#57- Why we decided to invest in Clodura.ai
We look for founding teams who have lived and breathed the very problems they are trying to solve. When Chetan shared his vision to change the way the world does outbound calling, we knew we had to invest in Callify.ai. When Janani shared her vision to set up contamination-free and infection-free zones across hospitals, labs, and homes, we knew we had to invest in Biomoneta.
Clodura is a B2B sales data platform for high-precision prospecting, intelligence and outreach. The company's SaaS platform helps inside sales executives identify relevant leads, manage the reach-out process through email campaigns/ contact numbers and also provides related information to help close deals. Essentially Clodura is a ‘top of the funnel’ intelligent sales tool which helps drive customers into a company’s CRM.
The typical B2B inside sales process involves: Finding potential customers through public/ paid databases> identifying the correct decision makers through LinkedIn/ other databases > searching for email ids/ mobile numbers and then finally reaching out to prospective clients. The salesperson can only reach out to 4-5 companies in a day.
Here is how Clodura saves the day:
Competition
We believe Clodura is well placed to exploit the gaps left open by incumbents.
Founding team
What we love about Clodura is actually the people behind the technology. Kapil is the founder and CEO and has worked with Calsoft, Xerces, and Uniken in sales. Abhay wrote the first line of code for the company way back in 2015 and officially joined the company as CTO in 2019, and is now elevated to co-founder.
Early backers
Ajay Dube is an investor and consultant to the company and brings with himself 4 decades of IT experience. Ajay was COO of Persistent Systems, and headed the Pune office of Infosys. Monish Darda, the cofounder and CTO of Icertis is also an investor and mentor to the founders.
Today Clodura.ai announces the closing of its seed round led by Malpani Ventures along with participation from other angels. We are super excited to work with Kapil, Abhay and the entire team to build this fantastic venture.
Please watch out this space for more details as the good folks at Clodura will be looking for passionate and energetic folks to join their team.