It’s a huge day for the Grw AI team - we just raised our record NZ $2.4 million pre-seed (which apparently is the largest in NZ’s history 🚀 ). We're solving a critical challenge: scaling world-class 1:1 performance coaching for sales teams, empowering every organization to drive exceptional results. A big thank you to our amazing investors who are backing this vision. The round was led by Charles Hudson at Precursor Ventures in San Francisco, with participation from Incisive Ventures in Seattle (led by serial entrepreneur Martin Tobias), and Investible in Australia (Jayden Basha and Nicholas Oi). We also have support from an incredible group of US-based angel investors including: ⚬ Lauren Vaccarello - CMO at WEKA, former CMO at Salesloft and Talend ⚬ David Brock - Founder & CEO of Partners In EXCELLENCE ⚬ Shari Levitin - Founder & CEO of Shari Levitin Group ⚬ Woodson Martin - Former EVP of Salesforce AppExchange ⚬ David Schellhase - Former General Counsel at Salesforce, Slack, Groupon ⚬ Colin Wiel - Co-founded multiple unicorns, including Invitation Homes ⚬ Peter Kazanjy - Founder of Atrium and Modern Sales Pros ⚬ Scott Persinger - Founder of Supercog AI, founder CloudConnect, ex Stripe ⚬ Brian Bar - CEO & Founder of Victory Lap ⚬ Aaron Smith - Founder of Morphability Pty Ltd, ex sales leader, Sydney based ⚬ Michael Kelly - CRO of Wherewolf , one of Grw AI's customers We started Grw AI because we're passionate about coaching and the impact it can have on career and life outcomes - Alistair, Dan and I have all been fortunate to have been on the receiving end of incredible coaching throughout our careers - and we’re excited to scale impactful coaching out to millions of salespeople. We launched in April this year and have over 20+ companies in the US and ANZ seeing uplifts in sales performance from Grw AI (as high as 400% month-on-month). Our customers range from growth companies like Relab and Staffing Engine all the way up to large public companies in the US. This fundraise will enable us to set up an HQ in San Francisco, and to expand our engineering team in New Zealand. Here is the link to the full raise announcement: https://lnkd.in/gXNNggV2 Finally, a huge shoutout to those who have supported us on our journey so far. From our incredible advisors - David Brock, Lauren Vaccarello, 🇦🇺 Manik Surtani, 🏄♂️ Scott Leese, Shari Levitin, Scott Freeman and Linda Jenkinson, to our very first customers Glen Jones, Matt Dichter and of course to all of our other customers driving sales performance with Grw AI today. We owe a heartfelt thanks to all of you who have supported us on this journey - far too many to name here, but each and every contribution is deeply appreciated 🙏 We are so excited for what's next on our journey together! This is only the beginning.
Thank you to our amazing early investors and supporters: Charles Hudson, Martin Tobias, Jayden Basha, Nicholas Ooi, Lauren Vaccarello, David Brock, Shari Levitin, Woodson Martin, David Schellhase, Colin Wiel, Peter Kazanjy, Brian Bar, David Schellhase, Scott Persinger, 🏄♂️ Scott Leese, Michael Kelly, Aaron Smith, Linda Jenkinson, 🇦🇺 Manik Surtani, Tim Coates, 🌱 Franko Ali, Scotty Freeman. We are grateful for all of your support this year!
And a special thank you to our early customers: Glen Jones, Amy Davidson, Matt Dichter, Austen Steele, Johnny MacAvoy, Matthew Bittle, Matt Krogstad, Brigitte Mandeno, Knight H., Dave McGregor, Jack Curtis, Michael Kelly, Simon Boyce, Anthony Murphy, Ben Dyer, Celisse Moyer, Caleb Helm, Mark Tanner, Aaron Horton, Chad Ockerse, Craig Gregory, Lynne Mark and all the others who have been using Grw AI from the start. We appreciate your trust right at the start of this journey.
Also a big shout out to my family Anthony McNaughten, Olivia McNaughten, Lara McNaughten and of course Mum who isn't on LinkedIn - all your support has been invaluable over the last few years on this journey!
Congratulations Alex McNaughten Alistair McLeay and Dan Ash on a very successful raise that has attracted some great investors to support you on your journey. The rate of development with Grw AI has been impressive. Looking forward to following your progress and continuing to benefit from the ever expanding Grw AI capabilities.
How good?!! The hard yards have started to pay off...and still plenty to do! A real treat to play a part and help solve this problem for sales professionals world wide. 👍
I couldn’t be more thrilled to invest in and be chosen as one of three coaches, (SaaSishari), alongside GRW AI. Yes, you’ve built a groundbreaking product—one that’s set to transform sales teams, empower managers, and revolutionize coaching as we know it. 🚀 But what truly sets GRW AI apart isn’t just the innovation; it’s the heart behind it. The dedication, grit, and values of the founders inspire me daily. Here’s to transforming sales, one team, one manager, and one coach at a time! 🙌✨
I know I enjoyed learning from you in those online tutorial covid days (daze?). It does not surprise me at all to see this success today. Good on you mate!
Huge congrats. Always excited to see AI involved in sales proceseses.
Alex McNaughten congratulations on the raise. Hopefully, this will help you get the word out to Orgs with sales teams that have sales managers who feel they are personally overworked yet still are missing quotas for their teams. Taylor is the Manager/Team Leader/Therapist every sales manager wants and needs - available 24/7 and doesn't ooze judgement when you come to them with issues. Your raise is well deserved and we look forward to its impact on your team as well as the product.
Co-Founder & Co-CEO @ Grw AI
2moYou can read the full article about our capital raise here: https://www.stuff.co.nz/business/360503679/nz-startup-grw-ai-promising-sales-teams-super-powers. Thank you to Gill South at Stuff for the great write up.