Rox: New American Startup Valued at $1.3 Billion
AI startup creating agents for sales automation has already raised $100 million in Series B round
The American startup Rox has raised $100 million in a Series B round. The deal was co-led by General Catalyst and March Capital, with existing participants Sequoia Capital and Factory. New investors include Databricks Ventures and Prosperity7 Ventures.
The company develops a platform for working with customer and sales data. Its AI agents help study potential clients, identify priority contacts, and prepare personalized messages. Rox targets corporations from the Global 2000 list.
In the first year after entering the market, the startup's annual recurring revenue grew more than tenfold. Its clients include companies from the IT services, energy, medical technology, industrial, and automotive sectors.
The funds raised by Rox will be directed toward product development and expanding work with large corporate clients. According to the company, the new round reflects the venture market's interest in AI agents that automate specific business processes and deliver measurable results.
