MindTickle raises $100 mn led by Softbank

Sales readiness platform MindTickle has raised $100 million in a combination of equity and debt financing led by Softbank Vision Fund 2.
MindTickle team
The existing investors, Norwest Venture Partners, Canaan, NewView Capital and Qualcomm Ventures, also participated in the round.

MindTickle provides data-driven solutions for sales readiness and enablement that fuels revenue growth and brand value for companies.

MindTickle, which has offices in Pune, San Francisco and London, enables company leaders and sellers to assess, diagnose and develop knowledge, skills, and behaviours required to effectively engage customers and drive growth.

MindTickle will use the fund to accelerate the platform’s go-to-market activities and expansion of global operations while advancing investments in product innovation to close the loop on customer-facing readiness and in-field execution.

Krishna Depura, co-founder and CEO of MindTickle, said: “We have witnessed strong demand and usage growth from enterprise sales teams over the last few quarters. We are seeing a strong flow of interest from other enterprise teams, who are intrigued by the success of their sales-peers with MindTickle, and are choosing to adopt this new technology for their respective functions.”

Organisations use MindTickle to drive programmes such as onboarding, ongoing learning, role-playing, upskilling and coaching to ensure that all customer-facing employees have the right capabilities and behaviours needed to drive revenue growth.

“We have been impressed by MindTickle’s vision of closing the capability loop and bringing deep insights and actionable intelligence to revenue and business leaders,” said Munish Varma, managing partner at SoftBank Investment Advisers.