YC-Backed Startup Octolane Raises Seed Round to Challenge Salesforce with the First Self-Driving AI CRM That Automates Sales Actions and Manual CRM Updates [Yahoo! Finance]
HubSpot, Inc. (HUBS)
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Source: Yahoo! Finance
SAN FRANCISCO, April 14, 2025 (GLOBE NEWSWIRE) -- Octolane , which provides the first AI-driven CRM that automates sales actions and CRM updates, announced today an oversubscribed $2.6M seed round. Founded by two young immigrants, Octolane is challenging Salesforce and other legacy CRM providers with a new AI-driven platform that automates sales actions and CRM updates. Investors include angels Brian Shin (one of the earliest investors in both HubSpot and Drift), Kulveer Taggar Cindy Bi (CapitalX) and Dave Messina (Pioneer Fund). Y Combinator, Lan Xuezhao (Basis Set Ventures), and General Catalyst Apex also participated. Octolane will utilize the funds primarily for expanding its team and for infrastructure investments that will allow it to meet strong demand for its platform. Traditional CRMs have become glorified databases that force sales teams to spend hours manually entering data after every customer interaction. Most reps hate using them because they create work rather than r
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