11x Analysis: $26M Raised
What is 11x?
11x provides digital workers that automate full-cycle go-to-market strategies, including sales development representative (SDR) functions, enhancing efficiency and productivity for sales and marketing teams.
Employees
51-200
Founded
2023
Industry
SaaS, Salestech, AI/ML
Revenue
$2M
Autonomy Level
Fully autonomous
Market Verticalization
Technology
Sales Tech Capabilities
Prospecting, Enrichment, Personalization, Reply Handling, CRM Automation, Analytics
Target User Segment
SMB/Startup
Product Features & Capabilities
- Alice, AI SDR for lead qualification, 24/7 operations, multilingual capabilities, autonomous intelligence, AI-personalized messaging, multi-step follow-up sequences, calendar and CRM integration, continuous learning and optimization, Julian, AI Phone Agent for customer engagement, real-time interaction handling, data-driven insights.
- Prospecting, Enrichment, Personalization, Reply Handling, CRM Automation, Analytics
How much 11x raised
Pre-Seed - $2 million
August 11, 2023Lead Investor: Project A Ventures
Series A - $24 million
September 16, 2024Lead Investor: Benchmark
Customer Success Story
One notable customer of 11x is Connecteam, an all-in-one employee management app that connects frontline workers with office operations. They implemented 11x's AI-powered phone representative, Julian, to scale personalized outreach without hiring additional sales development representatives (SDRs). This resulted in significant outcomes, including a savings of $450,000 in annual SDR salaries, a 73% decrease in no-shows for meetings, and a $30,000 increase in monthly revenue per SDR. Asaf Niv, R&D Operations at Connecteam, highlighted that 11x enabled them to reach hundreds of thousands of previously untouched leads.
Another notable customer is Pleo, a Copenhagen-based leader in corporate expense management. Pleo utilized 11x's AI-powered SDR, Alice, to enhance their outreach and messaging. By integrating Alice into their CRM, they achieved increased outreach volume and improved messaging relevance, allowing them to scale their operations efficiently.
Another notable customer is Pleo, a Copenhagen-based leader in corporate expense management. Pleo utilized 11x's AI-powered SDR, Alice, to enhance their outreach and messaging. By integrating Alice into their CRM, they achieved increased outreach volume and improved messaging relevance, allowing them to scale their operations efficiently.
Who are the founders of 11x
PJ
Prabhav Jain
CEO
HS
Hasan Sukkar
Founder, Non-Executive Chairman
See something that needs updating? Suggest edits to this profile.
