Spiro Technologies, a Boston-based provider of a sales-oriented, AI-powered customer relationship management platform, announced on Tuesday the completion of its $1.5 million second seed round, bringing the company’s total funding to more than $5 million.
New investors in this round include Marblehead, Mass.-based NXT Ventures and Zelkova Ventures, an early-stage VC firm based in the greater New York City area that also backed Confirm before the local cybersecurity startup was acquired by Facebook.
Participating investors are Hyperplane Venture Capital, Geekdom Fund, MassVentures and New Harbour Partners.
"We've spent over $3 million building our AI-powered CRM thus far, and we're planning on using the money we raised to expand our sales and marketing efforts," Adam Honig, co-founder and CEO of Spiro Technologies, wrote in an email to BostInno. "This means hiring additional sales team members, customer success managers and investing in marketing programs."
Currently, the company has 15 full-time employees in Boston and a nine-person engineering team in eastern Europe.
Honig, together with Andy Levi and Justin Kao, found the inspiration to launch Spiro Technologies in the movie "Her." The idea of using artificial intelligence to build not a personalized operating system (as it happens in Spike Jonze's movie), but a more efficient sales platform led the three co-founders to start Spiro in 2014. The AI-powered CRM launched commercially in February 2017.
"We are very much in customer acquisition mode," Honig added. "We have 130 customers today, and we're looking to double that in the next six months."
The company's first seed round dates back to late 2017, when Spiro raised $3 million in a round led by Geekdom Fund, with participation by MassVentures, Hyperplane Venture Capital and New Harbour Partners.
