Landbase: Agentic AI Company Raises $12.5 Million (Seed)

By Amit Chowdhry ● Sep 19, 2024

Landbase, which is the world’s first agentic AI platform specifically designed for go-to-market, exited stealth with $12.5 million in seed funding. The funding round was co-led by A*, 8VC, and First Minute Capital, with participation from Inovia Capital, Picus Capital, and General Catalyst (La Famiglia).

Every business is unique, but they all struggle to survive without leads and sales. Sales and marketing teams are bogged down by manual repetitive processes, disconnected tools, siloed teams & fragmented data. With a mess of go-to-market execution, generating leads that convert into revenue can be exceedingly difficult.

Through Landbase, you can automate, unify, and optimize your go-to-market processes all in one place, powered by AI and backed by human expertise. And Landbase is powered by GTM-1 Omni, its proprietary suite of specialized large language and action models that are trained to orchestrate sales and marketing workflows.

Landbase create an approach known as Reinforcement Learning with Human and Performance Feedback. And it utilizes human ingenuity combined with outcome-based performance data to continually improve decision-making and execution of tasks against the metrics that truly matter for go-to-market functions.

Some of the early customers have seen:

— A 7x higher conversion rate than traditional OpenAI models using Landbase’s outbound lead generation tool.

— A 70% reduction in average time spent per generated lead.

— Significantly shorter time spent developing marketing campaigns, from weeks to hours.

To show the power of GTM-1 Omni, Landbase will release a series of free tools for go-to-market leaders and agencies to discover data-driven insights about their business. And the first tool is the Landbase GTM Trust Score – which analyzes proprietary performance data to showcase a brand’s trustworthiness online and suggests ways to improve performance. Landbase will also launch a series of products to automate omni-channel go-to-market, including inbound and outbound strategies.

Landbase is founded by Daniel Saks, former founder & CEO of unicorn AppDirect, with Emily Zhang, founding head of product of unicorn OysterHR and early product leader at Carta. The founding team also includes founding machine learning PhDs from Everstring, (Sequoia-backed, acquired by Zoominfo) with experience at Stanford and NASA.

KEY QUOTES:

“We are deeply committed to becoming leaders in the agentic AI space and will do this by building a go-to-market experience that prioritizes efficiency and results. Revenue is the lifeblood of any business, and Landbase is here to unlock the true revenue potential for B2B organizations.”

-Daniel Saks, co-founder and CEO of Landbase

“Today’s market is flooded with SaaS tools, leading to fragmented and inefficient sales and marketing processes. Landbase’s innovative use of machine learning and human intelligence breaks down these silos, setting a new standard for unified go-to-market teams. We’re excited to support Landbase and its exceptional team in revolutionizing the SaaS landscape for an AI-driven world.”

-Kevin Hartz, General Partner at A

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