Budy.bot, an AI-driven sales and marketing assistant, recently announced the completion of a US$4.2 million seed round of financing, led by RTP Global, with participation from BeeNext Pte Ltd, The Neon Fund, BITS SPARK Angels and more than 15 angel investors. The funding will be used to enhance Budy’s core AI capabilities, focusing on training and development to help enterprises simplify complex software stacks, improve operational efficiency, and solve pain points in sales and marketing. Budy is mainly aimed at growing companies with annual revenue between US$25 million and US$200 million. It is designed to help these companies overcome operational obstacles during expansion and maximize the use of existing systems without the need for additional software.
Budy plans to use the funds to further enhance its core AI capabilities and focus on training and development. The company is already working with some enterprise clients to address pain points in sales and marketing, such as reconfiguring sales systems to optimize performance, filling lead conversion gaps and rolling out more accurate underlying revenue forecasting models.
Budy's target customers are mainly growing companies with annual revenue between US$25 million and US$200 million. These companies often face unexpected operational obstacles as they scale, often adding layers of software that complicate operations. Budy provides a more simplified solution to help enterprises maximize the use of existing systems without the need for additional software.
Samay Kohli, founder and CEO of Budy, said: “By using AI, we are able to unlock the potential of companies’ existing tools rather than forcing them to add new software. We believe Budy can help enterprises maximize their sales and Marketing budget.”
According to data from Grand View Research, the global chatbot market is expected to exceed US$3.9 billion by 2030, and more than 50% of large enterprises will invest more in chatbots than mobile sales application development. And AI has now become an important part of sales and marketing strategies.
Today, companies such as IBM’s Watsonx, Amazon’s Lex, and Dell are guiding enterprises’ growth through intelligent AI solutions and seamless support.
Highlight:
Budy.bot received $4.2 million in seed funding with the goal of streamlining the sales and marketing process for businesses.
The company focuses on solving the operational obstacles that growing companies face during expansion and improving the efficiency of existing systems.
With the chatbot market growing rapidly, AI is becoming an integral part of sales and marketing strategies.
The editor of Downcodes concluded: Budy.bot’s financing success reflects the huge market potential of AI in the field of sales and marketing. Its concept of focusing on improving the efficiency of existing systems provides a more cost-effective solution for growing companies and is worthy of attention. In the future, the application of AI technology in the sales and marketing fields will be more extensive and in-depth.