GapMinder Fund II invests €2 million in Salestools AI

Business Forum
GapMinder Fund II announced a €2 million seed investment in Salestools AI, supporting the company's vision to automate and enhance B2B sales processes through autonomous digital agents.

The funding will be primarily used to expand Salestools AI's engineering team in Bucharest, with a vision to establish the largest AI research lab in Romania by 2030. The company also plans a late-year expansion into a local office in the US, with nearly 70% of its current revenues originating from US-based enterprises.

Jesper Qvist, Co-founder & CEO of Salestools AI, said: "Inefficiencies in B2B sales are a €150 billion tax on global growth," he stated. "Our AI Workers function similarly to a copilot, giving time back to humans so they can build relationships, not spreadsheets, research, follow-ups, etc." This investment underscores the growing recognition of AI's potential to drive significant revenue growth and efficiency in the sales sector.

The company's core product, the Automated SDR (Sales Development Representative), acts as an intelligent agent, freeing human sales professionals to focus on relationship building.

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