London-based Ascendx, a provider of CRM software, has raised €99M in funding to scale AI-driven CRM solutions globally.
The funding round was led by Osprey Investors and Columbia Lake Partners, along with notable angel investors like Charles Delingpole and Sujay Tyle.
The company plans to use the funds to enhance AI-driven CRM capabilities, expand in the U.S., and make strategic acquisitions.
Ascendx has experienced significant revenue growth, acquired CapStorm to expand AI capabilities, and aims to support large organizations with complex workflows.