Denver-based Demoflow raises additional $2.4M in seed funding for its collaborative remote selling platform
Demoflow, a Denver, Colorado-based tech startup and a provider of the world’s first remote sales workspace, today announced it has an additional $2.4 million in its second seed funding round, bringing its total seed funding to $4 million. The most recent seed funding was led by RTP Seed and included participation from the Slack Fund, First Mile Ventures, Next Frontier Capital, and Heroic Ventures.
The funding comes on the heels of an initial $1.6 million of seed funding in November 2020, led by First Mile Ventures, with participation from the same group of investors. Demoflow will use the new capital infusion to continue product development; expand the team across sales, marketing, and support; and expand the company’s digital marketing presence.
Founded in 2020 by Larson Stair and Jack Collins, Demoflow completed the Techstars Boulder last spring. Demoflow streamlines prep, presentation, and documentation across a sales organization. The startup offers a customizable and scalable live selling platform that cuts down on prep time and closes more deals faster. Demoflow is by SugarCRM, Dealers United, Stream, Automox, Meal Ticket, BuyerBridge, TermScout, and Best Shot, among others.
Demoflow platform offers the ability to take notes, record and assign the next steps, take screenshots of the live platform, and perform an interactive meeting summary with ease that enables software professionals to demonstrate their own web-based software. Demoflow’s integrated CRM documentation and live URL management allow the user to conduct seamless product demos every single time.
Virtual sales demos have long been plagued by a host of challenges, including lengthy presentation prep time, awkward slide hand-offs, and clunky transitions between static presentations and live product demos. The Demoflow platform eliminates these challenges so that sales teams can provide polished, powerful demos and close deals faster.
“Empowering sales teams with tools to collaborate and work more efficiently in a remote environment has never been more imperative,” said Larson Stair, Co-Founder and CEO of Demoflow. “This new infusion of seed capital validates the market need for delivering these tools and allows us to continue to expand our platform’s functionality to give sales teams the tools they need to meet and exceed sales goals.”