Sagetap Raises $6.8M in Funding to Expand AI Marketplace and Enhance Product Recommendations
Sagetap Raises $6.8M in Funding
Sagetap's Funding and Growth
Key Highlights:
- Funding: Raised $6.8 million in funding from investors including NFX, Uncorrelated Ventures, Emergent Ventures, and 15 active customers.
- AI-Driven Marketplace: Sagetap operates an AI-driven marketplace that connects SaaS buyers and sellers, helping tech executives find the optimal software vendors for their needs.
- Product Development: The funding will be used to expand the network of tech executives, enhance the product recommendation engine, and develop decision-support tools for buyers.
Sagetap's Target Market
- Target Market: Tech executives and organizations seeking B2B SaaS solutions in areas like AI infrastructure, cybersecurity, DevOps, cloud, and data infrastructure.
- Buyers Seeking Innovative Solutions: Tech executives from companies like Nvidia, JP Morgan Chase, Kaiser Permanente, and Airbnb use Sagetap to discover and adopt new SaaS tools.
- SaaS Vendors: Software vendors looking to connect with potential buyers and promote their solutions through targeted campaigns and meetings.
What Sagetap Needs to Buy
- Partnerships with SaaS Startups: Collaborating with emerging SaaS startups to expand the range of solutions available on the platform.
- Marketing and Sales Support: Services to help promote the platform to tech executives and attract more buyers and sellers.
- Technology Enhancement: Investing in AI and data analytics capabilities to improve the matching process and provide more accurate recommendations to buyers.