cover of episode 11x.ai’s $50M Bet on the Future of AI Sales Reps

11x.ai’s $50M Bet on the Future of AI Sales Reps

2024/10/23
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The Quantum Drift

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In this episode, Robert and Haley unpack the latest buzz around 11x.ai’s $50 million Series B funding, led by Andreessen Horowitz. We dive into what’s driving this AI startup’s meteoric rise to a $350 million valuation, nearly quadrupling its worth in just a few months. Hasan Sukkar, the founder and CEO, seems to be onto something big, with the company approaching $10 million in annual recurring revenue and introducing next-gen AI sales development bots. But is 11x.ai really ahead of the competition?

We break down what these “automated digital workers” are all about, introducing Alice, the AI Sales Development Rep, and Jordan, the AI phone sales rep who can chat in over 30 languages. It’s a big leap for sales, but there’s a lot at stake with rival startups like Regie.ai and AiSDR vying for the same market.

With a focus on AI-driven sales outreach and lead generation, we explore how these bots are transforming the sales game and what’s on the horizon for 11x.ai as it eyes expansion into HR and talent acquisition. We also discuss why some investors are cautious about this AI SDR market and how Andreessen Horowitz’s big bet might pay off.

Join us as we tackle the exciting, risky, and rapidly evolving world of AI-powered sales development.