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Letter AI Raises $40M Series B to Bring Deal-Level Intelligence to Revenue Enablement

Letter AI Raises $40M Series B to Bring Deal-Level Intelligence to Revenue Enablement

March 12, 2026 Craig Etkin

Led by Battery Ventures, the round comes just four months after the company’s previous raise, as enterprise revenue teams turn to AI to improve deal outcomes

CHICAGO, Feb. 24, 2026 /PRNewswire/ — Letter AI, the AI-native revenue enablement platform for the world’s leading go-to-market teams, today announced it has raised a $40 million Series B funding round led by Battery Ventures, with participation from Y Combinator, Lightbank, Northwestern Mutual Future Ventures, Stage 2 Capital, and existing investors. The new funding will be used to scale product development, expand the team globally, and accelerate go-to-market efforts as enterprises move away from fragmented, low-adoption enablement tools toward AI-native platforms built for modern revenue teams.

Letter AI helps companies like Lenovo move beyond traditional revenue enablement towards deal enablement – bringing intelligence directly into live opportunities where it can have the greatest impact on sales outcomes. “Letter AI has changed how enablement shows up in our sales process,” said Abdul Hakim, Executive Director, Digital Workplace Solutions, Lenovo. “Rather than relying on static training that arrives too late, our teams now get real-time, deal-specific guidance that adapts to individual seller strengths and the realities of each opportunity. That level of personalized, in-the-moment intelligence has allowed us to respond much more quickly to evolving service offerings and accelerate sales cycles in ways we simply couldn’t before.”

Letter AI is Rebuilding Revenue Enablement for the AI Era

Revenue enablement has become one of the most fragmented layers in the enterprise stack, with companies relying on disconnected tools that lead to low adoption, slow onboarding, and sellers spending less than 30% of their time with customers (source: Salesforce State of Sales, 2024). Unlike legacy platforms that retrofit AI onto static architectures, Letter AI was built from day one as a unified platform with intelligence at its core – connecting content, learning, coaching, and buyer engagement into a single system that adapts in real time to each seller and each deal.

Real-Time Deal Intelligence for Go-to-Market Teams

Alongside the funding, Letter AI is launching Letter Compass, a new product that delivers real-time, deal-specific guidance for active opportunities. By combining enablement content and learning with live CRM data and customer interactions, Letter Compass brings highly contextual intelligence directly into the flow of sales execution.

“Revenue enablement is a perfect problem for an AI-native platform because it sits at the intersection of content, people, and live decision-making,” said Ali Akhtar, co-founder and CEO of Letter AI. “Legacy tools were built for static libraries and periodic training. We built Letter AI for modern sales teams who need guidance that is personalized, contextual, and available in the moment a deal is happening.”

“AI has made individual enablement features easy to replicate, exposing the limits of point solutions,” said Armen Forget, co-founder and CTO of Letter AI. “What enterprises need is a holistic system that understands deal context and supports sellers throughout the lifecycle of a deal.”

Battery Ventures led the round based on strong customer adoption and growing enterprise demand for system-level AI platforms in revenue operations. “Revenue enablement is undergoing a fundamental reset,” said Brandon Gleklen, Principal at Battery Ventures, who has joined the board of Letter AI. “Letter AI stands out because it wasn’t designed as a content repository or an AI add-on – it was built from the ground up as an AI-native platform that delivers real, measurable impact at the deal level. That’s what modern revenue teams are looking for.”

“Sales methodology has historically lived in static playbooks that reps skim once and forget. Letter AI changes that – it’s a living intelligence layer that’s tuned to every call prep, embedded in every live interaction, and actively shaping next steps for each deal,” said Mark Roberge, co-founder at Stage 2 Capital and founding CRO of HubSpot. “What makes this truly transformative is the personalization – the guidance is customized to each buyer’s unique context, and the coaching adapts to where each seller is in their own development journey. Letter AI meets sellers where they are – always on, always relevant, and always adapting to the changing buyer landscape.”

