Tampa Bay, FL – June 11, 2024 – Zenzio AI, a pioneering artificial intelligence sales associate for the automotive industry, secures an investment partnership with RevRoad venture services firm.
Zenzio AI’s flagship product, AISA™ (AI Sales Associate) is designed to increase efficiency within the automotive sales process by leveraging AI to mitigate friction in the purchasing process for buyers while providing sellers with deeper customer insights.
In the current digital landscape, 70% of sales leads start online. However, dealerships often lack the tools needed to convert prospects into store visits and close purchases. Zenzio AI’s Omni-Channel AI Sales Associate exceeds human results in communication, boosting dealership revenue and optimizing sales processes.
Founder and CTO Andrew Grubbs expressed his enthusiasm for RevRoad’s unique approach to venture capital and investment. “We started this journey looking for funding, but after talking with RevRoad’s investment team, we quickly saw the value of gaining actual services and valued the way they manage their investments. They don’t just throw money at a problem and hope for the best; they offer real partnerships and tangible services. It’s a breath of fresh air.”
Amy Caldwell, RevRoad Co-founder and Chief Investment Officer, commented, “We are always looking for companies that innovate in big markets. The founding team at Zenzio AI has impressive experience in the industry and the expertise to take this product to market. Along with our service teams, AISA will become the top-performing sales associate in the automotive industry.”
Zenzio AI’s founding team leverages decades of experience in automotive sales, technology and AI development, and technology law. With the support of RevRoad, Zenzio AI is focused on several key objectives: iteratively validating and building both inbound and outbound AI sales tools, increasing the customer base, and boosting revenue.
For more information, visit zenzio.com and revroad.com.
About Zenzio AI
Zenzio AI bridges the divide between online lead gen and in-store purchases by streamlining digital conversations on the dealer’s site. Our AI Sales Associate (AISA™) handles most sales activities better than an experienced salesperson, including answering queries and checking inventory—all 24/7. With the help of AI, dealerships can take the pressure off of car buying and fill their sales team’s pipeline with more quality leads.
About RevRoad
RevRoad is a sweat equity partner, dedicated to scaling and achieving the full value of startups. The company empowers portfolio companies to maximize profitability, get to market faster, and create a solid foundation for their venture. RevRoad team members work shoulder-to-shoulder with portfolio companies, enabling businesses to scale efficiently while keeping founders in the driver’s seat.
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