Pitchit, an AI-powered Lead Qualification as a Service (LQaaS) platform, closed an oversubscribed $2.5 million seed round and will use the funding to expand its AI capabilities, which would include more sophisticated text and voice recognition features and an enhanced integration ecosystem.
Pitchit’s LQaaS platform reportedly automates the first 24 hours of manual labor required to qualify inbound leads. According to the company, its platform can sync leads from more than 7,000 channels — including social media, CRM, email, SMS and more — to quickly quote pricing, book meetings, handle objections and capture personally identifiable information before handing qualified leads off to a human sales rep.
“Imagine direct messaging a cell phone service provider on Instagram, for example, and you instantly receive a response from a professional AI sales agent,” said Paul Kleen, Founder and CEO of Pitchit, in a statement. “The AI sales agent asks a couple of questions, then calls to help you make the purchase — all within minutes. Many brands would love to offer this kind of seamless sales experience, but it’s simply too costly to support at scale with employees 24/7/365.”