https://techcrunch.com/2021/10/01/leadiqs-rapid-revenue-growth-snags-venture-attention-capital/

This morning LeadIQ, a startup working in the sales software market, announced that it has closed a $30 million Series B led by Cathay Innovation. Other investors in the transaction include Fresco Capital, Strong Ventures, and Eight Road Ventures.

LeadIQ frames its product from the perspective of missed revenue targets at companies, which it claims impact nearly two-thirds of today’s deals. The startup’s service is designed to save sales staff time by taking on the brunt of data entry work from the sales prospecting process by automating lead capture. The LeadIQ product also includes analytics covering a customer’s prospecting efficiency, which can then be segmented by worker performance and more general breakdowns like industry and company size.