Evergrowth, a Vilnius-based AI-powered B2B sales platform, has announced a successful $2.2M (approximately €2M) funding round, marking one of the largest pre-seed investments in the Baltic region. The round was led by Impellent Ventures and Practica Capital, highlighting the impact of Baltic SaaS startups.
Evergrowth, co-founded by JB Daguené, Mantas Urnieza, Tadas Cekavicius, Aivaras Rastenis, and Algimantas Padegimas, aims to achieve $500K ARR within three months post-MVP launch. The startup leverages customer-centric sales frameworks that adapt in real-time, drawing from the founders’ experience in supporting high-growth revenue teams during their five-year consulting business, which generated millions in revenue.
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Addressing Sales Challenges with AI
JB Daguené, reflecting on the challenges faced by sales teams, noted the shift from a “grow at all costs” mentality to a more sustainable approach focused on understanding customers’ needs through AI-enabled account-based frameworks. Evergrowth’s solution harnesses AI to enable sales teams with machine-powered research based on Ideal Customer Profiles (ICPs) and personas definition.
Utilizing Capital for Expansion and Development
The funding will support Evergrowth’s transition from a consultancy to developing a scalable SaaS solution, with plans to expand its global presence by establishing its first US office in New York City. The company is also growing its platform sales and engineering teams to meet increasing demand.
With this significant pre-seed investment, Evergrowth is poised to redefine B2B sales with its AI-powered platform, aiming for rapid growth and a strong market presence in the US and beyond.
