Investment into Kluster

RNS Number : 2364X

SuperSeed Capital Limited

25 April 2023

 

SUPERSEED CAPITAL LIMITED

("SuperSeed" or the "Company")

Investment into Kluster

SuperSeed Capital Limited (AQSE:WWW), a company established as a venture capital fund of funds for investments in early-stage artificial intelligence and software companies, is pleased to announce it has made a new investment in Kluster, the revenue strategy AI platform that helps companies beat their revenue targets.

Kluster's platform provides a leading indicator for sales performance by using AI to analyse data and trends, giving revenue leaders the play book to plan, engineer, and execute their revenue strategy. Kluster also crafts the sales plan and monitors performance, revises the forecast, and course-corrects the plan in real-time.

The company is headquartered in London, UK and has a team of 30 servicing customers across the US, Europe, Israel and Australia.

With Kluster, sales leaders have a unified view of the performance and status of the business, enabling leadership to course correct as early as possible, always calling the right shots sooner. The platform is relied upon by growing companies like CurrencyCloud, ExtraHop, OysterHR, SEON, TrueLayer, and TigerConnect.

The $5M Series A round was led by Foresight Group, with participation from SuperSeed and strategic angels, including Cognism CEO James Isilay. The funding will be used to accelerate product development and revenue expansion.

The company aims to move deeper into the American market and secure executive hires across 2023 and 2024. The Series A follows an earlier investment of $1M in April 2020 led by SuperSeed and Newable Ventures.

Mads Jensen, Managing Partner at SuperSeed , said, "We are excited to expand our partnership with Kluster and support Rory and Dan in building a great SaaS company".

For more information, visit https://www.kluster.com/.

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For more information, please contact:

SuperSeed Capital Limited	[phone]
Mads Jensen, Investment Manager
VSA Capital - AQSE Corporate Adviser and Broker	[phone]
Corporate Finance: Andrew Raca Corporate Broking: Peter Mattsson, David Scriven

 

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