SalesPredict

Company Overview

Snapshot

Founded in May 2012 by Yaron Zakai-Or and Kira Radinsky, SalesPredict operated with 11–50 employees. The company raised a total of $5.1 million across two funding rounds from six investors. In July 2016, SalesPredict was acquired by eBay to enhance its machine learning capabilities.

Business overview

SalesPredict developed predictive marketing and sales solutions designed to help companies increase revenue by identifying potential buyers and accelerating sales cycles. The company's core technology leveraged machine learning and natural language processing with predictive analytics, correlating behavioral, firmographic, and demographic data to understand buyer readiness and predict churn. SalesPredict served businesses across various industries, operating within the business software sector with a focus on sales, big data analytics, and machine learning applications.

Strategic signal

In July 2016, eBay acquired SalesPredict to bolster its machine learning initiatives. This acquisition signaled a strategic move by eBay to integrate advanced predictive analytics into its operations, demonstrating the increasing value placed on AI-driven insights for enhancing e-commerce platforms and customer engagement.

Company Intelligence Q&A

When was SalesPredict founded and by whom?

SalesPredict was founded in May 2012 by co-founders Yaron Zakai-Or and Kira Radinsky.

What was a significant corporate event for SalesPredict?

In July 2016, SalesPredict was acquired by eBay, which aimed to integrate SalesPredict's predictive analytics technology to enhance its machine learning capabilities.

How much capital did SalesPredict raise?

SalesPredict raised a total of $5.1 million across two funding rounds.

Which investors participated in SalesPredict's funding rounds?

SalesPredict received funding from investors including KGC Capital and Yandex