Trending...
- For Book Publishers Day (1/16): Check out some very exciting "Next Big Things" in the Book Business! - 126
- Enhancing Campus Safety for Women: The Blue Luna's New Initiative - 115
- JackRabbit Skips CES 2025, And Honestly, We're Fine With That - 114
Provarity is driving the transformation of presales by streamlining workflows, delivering real-time insights, and bridging the gap between presales and postsales to help teams close deals faster and smarter.
SACRAMENTO, Calif. - Californer -- Provarity, a sales enablement platform focused on presales optimization, has announced a $7 million seed funding round. The investment was led by Cheyenne Ventures, with participation from Crosslink Capital, Illuminate Ventures, and Rembrandt Venture Partners. This latest funding brings Provarity's total raised to $12 million, including $5 million from earlier rounds.
Over the past five years, Provarity has unlocked a goldmine of presales data, zeroing in on the proof-of-concept (POC) stage to uncover what drives a deal's success. Armed with this knowledge, Provarity has leveraged AI to expand its platform's capabilities far beyond POC tracking.
The platform is revolutionizing the sales landscape by finally bridging pre-to-post sales, giving presales leadership a seat at the table while delivering groundbreaking insights into sales engineering (SE) performance. Using Provarity, the prospect's data is efficiently passed on to the post-sale delivery team, ensuring a smooth start and a solid foundation for building new customer relationships. Provarity is setting the standard for efficiency using real-time insights, streamlined workflows, and enhanced collaboration. Bottom line - Provarity is transforming how sales and post-sales delivery teams ensure customer success.
More on The Californer
The newly secured funding will fuel Provarity's go-to-market (GTM) initiatives, enabling the company to reach more teams tackling the challenges of complex sales cycles and customer engagement. Provarity's AI-powered features, like WinScore™ - which evaluates risks, deal health, and product gaps - are designed to accelerate sales cycles, boost ROI, and empower better decision-making.
"Provarity solved the most complex and expensive challenge in the enterprise presales process - the evaluation," said Rapid7. "The ability to enforce consistent workflows and provide visibility delivers immediate ROI."
"During my 20 year tenure at Xactly, I was always frustrated that there was no purpose-built software to provide a repeatable approach to properly manage the POC process," said Chris Cabrera, CEO of Provarity. "Our leadership had no visibility into the various technical evaluations in order to forecast if and when the technical evaluation would close. We did not have a system to track or assess the underlying causes of our successes and failures. Provarity was built to address these challenges and bring clarity to presales teams."
More on The Californer
Gregory Eaton, Managing Director at Cheyenne Ventures, highlighted the platform's impact: "Provarity addresses a critical gap in the market. By delivering real-time insights and fostering team collaboration, they empower organizations to elevate their presales processes. When we saw their product's tangible results, it was clear this was a company we wanted to support. With Chris Cabrera at the helm, we're confident in their ability to lead this transformation."
Over the past five years, Provarity has unlocked a goldmine of presales data, zeroing in on the proof-of-concept (POC) stage to uncover what drives a deal's success. Armed with this knowledge, Provarity has leveraged AI to expand its platform's capabilities far beyond POC tracking.
The platform is revolutionizing the sales landscape by finally bridging pre-to-post sales, giving presales leadership a seat at the table while delivering groundbreaking insights into sales engineering (SE) performance. Using Provarity, the prospect's data is efficiently passed on to the post-sale delivery team, ensuring a smooth start and a solid foundation for building new customer relationships. Provarity is setting the standard for efficiency using real-time insights, streamlined workflows, and enhanced collaboration. Bottom line - Provarity is transforming how sales and post-sales delivery teams ensure customer success.
