Siro

Siro

AI platform for enhancing field sales performance

About Siro

Simplify's Rating
Why Siro is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Enterprise Software

AI & Machine Learning

Company Size

11-50

Company Stage

Series A

Total Funding

$18.5M

Headquarters

Harrington Park, New Jersey

Founded

2020

Overview

Siro.ai enhances the performance of field sales representatives by using artificial intelligence. The platform records and analyzes millions of sales conversations to identify successful strategies and areas for improvement. It provides real-time coaching to sales reps, helping them refine their skills and tactics, which boosts their effectiveness. Additionally, it offers valuable insights to sales leadership about what works best in the field. Siro.ai differentiates itself from competitors by focusing on learning from top performers and providing actionable insights through its AI-powered platform. The goal is to improve sales performance for a wide range of clients, from small businesses to large corporations, by optimizing their sales operations and increasing close rates.

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Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • Siro raised $14M in Series A funding, indicating strong investor confidence.
  • AI-powered predictive analytics provide actionable insights, enhancing sales team performance.
  • Integration with AR for sales training offers innovative, immersive learning experiences.

What critics are saying

  • Increased competition from companies like Gong and Chorus may impact Siro's market share.
  • Privacy concerns over recording conversations could lead to regulatory challenges.
  • Economic downturns might reduce spending on sales technology, affecting Siro's growth.

What makes Siro unique

  • Siro offers AI-driven real-time coaching for field sales, a unique market approach.
  • The platform records and analyzes sales conversations, providing strategic insights for improvement.
  • Siro's AI Coach empowers sales reps by learning from top performers' handling of objections.

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Funding

Total Funding

$18.5M

Meets

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Meet Average

Industry standards

$15M
$8.2M
Discord
$14M
Siro
$15M
Canva
$100M
GitHub

Benefits

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

↓ -2%

1 year growth

↑ 0%

2 year growth

↑ 5%
Siro AI
Jan 8th, 2025
Siro's 2024 Year in Review

In July, Siro Technologies Inc. introduced Ask Siro-a groundbreaking AI-powered tool that analyzes conversations and provides actionable sales coaching.

AlleyWatch
Oct 27th, 2023
The AlleyWatch Startup Daily Funding Report: 10/27/2023

Siro, an AI-powered coaching platform for field service professionals, has raised $14M in Series A funding from investors that include Index Ventures, CRV, Fika Ventures, Des Traynor, and Cailen D'Sa.

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