This article first appeared on Martech Series.
Zilliant scooped $30 Million from Goldman Sachs last week. It will use the capital to fund global growth opportunities in the B2B enterprise industry across multiple sectors.
Zilliant, an Artificial Intelligence-driven SaaS-based B2B price optimization platform, offers sales and competitive pricing decisions to help B2B marketers achieve margin targets and retain customers at the same time. Customers use Zilliant for maximizing the lifetime value (LTV) of B2B customer relationships.
“As the only B2B AI-driven SaaS platform in the market today, Zilliant is committed to enabling growth and profitability for our customers while strengthening their existing customer relationships.”
Before opting for Zilliant, the global leader in Energy Management, Schneider Electric, SE, failed to meet customers’ expectations in terms of competitive pricing and was not even offsetting raw material costs. Zilliant’s sophisticated data science and scalable technology offer price optimization and price management software for manufacturing, distribution, high-tech, and industrial service companies. The prominent investors in the company are GE equity, JP Morgan Partners, among others.