DealDox, a Bengaluru-based AI-powered CPQ startup has secured $43K in a funding round led by a private Saudi Arabian NRI-based investor at a post-money valuation of $45K.
The seed funding will be used to expand its team, tackle industry-specific challenges, and increase its market presence.
Mohammed Khasim, Founder of DealDox.io, said, “Our enterprise software is more than just a quoting and estimation tool; it transforms the entire deal lifecycle. By shaping deals, streamlining approval processes, and enabling dynamic content generation. We provide a powerful, end-to-end solution that enhances efficiency, speeds up deal closures, and drives business growth.”
The angel investor added, “DealDox, a cutting-edge AI-powered SaaS startup, is poised to make a significant impact on the global market. This innovative company specializes in cloud-based CPQ software, offering a compelling investment opportunity.”
Founded in by Mohammed Khasim and Sandhya S Hegde, DealDox is harnessing AI to revolutionize proposal and quotation generation. Unlike traditional CPQ platforms like Salesforce, Oracle, SAP, Zoho, Conga, Odoo, and ConnectWise Sell, which cater predominantly to product-focused businesses. DealDox is built for B2B organizations with complex product and service offerings. By eliminating manual spreadsheets and Word documents, the software boosts efficiency and accuracy maximizing ROI.
DealDox provides a unified, automated solution that integrates seamlessly with other systems, eliminating manual processes and potential mistakes that can slow down sales cycles and hinder business growth. By unifying all processes into one connected system, the platform enables companies to streamline operations, enhance accuracy, and close deals faster. In addition to the existing web-based platform, the company offers a user-friendly mobile app that allows sales professionals to quickly generate quotations and proposals on the go, ensuring no deal is missed.
With the global CPQ market projected to grow to $7.96 billion by 2031, driven by the demand for efficient sales automation, DealDox is uniquely positioned to capture a share of this rapidly expanding space.
DealDox has made significant strides in the manufacturing industry, partnering with leading companies such as Geberit Group – a European leader in the field of sanitary products, Universal Precision Screws – a leading fastener manufacturer, R&D Them – Chemical Equipment Manufacturers, and Daspass Sales Corporation – a pioneer in HVAC manufacturing. As the company continues to expand its reach, it is actively expanding into sectors like IT, automotive, construction, engineering, interior design, and healthcare.
