner, CEO of Walnut: "I saw no option but to dedicate our entire office to the home front efforts." | CTech
Yoav Vilner, CEO of Walnut, responded to an unspecified situation by transforming Walnuts offices into a Hi-Tech Command Center by October 8. This initiative became a major civilian effort with hundreds of volunteers participating. Vilner emphasizes the importance of sustaining business activity as much as possible, especially for startups, in line with the Israeli ethos.
growth-positive
Walnut Launches 'Ace' to Improve Sales Team Efficiency with the Help of OpenAI and More | Marketing Dive
Walnut, the interactive demo platform, has announced its latest product suite, Walnut Ace, which integrates with OpenAI, Slack, and Gmail to help sales teams work faster and deliver more. The company has raised $56M and works with Fortune 500 companies. Walnut Ace allows sales teams to script demos with OpenAI, share demos directly from Gmail, receive live notifications on prospect interactions from Slack, and collaborate on demo creation in real-time. The new product suite aims to increase sales team efficiency and sales velocity. Walnuts investors include Felicis, NFX, SV Angel, Joe Montana’s Liquid2, Salesforce President, Wix CEO, and Okta’s co-founders.
InvestmentPartners
growth-positive
Walnut Utilizes OpenAI to Revolutionize Sales Demos with Launch of ‘Ace’
Walnut, a leading interactive sales demo platform, has launched a new product suite called Ace that integrates with OpenAIs technology. The integration aims to help sales professionals close more deals and gain insights into their workflows. By leveraging OpenAI, Walnut Ace can generate insightful scripts, create presenter notes, and answer prospect questions during self-guided demos. This frees up salespeoples time to focus on customer issues. The addition of OpenAI to Walnuts product suite highlights the innovation the company is bringing to the market. OpenAIs technology has revolutionized product design and has various use cases, including generating written content, crafting emails, and enhancing customer support. AI integration is seen as key in B2B SaaS, and it is expected to play a critical role in transforming industries.
PartnersCustomers
growth-positive
הדגמה מותאמת אישית לכל לקוח: כך עוזרת וולנט הישראלית לאנשי המכירות
וולנט, a technology company, has developed a platform that allows sales teams to create personalized product demos quickly. Despite initial difficulties and recommendations against starting a company during the pandemic, וולנט has already raised $56 million and acquired several large customers. In an interview, the founder discusses the companys establishment, growth in a new field, and the goal of making וולנט a well-known name in the industry.
InvestmentCustomers
growth-positive
Walnut for teams boosts sales team performance with enhanced personalization features
Sales experience startup Walnut has announced a significant update to its sales platform, Walnut for teams, following its recent $35M Series B funding round. The update includes new features designed to improve the speed of creating personalized sales demos and enhance sales team performance. The new features include the Demo Customization Wizard, which allows sales teams to personalize product demos quickly, a Demo Library for organizing sales campaigns, and a new generation of demo analytics for understanding prospects better. The platform is designed to boost the efficiency of sales teams and the success rate of sales campaigns.
CustomersExpand
growth-positive
Walnut appoints Sagit Malkes Glaswein and Amitai Tamir to executive positions
Walnut has welcomed two new executives, Sagit Malkes Glaswein as VP of People & Operations and Amitai Tamir as VP of Finance, to help accelerate its business growth. Sagit Malkes Glaswein brings over 15 years of HR management experience from global tech companies, including Similarweb. Amitai Tamir has a successful track record in finance, previously working at Gett and Teva Pharmaceuticals. Walnut, a sales and marketing demo experience platform, recently closed a $35 million Series B funding round, bringing its total funding to $56 million. The company plans to triple its workforce by the end of 2022.
Management ChangesExpand
growth-positive
Walnut raises $35 million Series B for sales and marketing demo experience platform
Israeli startup Walnut has raised $35 million in a Series B funding round led by Felicis Ventures. This comes just four months after their $15 million Series A, bringing their total funding to $56 million. Walnuts no-code platform allows customer-facing teams to create customized product demos quickly and efficiently. The funding will help the company scale and continue serving their over 100 B2B customers, including Adobe and NetApp. The round also saw participation from strategic angel investors such as Salesforces President & CMO Sarah Franklin and Oktas Executive Vice Chairman Frederic Kerrest.
Investment
growth-positive
Sales experience platform Walnut raises $15M to improve product demonstrations
Walnut, a sales experience platform, has raised $15 million in Series A funding led by Eight Roads Ventures. The company, founded in July 2020, offers a no-code platform for teams to create customized product demonstrations quickly and generate insights from the demos. With the latest funding, Walnut has raised a total of $21 million. The company serves over 60 B2B clients, including Adobe and NetApp, and plans to use the funding to expand its team across the U.S., Europe, and Israel, as well as develop its technology and platform further.
InvestmentExpand
growth-positive
מדוע סטארטאפ לפני סיד צריך VP Sales ואיך זה עזר לו לגייס מכמה משקיעים נחשבים בעולם
The startup Walnut, founded by Yoav Vilner and Danny Friedland, has raised $6 million in seed funding. The company assists sales teams in technology companies to easily create a demo environment for sales calls. The funding round was led by Gigi Levi-Weiss and venture capital firm NFX, with participation from investors in Israel and Silicon Valley, including Wix CEO Avishai Abrahami and former football player Joe Montana. The startup was founded during the coronavirus crisis.
Investment
growth-positive
Walnut raises $3.5M from Ron Conway and others to stop remote sales pitches breaking
Walnut, a platform for sales teams, has raised $3.5 million in funding. The company aims to solve the friction between sales and back-end teams and the problem of sales demos breaking during calls. Walnut allows sales reps to choose and edit disconnected front-end pages and features to match specific clients. It is currently working with enterprise clients like Varonis and Adobe. Walnut competes with Gong.io but differentiates itself with its technical approach.
Investment
growth-positive
Israeli startup Walnut launches no-code platform for sales demos with $2.5 million in seed funding - Tech.eu
Tel Aviv-born startup Walnut has raised $2.5 million in seed funding and launched its platform for inside sales teams. The platform allows sales teams to create sales demos without any code, similar to Wix for sales teams. The investment came from various investors, including Wixs CEO Avishay Abrahami. Walnuts platform removes the need for back-end teams when creating demos, as sales representatives can drag-and-drop elements to develop customizable templates. The startup, founded in January, has customers that include both startups and enterprises.
InvestmentPartners
growth-positive
Joe Montana among seed investors in Israeli startup Walnut
Israeli startup Walnut has officially launched its sales platform and closed a $2.5 million seed round. The platform provides sales teams with customizable templates for demos, allowing them to create tailored presentations for each client or vertical. It also has a learning system that fine-tunes demos based on past successful ones. The platform is already being used by companies like Varonis and Namogoo, with 30 additional tech companies on the waiting list. Walnut aims to automate the sales process and improve conversion rates. The seed round was led by NFX, with investments from Avishay Abrahami, Joe Montanas L2 Ventures, and other investors from Israel and Silicon Valley.
CustomersInvestment
Walnut Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 99 |
| Team members | 4 |
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Walnut Internal
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Admin Info
| Confidence | 102/100 |
| Missing | markets |
| BI Verification | Maor Perlov |
| Registrar ID | 516230018 |
| Crunchbase | walnut-a9f9 |
| Creator | Maor Perlov |
| Creator email | maorperlov@gmail.com |
| Last updater | Jenny Sotnik-Talisman |
| Updater email | jenny.sotnik@sncentral.org |
| Last update | 2023-03-02T00:00:00.000Z |
| Created | 2020-10-07T00:00:00.000Z |
| Claimed | Yes |