What is 11x?
Founded in 2022 by Hasan Sukkar, 11x is at the forefront of developing autonomous digital workers designed to automate specific business functions within Sales, Marketing, and Revenue Operations. By unbundling and automating roles, 11x empowers organizations to enhance operational efficiency and reduce costs. The company's focus on AI-driven automation positions it as a key player in the evolving landscape of enterprise software solutions.
How much funding has 11x raised?
11x has raised a total of $72M across 3 funding rounds:
Other Financing Round
$2M
Series A
$20M
Series B
$50M
Other Financing Round (2023): $2M with participation from Project A Ventures, No Label Ventures, and Tiny Ventures
Series A (2024): $20M led by Benchmark
Series B (2024): $50M supported by Andreessen Horowitz
Key Investors in 11x
Andreessen Horowitz
Andreessen Horowitz is a prominent American venture capital firm founded in 2009, known for investing in both early-stage startups and established growth companies, with a focus on technology innovation.
Benchmark
Benchmark is a venture capital firm that invests in technology companies, known for its early-stage backing and strategic guidance to portfolio companies.
Project A Ventures
Project A Ventures is a European early-stage venture capital firm that supports founders with capital and operational expertise, focusing on technology-driven companies.
What's next for 11x?
With the recent major strategic investment and a cumulative funding total of $72M, 11x is poised for accelerated expansion. This significant capital injection is expected to fuel further development of its autonomous digital worker technology, enhance its market reach, and scale its operations to meet growing enterprise demand. The company's progression through Series A and subsequent strategic financing rounds signals strong investor confidence in its vision and execution capabilities, positioning 11x for significant growth in the AI automation sector.
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