Israeli Intelligence Vets Raise $20M
Onfire, a vertical AI platform for IT revenue teams, has secured $20 million in funding, including a $14 million Series A co-led by Grove Ventures and TLV Partners.
Developers often discuss their preferred tools and services on forums like Hacker News, Reddit, and Stack Overflow. Onfire aims to capture this buying intent by monitoring public forums and using AI to identify the companies and decision makers involved.
The platform also incorporates data on budget cycles to help B2B sales teams time and contextualize their outreach.
Developers hate (bad) marketing, but they still need a way to find useful tools and services.
Onfire's goal is to provide software vendors with valuable insights to inform their sales strategies.
Author's summary: Onfire raises $20M to track developer buying signals.