Dealcode GmbH

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Dealcode GmbH - overview

Established

2021

Location

Hamburg, -, Germany

Primary Industry

Software

About

Dealcode GmbH is a Hamburg-based company specializing in AI-powered sales automation tools that enhance efficiency for sales teams in various sectors including industrial, manufacturing, and IT. Founded in 2021 in Hamburg, Germany, Dealcode GmbH provides innovative solutions for sales automation. The company was founded by Alexander Weltzsch and Dennis Hilger, with Alexander Weltzsch serving as CEO. In December 2021, Dealcode raised EUR 1.


000 mn through a funding round led by APX. The funding is aimed at enhancing the success of sales teams. The company has completed a total of 2 deals, with the most recent deal dated December 15, 2021. Dealcode AI offers a comprehensive suite of sales automation tools powered by artificial intelligence, aimed at enhancing the efficiency of sales teams across various industries including industrial, manufacturing, real estate, IT, and consulting.


Their core product features an AI-driven Lead Search Engine that identifies and enriches lead data with up-to-date contact information, including phone numbers and emails, significantly streamlining the lead generation process. Additionally, Dealcode AI provides automated lead qualification and personalized outreach capabilities, enabling sales professionals to engage with prospects more effectively and efficiently. The company's solutions are tailored to meet the needs of over 1,500 sales professionals globally, with a focus on markets in Europe, North America, and Asia-Pacific. Customers leverage these tools to overcome common sales challenges such as time-wasting data searches and ineffective cold outreach, thus improving their overall sales processes and outcomes.


The revenue model of Dealcode AI is structured around subscription-based services for its sales automation platform, allowing clients to access various features including lead generation, lead enrichment, and outreach automation. Clients typically enter into annual contracts, granting them access to a range of functionalities tailored to their sales needs. Pricing structures may vary based on the volume of leads processed and additional features utilized within the platform, catering to both small businesses and large enterprises. Dealcode AI's flagship offerings, which include its AI agents for lead search and outreach, are pivotal in driving client engagement and success in sales campaigns.


The company fosters relationships primarily through B2B transactions, where sales teams from various industries directly integrate its tools into their existing CRM systems to enhance operational workflows and sales efficiency. Dealcode GmbH plans to utilize its recent funding to develop new products that enhance the functionality of its sales automation tools. The company is also targeting expansion into new markets in Europe, North America, and Asia-Pacific by the end of 2023. The funding received in December 2021 will be directed towards initiatives aimed at making sales teams more successful.


Current Investors

APX, IFB Innovationsstarter GmbH

Primary Industry

Software

Sub Industries

Software

Website

www.dealcode.ai

Verticals

Artificial Intelligence

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.