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Rox raises $100 million Series B at $1.3 billion valuation to challenge enterprise software giants

AI sales agent developer Rox has raised $100 million in Series B funding at a $1.3 billion valuation in a round co-led by General Catalyst and March Capital.

Enterprise software startup Rox has secured $100 million in a Series B funding round that values the company at $1.3 billion, according to reports by Fortune and Tech Funding News. The round was co-led by General Catalyst and March Capital, with existing backers Sequoia and Factory increasing their stakes. New investors joining the round include Databricks Ventures and Prosperity7 Ventures.[2][3][4]

Rox builds artificial intelligence agents designed to automate customer research and sales outreach. Reports on the round frame the company's funding surge as an effort to challenge established customer relationship management leaders like Salesforce amid an ongoing shift toward AI-driven sales automation.[1][2][4]

Key facts

  • Rox raised $100 million in Series B funding at a valuation of $1.3 billion.
  • The Series B round was co-led by General Catalyst and March Capital.
  • Rox develops AI agents intended to automate customer research and sales outreach.
  • Existing investors Sequoia and Factory expanded their investments in the round.
  • New investors in the round include Databricks Ventures and Prosperity7 Ventures.
  • Media reports position Rox's expansion as a challenge to established enterprise software giants such as Salesforce.

Sources · 4 sources

  1. CB

    Crypto BriefingArticle ·

    Rox raises $100M at $1.3B valuation to take on Salesforce Rox's funding surge signals a shift in enterprise software dynamics, challenging established giants and accelerating AI-driven sales innovation. The post Rox raises $100M at $1.3B valuation to take on Salesforce appeared first on Crypto Briefing .

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  2. TE

    Techmeme@TechmemePost on X ·

    Rox, which develops AI agents to automate customer research and outreach, raised a $100M Series B co-led by General Catalyst and March at a $1.3B valuation (@morgan_chittum / Fortune) (Visit Techmeme dot com for the link and full context!)

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  3. TF

    Tech Funding News@TFNBreakingNewsPost on X ·

    🇺🇸 Rox has raised $100 million in Series B funding at a $1.3 billion valuation. https://t.co/ns53H28Cn0 @GeneralCatalyst and March Capital co-led the round, with existing investors @sequoia and Factory increasing their investments. New backers include Databricks Ventures and Prosperity7 Ventures. #ai #autonomous #funding #vcfunding #investment #innovation #sales #aiagents #technology

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  4. TE

    TechmemeArticle ·

    Rox, which develops AI agents to automate customer research and outreach, raised a $100M Series B co-led by General Catalyst and March at a $1.3B valuation (Morgan Chittum/Fortune) Morgan Chittum / Fortune : Rox, which develops AI agents to automate customer research and outreach, raised a $100M Series B co-led by General Catalyst and March at a $1.3B valuation — Morgan Chittum here. For decades, enterprise software giants like Salesforce have powered the workflows that keep the world's biggest businesses running.

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