Kaggle Founders' Startup Sumble Raises $38.5M for AI Sales Intelligence Platform
Summary
Kaggle founders' new startup Sumble emerges from stealth with $38.5 million in funding, using AI and knowledge graphs to revolutionize sales intelligence by analyzing web data, social media, and regulatory filings for 2.6 million companies, already attracting 19 enterprise customers including Snowflake and Figma with 550% revenue growth.
Key Points
- Sumble emerges from stealth with $38.5 million in funding to provide AI-powered sales intelligence, using knowledge graphs and large language models to gather contextual information about companies from web sources, social media, and regulatory filings
- The startup founded by Kaggle creators has signed 19 enterprise customers including Snowflake, Figma, and Wiz since launching in April 2024, with revenue increasing 550% year-over-year and viral adoption within companies
- Sumble faces intense competition from established players like ZoomInfo, HubSpot, and Apollo.io in the crowded sales intelligence market, but claims its knowledge graph covering 2.6 million companies provides defensibility