Toplyne, a sales software provider for product-driven businesses, has raised $15 million in its most recent funding round led by Tiger Global and Sequoia Capital India.
The Together Fund, founded by Indian SaaS founders, Sequoia India’s Surge accelerator program, and several angel investors also participated in the round.
The funds will be used to fulfill the product roadmap and scale up the company’s data science, engineering, product, and design teams, according to the company.
Toplyne, founded in June 2021 by Rishen Kapoor, Ruchin Kulkarni, and Rohit Khanna, analyses large volumes of product-usage data to identify users and accounts with the highest intent to convert to paid subscriptions.
It enables growth teams to quickly experiment and drive conversions through in-product nudges like chatbots, paywalls, promotions, or sales-assisted conversions.
In November 2021, the startup raised $2.5 million in a seed round. Since then, it has increased its employee headcount across geographies from 13 to 30.
