Funding

SaleSqueze funding news – SaleSqueze Secures $1.5Million in Seed Funding

Jun 13, 2024 | By Team SR

SaleSqueze, a manufacturer sales management platform situated in Slovenia, has raised $1.5 million in seed money. Underline Ventures led the round, which also included participation from angel investors Super-Angels, Klub 20, Xenia Muntean, Christoph Zoeller, and Björn W. Schäfer.

SaleSqueze, a manufacturer sales management platform situated in Slovenia, has raised $1.5 million in seed money. Underline Ventures led the round, which also included participation from angel investors Super-Angels, Klub 20, Xenia Muntean, Christoph Zoeller, and Björn W. Schäfer.

SUMMARY

  • SaleSqueze, a manufacturer sales management platform situated in Slovenia, has raised $1.5 million in seed money.
  • SaleSqueze is a visual CPQ platform for manufacturers, providing a digital way to sell complex products.

The company intends to utilise the financing to expedite its market launch and augment its product development. SaleSqueze focuses on sophisticated products like as home and garden equipment, tiny and modular dwellings, agricultural equipment, RVs, and more in an effort to create a "Tesla-like" experience in the manufacturing sector.

The product of the company offers a smooth, automated lead-to-order process that integrates sales intelligence and AI-powered visualisation with a strong emphasis on providing an outstanding customer experience.

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Salespeople utilise a variety of hand tools, frequently in sets. The biggest challenges faced by companies that offer sophisticated products include lengthy, laborious sales procedures, exorbitant expenses, and handling never-ending customisation requests.

These problems result in low sales conversion rates, inefficiencies, mistakes, and frustration. Furthermore, these businesses still find it difficult to give their clients a visual representation of their items that lets them add different options and customisations along with an instant pricing quote.

By streamlining and automating the sales process and offering clients a "self-service" model, the company lowers overhead, permits customised orders, and aids in the quicker and more effective expansion of businesses.

Leon Panjtar, Co-Founder and CEO of SaleSqueze, said, “Our goal is to make digital sales available to any company selling complex products, just like Shopify did for standard products and like Tesla did for cars. This funding round is a big step towards making that happen as it enables us to make our platform self-service, automate onboarding, and to support more businesses globally. We want to make selling complex products as easy and efficient as possible.”

To automate the selling of complex products, SaleSqueze is developing a Visual CPQ (Configure, Price, Quote) platform. The platform streamlines sales for products including RVs, SPVs, compact and modular homes, cars, industrial components, medical devices, machinery, and much more, making it perfect for small to medium-sized businesses.

Bogdan Iordache, General Partner of Underline Ventures, commented, “I’m impressed by SaleSqueze’s vision and dedication. We’re excited to support their mission to simplify B2B sales of complex products with a visual, digital experience.”

About SaleSqueze

SaleSqueze is a visual CPQ platform for manufacturers, providing a digital way to sell complex products. It simplifies the sales process, enhances the product’s visual representation, and empowers the sales team, partners, and customers with a seamless self-serve experience. Their easy-to-use platform streamlines the sales journey, allowing you to effortlessly configure, price, and quote complex products.

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