We got an exclusive look at the pitch deck customer training software startup Strigo used to raise $8 million remotely

Strigo

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  • Israeli customer training startup Strigo has raised an $8 million Series A round from Velvet Sea Ventures and existing investor Greycroft with participation from Hanaco.
  • Strigo says it has grown during the pandemic, as customer trainers are unable to make in-person trips.
  • “There is a lot of need in the market for our product,” Strigo CEO Nevo Peretz told Business Insider in an interview. “We are excited to do more and give more support to customers with this funding.”
  • Visit Business Insider’s homepage for more stories.

Israeli customer training startup Strigo has raised an $8 million Series A round from Velvet Sea Ventures and existing investor Greycroft and VC fund Hanaco.

The startup, founded in 2017, provides customer training tools to software companies through a cloud-based solution. The Tel Aviv-based startup says it has grown during 2020 as software companies’ trainers cannot travel to customers. Strigo claims to have tripled its customer base since COVID-19 hit earlier this year.

“There is a lot of need in the market for our product,” Strigo CEO Nevo Peretz told Business Insider in an interview. “We are excited to do more and give more support to customers with this funding.”

Strigo said its funding round, which was closed remotely, was oversubscribed on the back of the company’s growth in recent months.

“Our plan is to expand our go-to-market and sales team with this raise,” Peretz added. “We are building out our team in New York and we’re excited to have an office in the US given a lot of our business comes from there.”

The round takes Strigo’s total funding to $10.5 million.

Check out Strigo’s pitch deck below:

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