Funding

[Funding alert] Lithuania-based Evergrowth Secures $2.2Million in Pre-Seed Funding

Feb 16, 2024 | By Team SR

Lithuania-based Evergrowth secures $2.2million in pre-seed funding. Impellent Ventures and Practica Capital led the funding round. The money will be used by the business to grow both its operations and growth initiatives.

Lithuania-based Evergrowth secures $2.2million in pre-seed funding. Impellent Ventures and Practica Capital led the funding round. The money will be used by the business to grow both its operations and growth initiatives.

Mantas Urnieza, Tadas Cekavicius, JB Daguené, Aivaras Rastenis, and Algimantas Padegimas co-founded Evergrowth, a sales platform that uses AI-driven insights to build customer-centric sales frameworks that let B2B businesses interact with customers through account-based strategies.

With the help of its system, sales teams may increase their total addressable market (TAM) and improve client engagement by facilitating tailored, data-driven engagements. Within three months of the introduction of its MVP, the company, which also maintains headquarters in New York City, USA, is already on target to reach $500K ARR.

Read also - Helsinki-based Vapaus Secures €15 Million in a Debt Funding

About Evergrowth

Evergrowth has transformed from a very profitable consulting company into the industry's top account-based sales platform by fusing cutting-edge AI technology with their vast experience in B2B sales consulting. With this change, they can now give sales teams more insightful, useful information about clients and prospects, allowing for more focused and individualized interactions.

Read also - Copenhagen-based Go Autonomous Secures €10 Million in Series A Round Funding

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