Correlated Launches to Bring Product Led Revenue to Market with $8.3M in Funding
BROOKLYN, N.Y., Aug. 4, 2021 /PRNewswire-PRWeb/ -- Correlated launched publicly today to unveil the industry's first Product Led Revenue Platform , unlocking new expansion opportunities for software companies based on how people are using their product, and transforming the landscape for software sales.
- BROOKLYN, N.Y., Aug. 4, 2021 /PRNewswire-PRWeb/ -- Correlated launched publicly today to unveil the industry's first Product Led Revenue Platform , unlocking new expansion opportunities for software companies based on how people are using their product, and transforming the landscape for software sales.
- The company also announced today the closing of a $8.3 million Seed funding round led by Harrison Metal and NextView Ventures to support the company's rapid growth.
- The sales process for software used to be predominantly driven by salespeople, and most software was inaccessible without talking to a salesperson first.
- "This has led to sales teams using our product to drive a higher conversion rate from self-service free accounts to sales-led paid accounts.