Budy.bot, an AI-driven startup raised $4.2 million in a pre-seed funding round led by RTP Global. The round also saw participation from BeeNext Pte Ltd, The Neon Fund, BITS SPARK Angels and a distinguished group of over 15 Angel investors.
Notable Angels include Raju Reddy; Abhinav Asthana, CEO & Co-founder of Postman; John Hayes, Co-founder of Pure Storage; Bruno Kurtic, Co-founder of Sumo Logic and past executives of GreyOrange, among others.
The funds raised will be utilized to accelerate the training and development of Budy’s core AI skills.
“Our mission with Budy is clear—we want to solve the growing complexity of sales and marketing software deployment. Using AI we can finally start using the software packages we already have better rather than installing new ones on top of them. With Budy, we’re confident we can help companies get much more out of their sales & marketing budgets in a way that no other platform has. I am thrilled by the overwhelming support we’ve received from investors so early in our journey and grateful for their enthusiasm and trust,” said Samay Kohli, Founder & CEO of Budy.
Nishit Garg, Partner at RTP Global, said, “This investment aligns perfectly with RTP Global’s focus on backing visionary founders in transformative sectors like AI. We believe founders with bold ideas can redefine industries, and supporting them early is crucial for driving innovation.”
Raju Reddy, Founder and former CEO of Sierra Atlantic and Chairman of BITSAA International said, “Having worked with Samay during his journey at GreyOrange, I’ve seen firsthand his ability to scale innovative technologies. I’m confident in his vision for Budy and the potential of AI to revolutionize enterprise software management. Budy solves a real business pain, and with Samay’s proven track record, it’s an exciting opportunity to shape a key market segment. I’m excited to join the board and support Budy on this journey.”
John Hayes, co-founder of PureStorage and founder & CEO of Ghost Autonomy, said, “I like Samay and he’s a great entrepreneur. In a world of 1000s of GTM tools, Budy will shine a light on what’s working and what needs to change.”
Bruno Kurtic, co-founder of SumoLogic and co-founder & CEO of Bedrock Security, “Software implementation services are finally getting a supercharger. Complex but repetitive human powered tasks can now be automated, accelerated, and optimized with the AI augmented technology. Budy can turn the services market into a software market and the new SaaS (Service as a Software) era is upon us!”
Founded by Samay Kohli, founder of GreyOrange, Budy.bot streamlines the deployment and management of sales and marketing software stacks for enterprises.
Samay has a remarkable history of building cutting-edge companies, having co-founded GreyOrange Inc., a leader in AI-driven software and robotics systems that are used for automating supply chain operations and warehouse fulfillment by Fortune 100 companies such as Walmart, Nike, H&M, GAP to name a few.
Budy is currently targeting growth-stage companies with $25–$200 million in annual revenue.
The company is currently working with select enterprise customers as part of its design partnership to solve certain high-impact use cases such as –
- re-setting Salesforce for the current stage of the company while maintaining the data
- increasing lead conversion rates by identifying & plugging leakages in the sales & marketing pipeline,
- increasing revenue & cash forecasting by introducing a bottom-up forecasting model.
