How Much Did Dooly Raise?
Funding & Key Investors

Dooly, a prominent player in the sales enablement sector, has successfully secured a total of $97M in capital to accelerate its market expansion. This trajectory was bolstered by a $80M strategic investment, marking a significant milestone in the company's evolution from an early-stage startup to a mature enterprise-level platform. By streamlining the administrative burden for sales professionals, Dooly has positioned itself as a critical component of the modern revenue operations stack.

The company's funding history reflects a clear growth trajectory, beginning with its Series A round in March 2021, followed by a substantial Series B injection in May 2021. This influx of financing underscores investor confidence in Dooly's ability to solve complex CRM data entry challenges and improve sales productivity at scale.

What is Dooly?

Dooly
SoftwareCustomer Engagement Platforms

Founded in 2016 and headquartered in Vancouver, BC, Dooly provides a specialized platform designed to optimize the sales workflow. By automating note-taking and ensuring seamless synchronization with Salesforce, the software allows sales representatives to maintain clean pipelines and focus on high-value deal management. Dooly operates at the intersection of productivity software and CRM infrastructure, effectively reducing the friction associated with manual data entry and administrative overhead. Its market position is defined by its ability to integrate deeply into existing enterprise workflows, thereby increasing the utility of CRM investments for large-scale sales organizations.

How much funding has Dooly raised?

Dooly has raised a total of $97M across 2 funding rounds:

2021

Series A

$17M

Series B

$80M

Series A (2021): $17M with participation from Jay Simons, Harry Stebbings, SV Angel, Brandon Deer, Addition Capital, Zander Lurie, Allison Pickens, Mantis, BoxGroup, Battery Ventures, Boldstart Ventures, and Daniel Dines

Series B (2021): $80M led by Spark Capital, Tiger Global, Boldstart Ventures, Lachy Groom, and Greenspring

Key Investors in Dooly

Spark Capital

A venture capital firm that invests across all sectors and stages, known for backing category-defining companies like Slack, Coinbase, and Twitter.

Tiger Global

An investment firm with a global reach, focusing on high-growth technology companies and providing significant capital for scaling operations.

Boldstart Ventures

A venture capital firm that partners with technical founders to build autonomous enterprise companies, specializing in AI-native infrastructure and applications.

What's next for Dooly?

With the recent infusion of capital, Dooly is well-positioned to scale its engineering and product development efforts, likely focusing on deeper AI-driven insights and expanded integrations within the enterprise software ecosystem. As the company moves beyond its Series B stage, the strategic focus will likely shift toward capturing a larger share of the enterprise market, enhancing its competitive moat against legacy CRM tools, and refining its value proposition for revenue operations teams. The continued support from high-profile venture firms suggests a long-term commitment to establishing Dooly as an indispensable layer in the sales technology stack.

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Frequently Asked Questions Regarding Dooly Financial Insights

What are the most recent funding rounds that Dooly has completed, and what were the funding rounds?
Dooly has recently completed 2 funding rounds: Series B on May 20, 2021, Series A on Mar 4, 2021.
What is the total amount of funding Dooly has raised to date?
Dooly has raised a total of $97M in funding to date.
How many funding rounds has Dooly completed?
Dooly has completed 2 funding rounds.
How much funding did Dooly raise in its most recent funding round?
Dooly raised $80M in its most recent funding round.
Who are the lead investors in Dooly's latest funding round?
The lead investor in Dooly's latest funding round was Spark Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Dooly's history?
The largest funding round in Dooly's history was $80M.
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