British sales forecasting platform developer Kluster secured €4.53M ($5M) through a Series A funding round.
The firm will use the incoming funds to accelerate product development, grow its go-to-market team, and expand its presence in the U.S.
Foresight Group led the current round, with participation from existing backers SuperSeed and strategic angels.
- Previously, SuperSeed led Kluster's $1M round in April 2020 alongside Newable Ventures.
- Kluster's platform is used by revenue and sales teams to increase efficiency, develop go-to-market strategies, generate real-time projections, and extract insights from data.
- In addition, the platform helps sales teams develop plans, identify the ideal sales team strength required, analyze conversion rates, identify performance gaps, and uncover areas of improvement.
- Kluster's notable clients include Currencycloud, ExtraHop, Oyster HR, SEON, TrueLayer, and TigerConnect.