Conveyor Raises $20 Million for AI Agents in B2B Sales

Conveyor has successfully raised $20 million in a Series B funding round. The investment will facilitate the expansion of their artificial intelligence agents, which are tailored to enhance the B2B sales process by automating crucial tasks such as security reviews and requests for proposals (RFPs). This funding will primarily be used to bolster their AI research and engineering teams, supporting wider implementation and innovation.

Key Takeaways

Conveyor's latest funding round of $20 million is intended to advance their AI-driven solutions, particularly focusing on automating the B2B sales processes. The primary applications involve automating security reviews and handling RFPs, which are critical components in the B2B sector. The funding will mainly aid in scaling their AI research and build larger teams to enhance their market presence.