On Tuesday, Bellevue-based company Qorus announced that it received $5 million in a financing round led by WestRiver Group.
Qorus has built a software platform to help sales teams build proposals and seal more deals. It helps sales professionals keep all their data and clients in one place, create personalized content for customers and track current prospects. The platform also integrates with familiar software like Microsoft Office, Salesforce and more.
The company believes that sales enablement technologies will continue to grow, as more companies look to use tech advancements like AI and machine learning to speed up their business. So it believes now is the right time to expand.
The company plans to use this funding to accelerate its sales and marketing efforts, as well as further develop its product roadmap.
“Qorus sits at the heart of your revenue generation hub, helping you work anywhere to quickly and easily build compelling and targeted proposals, track their performance and provide cross group collaboration among your sales, marketing and business development teams,” CEO Ray Meiring said in a statement. “Having the financial support and expertise of WestRiver Group will help us accelerate the execution of our vision, with the added benefit of experience, perspective and industry relationships.”
This new influx of funding comes at a time when the company is building momentum. As of late, Qorus has been gaining new clients and forming important partnerships with the likes of Microsoft and Salesforce. Qorus has also recently appointed Jennifer Tomlinson as its new EVP of marketing, and assigned Anthony Bontrager and Laurel Buckner to its board of directors.