#Israel #Tel Aviv #funding #ALTA #AI Revenue Workforce

Alta Secures $7 Million in Seed Funding

Alta, an innovative provider of AI revenue workforce solutions, has officially emerged from stealth mode after successfully raising $7 million in seed funding. This significant round was led by Entrée Capital and Target Global, with contributions from notable angel investor Ben Lang. The company's CEO, Stav Levi-Neumark, is one of the few female leaders in the enterprise AI space, working alongside co-founders Tom Hoffen and Mor Shabtai, who boast impressive backgrounds in technology and product management.

Established in 2023, Alta aims to tackle the challenges that sales and go-to-market teams face in today's competitive landscape. By deploying their proprietary large language model (LLM) for sales, Alta has trained AI-driven agents—namely Katie, Luna, and Alex—to automate essential marketing, sales, and revenue operations (RevOps) tasks. This groundbreaking technology enables companies to streamline operations, improve productivity, and ultimately boost revenue.

The AI agents perform a variety of tasks, such as researching potential leads, conducting personalized outreach, and providing actionable insights derived from real-time data across all revenue functions. These tasks traditionally require significant human oversight, but with Alta's AI workforce, businesses can save up to 20 hours a week, thereby allowing human sales teams to concentrate on high-value activities like relationship building and creative strategy development.

While AI technology permeates nearly every sector, companies are often hesitant to implement it due to the challenges of fully leveraging AI tools for genuine growth. Alta distinguishes itself in this crowded market by acknowledging that AI solutions should supplement rather than replace the human workforce. Such an approach not only enhances the capabilities of employees but also aligns with long-term business growth strategies.

"At Alta, we believe that AI technology cannot replace human creativity and judgment," stated Levi-Neumark. "Our goal is to enable organizations to boost their return on investment through strategic AI deployment. This recent funding will empower us to enhance our solutions further, unlocking vast revenue growth opportunities for our clients."

As part of its mission, Alta has integrated its workforce with over 50 internal and external systems—including CRMs, ERPs, social media, and advertising tools. The diverse capabilities of its AI agents allow revenue teams to allocate their efforts efficiently, focusing on tasks best suited for human intervention such as closing deals and nurturing client relationships.

The company already counts a variety of clientele among its customers, ranging from Fortune 500 firms to small and medium-sized businesses (SMBs). Advisors such as Gavin Patterson, former President and Chief Revenue Officer at Salesforce, and Nir Goldstein, Operating Partner at Greenfield Partners, underscore the strong backing that Alta enjoys within the industry.

Expectations for Alta's growth trajectory are high. Avi Eyal, co-founder and Managing Partner of Entrée Capital, expressed enthusiasm for Alta's potential, stating, "We are excited to support Alta's mission as they scale, cementing their position as a transformative force in workforce intelligence automation."

Furthermore, Shmuel Chafets, General Partner at Target Global, emphasized how Alta has redefined the AI-sales relationship by positioning its agents as team members that handle the burden of repetitive tasks, allowing sales professionals to concentrate on what they do best.

In summary, Alta is not just aiming to make improvements; they are on a decisive path to revolutionize the sales landscape by ensuring that AI and human talent collaboratively drive success. This funding opens the doors for further innovation and presents an opportunity to reshape how companies enhance their revenue engines in the age of AI. For more information, you can visit Alta's website.