CRM startup DevRev has emerged from stealth mode with $50mn in seed funding, the company announced.
Headed by Dheeraj Pandey, co-founder and former CEO of cloud computing company Nutanix, alongside co-founder Manoj Agarwal, former Nutanix SVP of engineering, the company’s solution is targeted at closing the gap between developers and customers.
“Today, every company is a software company, yet we isolate developers (dev) from customers and revenue (rev),” said DevRev CEO Pandey. “By removing the bureaucracy between makers and consumers — with APIs, design, and an opinionated engagement model — we will empower devs to create customer-conscious products and businesses. That’s our mission: bring dev and rev together!”
Bringing Developers Closer to Customers
DevRev said the solution would enable developers to communicate and collaborate with customers in real-time by eliminating siloed systems, allowing developers to connect code to customer interactions in a single environment.
“Being product builders ourselves, Dheeraj and I have both felt the pain in leaving developers in the back-office,” said DevRev co-founder Agarwal. “With a headless dev-centric CRM vision, we are looking to bring developers to the forefront of decision-making and real-time customer collaboration.”
DevRev said it was working with early adopters before the product would become generally available in 2022, and that it had built a distributed 75-strong team across Austin, Bangalore, Ljubljana and San Francisco. Among its investors are Mayfield Fund and Khosla Ventures.
“As People-first investors who partner with entrepreneurs at the inception stage, we are honoured to support Dheeraj, Manoj and the team at DevRev with seed funding,” said Mayfield Fund Managing Director Navin Chaddha. “We believe their focus on elevating developers to business leaders by removing the barriers to revenue leverages the Rise of the Individual movement, and will help them grow into an iconic company. We look forward to watching them build an innovative new category and a long-lasting developer community.”
