DeepSales Raises $2 Million USD in Pre-A Investment Round

South Korea, May 13, 2024 - DeepSales has secured $2 million in a Pre-A funding round, with major investments from Yes24, Woori Technology Investment, and JL Partners. This round brings the company's total funding to $3.5 million, marking a crucial milestone in its rapid growth trajectory. Achieving this level of success within just two years, especially in a challenging venture capital landscape, highlights DeepSales' potential as an emerging leader in AI technology.

Yoojeong Kim, CEO of JL Partners, highlighted DeepSales' innovative use of deep learning for real-time data analysis as a primary factor behind their investment, also noting its scalability in the global market as a critical consideration.

Founded in November 2021, DeepSales leverages advanced AI to pinpoint high-potential prospects, delivering actionable insights to sales teams. By streamlining global sales data and facilitating B2B transactions, DeepSales empowers sales representatives close deals more quickly and efficiently.

Notably, DeepSales has participated in government-supported initiatives like the Cloud Voucher Program and Data Voucher Program, while also forging strategic partnerships in areas such as urea procurement and New York Fashion Week. The company has maintained profitability, with first-quarter revenue in 2024 doubling year-over-year and a service retention rate exceeding 70%. With a global client base of over 450 companies and 15% of its revenue derived from international markets, DeepSales is demonstrating strong growth and expanding its market presence worldwide.

Jeremy Kim, CEO of DeepSales, plans to use this new investment to position the company as a globally recognized leader with unique technological advantages. He reaffirmed DeepSales' commitment to delivering top-tier prospecting solutions for sales professionals, aiming to enhance their competitive edge on the international stage.