What is Dooly?
Founded in 2016 and headquartered in Vancouver, BC, Dooly addresses a critical need in the sales technology landscape by streamlining workflows for sales representatives. The platform facilitates accurate note-taking that syncs with Salesforce, enables effortless pipeline cleaning, and provides tools to manage key deals. By automating administrative tasks, Dooly allows sales teams to dedicate more time to selling activities, ultimately aiming to improve quota attainment. The company's focus on practical, actionable tools for sales professionals positions it as a key player in the competitive sales tech market.
How much funding has Dooly raised?
Dooly has raised a total of $97M across 2 funding rounds:
Series A
$17M
Series B
$80M
Series A (2021): $17M with participation from Jay Simons, Allison Pickens, Mantis, Zander Lurie, Addition Capital, Boldstart Ventures, Harry Stebbings, SV Angel, Brandon Deer, Daniel Dines, BoxGroup, and Battery Ventures
Series B (2021): $80M led by Tiger Global, Greenspring, Spark Capital, Lachy Groom, and Boldstart Ventures
Key Investors in Dooly
Boldstart Ventures
Boldstart Ventures is a venture capital firm that partners with bold technical founders to build autonomous enterprise companies from inception. They focus on collaborating with founders before company creation, leading pre-product funding rounds, and leveraging their early adopter network to transform innovative ideas into successful businesses.
SV Angel
SV Angel is a long-term investment firm dedicated to supporting founders in creating impactful businesses. They prioritize building strong partnerships by advocating for founders and providing essential resources, strategic insights, and a vast network to help companies scale.
Spark Capital
Spark Capital, investors in products we love by creators we admire, including Affirm, Carta, Coinbase, Cruise, Discord, Oculus, Plaid, Postmates, Slack, Twitter, and Wayfair. We know there are no playbooks or formulas for success and are here to help founders win their own way.
What's next for Dooly?
The substantial enterprise-level backing Dooly has received, particularly the recent strategic investment, signals a phase of accelerated growth and market expansion. This capital infusion is likely to be directed towards enhancing product development, scaling sales and marketing efforts, and potentially exploring new market segments. With a clear focus on improving sales productivity, Dooly is poised to further solidify its offerings and capture a larger share of the sales enablement market. Future developments may include deeper integrations with CRM systems and advanced analytics to provide even greater insights into sales performance.
See full Dooly company page
