How much funding has Lavender raised?

Lavender has raised $13.2M across 2 funding rounds.

Lavender Analysis: $13M Raised

What is Lavender?

Lavender is an AI-powered email intelligence platform designed to help sales development representatives (SDRs) write more effective emails and boost reply rates through personalized coaching and insights.

Employees

51-200

Founded

2020

Industry

SaaS, Salestech, AI/ML

Revenue

$11.9M

Autonomy Level

Semi-autonomous

Market Verticalization

Horizontal

Sales Tech Capabilities

Prospecting, Enrichment, Personalization, Reply Handling, Analytics

Target User Segment

Mid-market

Product Features & Capabilities

AI Email Coach, Personalization Assistant, real-time coaching, integration with Gmail and Outlook, Sales Email Certification course
Prospecting, Enrichment, Personalization, Reply Handling, Analytics

Pricing

Basic Plan: Free forever, includes analyzing and personalizing 5 emails per month.
Starter Plan: $27/month (billed annually), includes unlimited emails and personalization.
Individual Pro Plan: $45/month (billed annually), includes everything in Starter plus priority support.
Team Plan: $89/seat/month (billed annually), includes integrations and coaching dashboard.

How much Lavender raised

Seed - $2.2 million

2023-02-02

Lead Investor: Signia Venture Partners, CapitalX

Series A - $11 million

2023-02-02

Lead Investor: Norwest Venture Partners, Signia Venture Partners

Customer Success Story

Lavender has notable customers such as Clari, which experienced a doubling of their email reply rate from 8% to 16% after implementing Lavender's email intelligence platform. Other clients include Twilio/Segment, Google, Brex, and Demandbase, all of which have benefited from improved email effectiveness through Lavender's AI-driven insights and recommendations.