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CloseFactor

Palo Alto, US · Founded 2019 · 5 employees on LinkedIn · 8 known investors

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CloseFactor uses machine learning to score and prioritize sales accounts by surfacing buying signals, account overviews, and alerts so sales teams can focus on prospects most likely to buy. It targets B2B sales and account development teams looking to prioritize their territory and pipeline.

AI & Machine LearningSaaSSales Tech

Founders & leadership

CloseFactor was founded in 2019 by Erik Buchanan, Leena Joshi, and Ben Cheung.

EBErik Buchanan
Erik BuchananCo-founder and CTO2020–2024Previously, he worked on malware analysis, cloud data infrastructure, founded a recruiting technology company, and led AI teams at LinkedIn and Microsoft.
LJLeena Joshi
Leena JoshiCo-Founder & CEOLeena Joshi led go-to-market and marketing functions at Splunk during its scaling from $35M to $450M in revenue and at VMware during its growth to over $2.8 billion, with expertise in enterprise software positioning, sales enablement, and product launches. She is co-founder and CEO of CloseFactor, a machine learning platform for B2B sales prioritization.
BCBen Cheung
Ben CheungCo-Founder & CPO

Investors · 8

C3 Ventureslisted by C3 VenturesLos Angeles

How we know: C3 Ventures's portfolio page · Not right? Tell us

Gaingelslisted by GaingelsNew York · $200K – $500K

How we know: gaingels.com · Not right? Tell us

Mana Ventureslisted by Mana VenturesEstero
Neythri Futures Fundlisted by Neythri Futures FundLos Gatos

How we know: funding news · the VCSheet dataset · Not right? Tell us

GTMfundreportedScottsdale · $1M – $3M

How we know: funding news · the VCSheet dataset · Not right? Tell us

Sequoia CapitalreportedMenlo Park · $100K – $50M

How we know: funding news · Not right? Tell us

Vertex VenturesreportedPalo Alto · $500K – $10M

How we know: funding news · Not right? Tell us

Funding

SEC filings, press & company announcements

$15M disclosed across 1 of 2 rounds · 2022–2023

Source: company announcements and press reports — follow each round's link for the claim.

In the news

CloseFactor Raises $20 Million to Become the GTM Operating System for Revenue Teamsfinance.yahoo.com · Jan 2023CloseFactor raises $15.2M to automate repetitive sales processes | TechCrunchtechcrunch.com · Jan 2023CloseFactor Raises $15M in Series A Fundingfinsmes.com · Jan 2023

Frequently asked questions

What does CloseFactor do?
CloseFactor uses machine learning to score and prioritize sales accounts by surfacing buying signals, account overviews, and alerts so sales teams can focus on prospects most likely to buy. It targets B2B sales and account development teams looking to prioritize their territory and pipeline.
Who founded CloseFactor?
CloseFactor was founded by Erik Buchanan, Leena Joshi, Ben Cheung in 2019.
Who are CloseFactor's investors?
CloseFactor's investors include Aspenwood, C3 Ventures, Gaingels, Mana Ventures, Neythri Futures Fund, GTMfund, Sequoia Capital, Vertex Ventures.
How much funding has CloseFactor raised?
CloseFactor has disclosed $15M raised across 1 of its 2 known rounds.
Where is CloseFactor headquartered?
CloseFactor is headquartered in Palo Alto, US.