Andreessen Leads $50 Million Funding in AI Startup 11x
Nov 12, 2024 - news.bensbites.com
AI-powered sales startup, 11x, has secured $50 million in a funding round led by Andreessen Horowitz, with participation from Hubspot Ventures. The new investment values the company at $320 million. This follows a previous funding round in September, led by Benchmark, which raised $24 million.
With the latest funding, 11x's total investment now stands at $76 million. The company plans to make an official announcement about the recent funding round on Monday.
Key takeaways:
AI-powered sales startup 11x has raised $50 million in a new funding round led by Andreessen Horowitz.
The deal, which also included Hubspot Ventures, values the startup at $320 million.
This follows another financing round led by Benchmark in September, which brought in $24 million for 11x.
The company's total funding now stands at $76 million.
