Announcements

Affinity raises $80m

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September 9, 2021

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Sprints portfolio company Affinity raises $80m

We are happy to announce our follow-on investment in our portfolio company Affinity, which has raised $80m in Series C funding led by new investor Menlo Ventures.

Re-thinking CRM for relationship-driven industries

Founded by Ray Zhou and Shubham Goel in Stanford in 2014, Affinity offers a relationship intelligence software that empowers dealmakers in relationship-driven industries to find, manage and close more deals.

With an unparalleled obsession with product and engineering, Affinity has created a system that automatically extracts data from daily interactions such as email and calendar meetings and analyses it with machine learning, delivering real-time insights into professional relationships.

To date, Affinity has analysed over 18 trillion emails and tracked 230 million calendar events. The demand for the product has allowed the company to reach over 1,700 customers in 70 countries across industries such as venture capital, private equity, investment banking, real estate and large enterprise.

Sprints is excited to continue backing Affinity as it expands into more markets and drives new product development.

Read the company’s press release here.

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