SaaS co Valooto raises $1.5m

Valooto's platform converts sales proposals into live, online, interactive proposals.

SaaS collaborative sales engagement platform developer Valooto Ltd. has closed a $1.5 million seed round from Jerusalem Venture Partners (JVP) Media Labs.

Founded in October 2013 by CEO Eyal Elbahary and CTO Alon Lubin, Valooto's innovative collaborative platform converts sales proposals into live, online, interactive proposals that can be shared, collaborated on, and approved by customers, all in real-time. The result of this unique collaborative process is improved sales velocity, increased sales forecast accuracy and an enhanced customer experience throughout the sales cycle.

Elbahary said, "The ability to track and measure customer interest in sales proposals revolutionizes the way sales teams and channel partners conduct business. By emphasizing collaboration between sales teams and potential clients, Valooto helps organizations become more responsive to the needs of their customers and provides real-time insights that help them win more business. Real-time, interactive sales collaboration is the next big evolution in sales."

Valooto comes as a pre-packaged solution that can be implemented in just 48 hours with no coding or IT support. The platform resets the bar for Configure, Price, Quote (CPQ) solutions with its unique Zero-Project setup, ease of operation and cost-effective monthly subscription price point, making CPQ affordable to hundreds of thousands of enterprises of all sizes. The platform operates natively within or any cloud-based CRM. JVP Partner & CTO Haim Kopans said, "Valooto's new and innovative approach to the sales process addresses a large void in the sales optimization market, with the ability to make a major impact on the way enterprises sell and service their customers."

Published by Globes [online], Israel business news - - on October 29, 2014

© Copyright of Globes Publisher Itonut (1983) Ltd. 2014

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