Sales enablement platform Louisa AI has secured $5 million in its inaugural funding round, co-led by Oxford University’s investment arms, Palm Drive VC, Evolution VC, Nucleus VC, Gaingels, and with the participation of ex-Goldman Sachs partners, US-based venture capitalist Sandiip Bhammer, among others.
The funds will be utilized to enhance its technological design and refine products, according to a press release from Louisa.
The company originated and conceptualized within Goldman Sachs but spun out as an independent entity in 2023. It aims to eliminate conflicts of interest and provide unbiased and effective connections to gather collaborative intelligence for more efficient and improved sales mechanisms.
Founded by former Goldman Sachs managing director Rohan Doctor, Louisa AI leverages network effects to transform sales enablement and deal-making across various industries, including asset management, banking, financial infrastructure, private markets, and technology.
According to its website, the company boasts over 50,000 users, with its products utilized by Goldman Sachs and Insight Partners.