Alta, an AI-based revenue workforce solutions provider, announced today that it has raised a $7 million seed financing round and has launched out of stealth. The funding round was led by Entrée Capital and Target Global, with additional funding from angel investor Ben Lang and others. Gavin Patterson, former President and Chief Revenue Officer at Salesforce, Nir Goldstein, Operating Partner at Greenfield Partners, and Yoram Teitz, Partner at General Atlantic, serve as strategic advisors.
Alta has created a large language model (LLM) for sales and trained its data-driven AI agents to complete key marketing, sales, and revenue operations (RevOps) tasks. This will help companies empower their sales teams and increase revenue.
Even though AI continues to impact nearly every industry, go-to market and revenue teams across numerous vertical markets struggle with fully harnessing AI and data for real growth and impact to their bottom line. Identifying the right tools to enhance the capabilities of salespeople while also automating relevant tasks is a real challenge. Companies that could effectively navigate towards AI solutions that bolster a human workforce, rather than replace it, and implement a strong foundation of AI tools, will ultimately be more successful than their competitors.
Alta has created a data-driven AI Revenue Workforce (agents) that automates repetitive and mundane tasks requiring limited human oversight, such as researching potential leads, conducting personalized outreach across multiple channels, and providing actionable insights based on real-time data across all revenue functions. And Alta trained its AI workforce on extensive data across industries, regions, and cultures, which has resulted in the creation of highly specialized and experienced AI agents that help companies achieve improved revenue growth by working smarter and faster, saving companies upwards of 20 hours per week of workforce time, accelerating their sales cycle, and leaving humans to focus on relationship-building opportunities, strategic, and creative work.
AI agents in Alta’s workforce include Katie – a Sales Development Representative (SDR); Luna – an AI RevOps agent; and Alex – an AI Calling agent, with built in integrations of the workforce into more than 50 internal and external marketing, sales, and revenue systems that include CRMs, ERPs, payment, advertising social media tools and more.
By deploying Alta’s AI workforce, revenue teams could shift their efforts to those best executed by people: strengthening relationships and closing deals. And current customers employing Alta’s workforce range from Fortune 500 companies to SMBs.
The company was launched in 2023 by CEO Stav Levi-Neumark, one of the few female CEOs in enterprise AI, alongside co-founders Tom Hoffen and Mor Shabtai (Founder of Xperiti, acquired by Ipsos). And the founding team brings deep expertise from their previous roles as senior engineers and product managers at monday.com, while Alta’s broader leadership includes managers from Intel and Meta.
KEY QUOTES:
“Central to Alta is our belief that no AI technology can replace human creativity. Instead, humans who choose to strategically leverage AI to enhance how they prioritize ROI, will replace those who don’t. With AI, organizations can drastically improve their most valuable asset: their revenue engine. This funding will allow us to continue developing our out-of-the-box solutions that unlock limitless revenue growth opportunities.”
– Stav Levi-Neumark, Co-founder & CEO of Alta
“The AI revolution is reshaping the way teams and companies operate, and we see endless potential in Alta’s AI solutions to improve the efficiency of revenue teams and deliver better results. We are excited to support Alta’s growth as they scale and solidify their position as a major force in the workforce intelligence automation space.”
– Avi Eyal, Co-founder and Managing Partner of Entrée Capital
“What caught our attention about Alta was how they’ve redefined the relationship between AI and sales teams. Rather than promising to replace humans, they’ve created AI team members that handle the heavy lifting while empowering salespeople to focus on what they do best. The rapid traction they’ve gained with both enterprise and mid-market customers is a testament to the fact that Alta’s approach delivers measurable returns from day one.”
– Shmuel Chafets, General Partner at Target Global
