Cacheflow Raises $10 Million in Cash

<p><strong>LOS ALTOS<&sol;strong> &&num;8212&semi; Cacheflow&comma; a zero-code SaaS sales platform&comma; has raised a new &dollar;10 million investment round led by GV &lpar;formerly Google Ventures&rpar;&period; Existing investors GGV and Pelion Ventures also participated&period;<&sol;p>&NewLine;<p>Cacheflow has now raised &dollar;16 million to date&period; The new funding will accelerate Cacheflow’s sales and marketing efforts&comma; enabling the company to reach sellers in need of its SaaS deal-closing platform&period;<&sol;p>&NewLine;<p>The Cacheflow solution targets businesses in every stage of growth&comma; from startup to enterprise&comma; as companies of all sizes increasingly rely on software&period; Slow&comma; cumbersome deals mean that money is left on the table when customers inevitably need to walk away after weeks or months of back-and-forth&period; CRM&comma; lead tracking&comma; and e-signature tools can only go so far as to alleviate the stumbling blocks in the sales process&period; Before Cacheflow’s launch&comma; there was no comprehensive end-to-end sales solution to manage and grow the revenue lifecycle of the customer&period;<&sol;p>&NewLine;<p>Cacheflow’s solution simplifies the SaaS sales flow&comma; integrating it into a single&comma; no-code platform&period; It lets sales teams generate dynamic quotes in seconds and streamlines the buying process with simple configuration&comma; interactive B2C-style checkout&comma; and integrated payments&period; The Cacheflow solution decreases closing times from weeks or months to mere hours&comma; and customers see<b> 3X faster closes <&sol;b>even during these difficult times&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Cacheflow is a CPQ&comma; closing&comma; <i>and billing<&sol;i> system for us&period; We close deals from across the world&comma; and with Cacheflow&comma; we can speed up closing and handle payments easily in a single platform&comma;” said Sprinto co-founder and Cacheflow customer Raghuveer Kancherla&period;<&sol;p>&NewLine;<p>Besides tracking and sending proposals to new leads&comma; Cacheflow also helps customers grow their revenue through upsells&comma; expansions and cross-sells on existing contracts and MSAs&period;<&sol;p>&NewLine;<p>Cacheflow was founded in 2021&period; Cacheflow’s newest board member&comma; Glenn Solomon&comma; an early investor in Cacheflow&comma; led their &dollar;6 million fundraising round in 2021&period; Solomon is recognized as one of the top 100 VC investors by Forbes&comma; investing in several groundbreaking category creators such as Airbnb and Slack&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Cacheflow’s approach simplifies the end-to-end selling process for enterprise software companies&comma; presenting a meaningful opportunity to improve the SaaS customer experience&comma;” said GV Partner and Cacheflow Board Observer Crystal Huang&period; &OpenCurlyDoubleQuote;The Cacheflow team has deep expertise at the intersection of procurement&comma; enterprise software&comma; and fintech&period; We’ve been impressed with the speed of execution and existing product traction and believe the team is well-positioned for the next phase of growth&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Our customers are seeing significant sales velocity and operational benefits from using Cacheflow&comma;” said Cacheflow CEO and Co-Founder Sarika Garg&period; &OpenCurlyDoubleQuote;These benefits are key in the current macro environment&period; We are excited to partner with GV&comma; GGV&comma; and our other investors to bring these benefits to ever more startups&period;”<&sol;p>&NewLine;

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