Kluster secures £810k seed investment from Newable and SuperSeed to develop revenue analytics
The seed round was provided by Newable and SuperSeed to support technology development and forecasting tools.
Kluster provides a revenue strategy and sales forecasting platform that helps businesses plan and execute commercial targets. The company operates from London and supports scaling technology teams.
Kluster has secured £810k in seed funding from Newable and SuperSeed, alongside Cognism chief executive James Isilay. The capital will be used to further develop the company forecasting technology and enhance its insights engine.
The raise follows a period of growth for the platform, with recent client acquisitions including enterprise customer GoCardless. The company operates in the revenue analytics sector, supporting clients across Europe, the US and Canada.
Leadership noted that accurate sales forecasting is critical for business survival, particularly amid recent economic challenges. The fresh capital aims to solidify the platform market position as a revenue intelligence tool.
From the founder
"Businesses are hurting because they are flying blind when it comes to revenue. With the data and investment in sales we see available today, we must do better and help leaders anticipate what lies ahead. This injection of capital and expertise enforces the confidence the market has in Kluster to become a world leader in revenue analytics."
Dan Thompson
Chief Executive Officer at Kluster
Investor perspective
"From the moment we met Dan and Rory, we completely bought into the problem that they were trying to solve. As former SaaS entrepreneurs ourselves, we have experienced the perennial challenges of sales forecasting, and have previously used Kluster’s competitors to try to address these. Finally, there is a solution which gets it right"
Mads Jensen
Managing Partner, SuperSeed
Use of funds
- 01Continue product development
- 02Fund research and development
