Demostack, the world's first demo experience platform built to help SaaS sales teams, has raised $34 million in its Series B financing round, the company annoucned Tuesday. The round was led by Tiger Global Management with participation from Bessemer Venture Partners, Amiti Ventures, GTMfund, Operator Collective, and StepStone.
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Demostack, founded in 2020 by Jonathan Friedman, Aaron Hakim, and Gilad Avidan, offers the ability to create tailored product demos for every live sales call in minutes.
"The recent investment further positions us to become the market leader of demo experience solutions for the industry and allows us to continue to invest in R&D, innovation, and global growth," said Jonathan Friedman, co-founder and CEO, Demostack. "It is now more important than ever before to deliver a great product demo, and the reason is two-fold: remote selling is here to stay, and buyers expect a seamless, personalized buying experience. We built Demostack to help sellers adapt to this market shift."
Demostack plans to aggressively grow its global footprint, investing in additional R&D resources, sales and marketing across the US and Europe, Middle East and Africa (EMEA) − all while positioning itself as the category leader of demo experience solutions for midmarket and enterprise organizations.
