INSUBCONTINENT EXCLUSIVE:
ZenProspect, a startup that emerged from the Y Combinator Winter 2016 class to help companies use data and intelligence to increase sales,
announced today that it was rebranding as Apollo
It also announced a $7 million Series A investment.The round was led by Nexus Venture Partners
Social Capital and Y Combinator also participated
Apparently Y Combinator liked what they saw enough to continue to invest in the company.Apollo helps customers connect their sales people
with the right person at the right time
automate prospect routing, a lead scoring tool and analytics to measure results at a granular level, among others.The company also uses data
Apollo is making this vast database of company and contact data available for customers to use themselves for free starting today.Apollo CEO
and founder Tim Zheng says the company was born out of a need at a previous venture
150,000 users in just five weeks
of interest, and decided to turn that sales tool into a company.
[gallery ids="1663275,1663276,1663277,1663278"]
The company launched as
ZenProspect in 2015 and went through Y Combinator in 2016
They were the third fastest growing company in that YC batch, generating $1 million in annual recurring revenue (ARR) during their
Zheng says his company has figured out how to solve that problem and provide that structure to deliver the best prospects to sales people to
close deals.The company works closely with Salesforce as 80 percent of its customers are using data inside of Salesforce in conjunction with
It just integrates with it.They target both early stage startups looking to increase sales and established enterprise customers with huge
Today, Apollo has 500 customers and 50 employees
With the current influx of money, they expect to get to 120 in the next 12 -18 months.
