Israeli sales demo platform Nut today announced the completion of a $35 million Series B funding round led by Felicis Ventures. The raise comes just four months after the company’s Series A funding round and brings the total amount raised by Walnut to $56 million.
Walnut’s no-code platform enables customers to create individually tailored product demos quickly and efficiently, integrating them into their sales and marketing processes, reducing time to close and generating insights.
Walnut was founded by CEO Yoav Vilner and CTO Danni Friedland in 2020. The company has 55 employees across its offices in Israel, the US, and the UK.
Vilner said, “For the first time, SaaS companies can put their prospects’ needs front and center, giving them a memorable experience that converts sales.
The round also saw the participation of strategic angel investors such as Sarah Franklin (President and Chief Marketing Officer, Salesforce), Frederic Kerrest (Executive Vice President, COO and Co-Founder of Okta), Ariel Cohen (CEO and Co-Founder of TripActions), Eynat Guez (CEO & Co-Founder, Papaya Global), Michael Shaulov (CEO & Co-Founder, Fireblocks), Kim Walsh (VTP GTM, HubSpot), Ryan Carlson (CMO, Okta), Stacey Epstein (CMO, Freshworks), Stephanie Robotham (Executive marketing ex-Salesforce and Gainsight), James Ireson (CRO, Funnel) and more. Existing investors NFX, Eight Roads Ventures and A Capital also participated in the round.
Walnut is already helping nearly 100 SaaS customers deliver enhanced sales experiences for their prospects. The company’s fast-growing client list includes Adobe, Dell, Medallia, NetApp, Treasure Data, Funnel, People AI and ContractBook.
Walnut’s ARR has grown 700% in ARR since its previous funding round four months ago. Walnut will use the new funds to meet growing customer demand, expand its staff in the US, Europe and Israel, and continue to develop its technology and platform.
Posted by Globes, Israel Business News – es.globes.co.il – on January 18, 2022.
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