More on The Californer
- Snell & Wilmer Welcomes Associate Selene Houlis to the Los Angeles Office
- Senior Travel Deals Offer Up To $2,800 Per-Person Discount
- Greg Rubin DDS Highlights the Impact of Los Angeles Wildfires on Oral Health and Raises Awarene
- LOSSAN Rail Corridor Agency Awarded $27 Million to Increase Amtrak® Pacific Surfliner® Train Service
- 20,000 Discos EP From Capehart Pops Orchestra Released on Leading Digital Streaming Platforms
The newly secured funding will fuel Provarity's go-to-market (GTM) initiatives, enabling the company to reach more teams tackling the challenges of complex sales cycles and customer engagement. Provarity's AI-powered features, like WinScore™ - which evaluates risks, deal health, and product gaps - are designed to accelerate sales cycles, boost ROI, and empower better decision-making.
"Provarity solved the most complex and expensive challenge in the enterprise presales process - the evaluation," said Rapid7. "The ability to enforce consistent workflows and provide visibility delivers immediate ROI."
"During my 20 year tenure at Xactly, I was always frustrated that there was no purpose-built software to provide a repeatable approach to properly manage the POC process," said Chris Cabrera, CEO of Provarity. "Our leadership had no visibility into the various technical evaluations in order to forecast if and when the technical evaluation would close. We did not have a system to track or assess the underlying causes of our successes and failures. Provarity was built to address these challenges and bring clarity to presales teams."
More on The Californer
- PRESS EVENT Homeowner Resource Event for Residents affected by the Los Angeles Fires + State Legislation
- Recording Artist Adelaide to Tour with the Gipsy Kings!
- Latest Updates to Pennsylvania Medical Malpractice and Birth Injury Law
- Best Plant Varieties for Windbreaks and Shelterbelts
- 40th Annual Kingdom Day Parade Postponed Due to Wildfire Recovery Efforts
Gregory Eaton, Managing Director at Cheyenne Ventures, highlighted the platform's impact: "Provarity addresses a critical gap in the market. By delivering real-time insights and fostering team collaboration, they empower organizations to elevate their presales processes. When we saw their product's tangible results, it was clear this was a company we wanted to support. With Chris Cabrera at the helm, we're confident in their ability to lead this transformation."
Source: Provarity
Filed Under: Software
0 Comments
Latest on The Californer
- Governor Newsom deploys an additional 1,000 California National Guard service members to Los Angeles fires
- PRADO by Meritage Homes in Temecula – Stunning Residence 1-4 Floorplans!
- Riverwalk Village at Town Center | New Homes in Menifee, CA
- California: Governor Newsom signs executive order to help Los Angeles rebuild faster and stronger
- California: El Gobernador Newsom da la bienvenida a bomberos de México para aumentar la capacidad de respuesta a incendios
- California: On frontlines of firefight, Governor Newsom meets with first responders, announces tax relief for L.A. County
- With new round of severe fire weather on the way, California continues historic deployment
- California: Governor Newsom welcomes firefighters from Mexico to boost firefighting capacity
- Impro's LA Noir Unscripted at North Coast Repertory Theatre
- California provides tax relief for those affected by Los Angeles wildfires
- "Ozempic" Chosen as 2024 ANS Name Of The Year
- Governor Newsom doubles California National Guard deployment to Los Angeles fires
- Comp-U-Floor ERP to Showcase All-in-One Flooring Software at TISE 2025
- "Cannabis Industry Dream Team" Launches GreenFlow Systems to Revolutionize Manufacturing Standards
- City of Long Beach Advises Residents of Scam Alerts for Relief Efforts Supporting Wildfire Victims
- California: Governor Newsom issues executive order supporting ongoing Los Angeles firefight
- City Launches Webpage, Activates Call Center to Provide Public Health and Safety Information and Resources for Long Beach Residents Amid LA County Fires
- Los Angeles wildfire survivors can apply for federal aid today, new website launched to help Californians
- Long Beach: City to Distribute N95 Masks to At-Risk Residents Amid Air Quality Concerns
- SmogCheck.net Revolutionizes Vehicle Emissions Testing with Convenient, Reliable, and Eco-Friendly Solutions