About Letter AI

Letter AI is an AI-native revenue enablement platform that turns a company’s existing knowledge into real-time, deal-specific guidance for go-to-market teams. Rather than organizing static content and training, Letter AI dynamically generates personalized enablement and coaching based on live deal context, so sellers get what they need in the moment a deal is happening. Built from the ground up as a platform, Letter AI connects content, coaching, learning, and buyer engagement into a single intelligent system, driving higher adoption, faster onboarding, and more time spent with customers.

Letter AI is trusted by global enterprises, including Lenovo, Adobe, Novo Nordisk, Plaid, Zip, RingCentral, Kong, and SolarWinds, and supports revenue teams across more than 30 countries. Headquartered in Chicago, the company was co-founded by seasoned AI, product, and engineering leaders, Ali Akhtar and Armen Forget, and is backed by Battery Ventures, Y Combinator, Lightbank, Northwestern Mutual Future Ventures, Stage 2 Capital, and other leading investors. For more information, visit www.letter.ai.

Media contact:
Nick Morris | 409431@email4pr.com | +44 (0)777 553 1593

SOURCE Letter AI

Copyright © 2026 Cision US Inc.


Venture Capital
Chicago, Cision, Illinois, Letter AI, Venture Capital

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Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

Fabric is a health tech company on a mission to solve healthcare’s access problem. Fabric’s integrated care platform offers personalized guidance, streamlines workflows, and unifies experiences across virtual and in-person care. Its solutions support care delivery from a patient’s first search to post-treatment follow-up using its proprietary Hybrid AI that combines conversational AI and physician-built clinical logic. Together with a nationwide network of medical and behavioral health providers, Fabric is realizing its vision of providing care for everyone, everywhere. The company advances connected delivery that improves access, outcomes, and equity across every stage of the patient journey. Today, Fabric serves 30,000 employers, payers, and enterprise organizations, including OSF HealthCare, MUSC Health, Highmark, and Intermountain Health. Fabric is backed by General Catalyst, Thrive Capital, GV (Google Ventures), Salesforce Ventures, Vast Ventures, BoxGroup, and Atento Capital.
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Flex has closed a $60 million Series B equity round led by Portage, bringing total equity raised to $105 million. In the last year, the company has quadrupled revenue and tripled its payments volume to $3 billion as it scales its all-in-one business and personal finance platform for high-net-worth middle-market business owners. Running a profitable middle-market business has become one of the most complex financial jobs in America, with owners often juggling more than ten disconnected systems to manage their money. Flex was created to give these high net worth owners a single place to run both their business and personal finances. This latest $60 Million equity round, followed by its $200 Million debt and $25 Million equity raise announced earlier this year, builds on a period of rapid hypergrowth. In just 12 months, Flex has grown revenue fourfold and increased annualized total payments volume from $1 billion to $3 billion across a suite of products, positioning Flex as one of the fastest-growing fintech companies at scale with best-in-class capital efficiency.

Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. These customers now use an average of four or more Flex products. Flex’s Business Credit Card, which provides 60-day float on every transaction, has been a major driver of adoption, acting as the wedge into deeper financial operations. Once owners experience the benefits of the Flex Credit Card, they often go on to adopt Flex’s banking, payments, working capital, and expense management tools to replace fragmented legacy systems. This integrated model has allowed Flex to scale with high efficiency and has created a strong foundation for its expansion into personal finance.

Launched in 2023, Flex a Flexbase Technologies brand is the AI Native “Private Bank” for high net worth business owners in the middle market. Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. Flex is the first platform that supports every step of their financial lives, from the moment they earn revenue to the moment they spend it personally.
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Across the United States, a new industrial age is taking shape. Trillions of dollars in infrastructure, from energy projects and advanced manufacturing to data centers and critical mineral facilities, must be built in the next decade. But large construction projects are slower and more expensive today than they were half a century ago. Unlimited Industries, a California-based company using AI to rethink how infrastructure gets built, has raised $12 million in seed funding to change that. The round was co-led by Andreessen Horowitz and CIV, with participation from leading industry investors. The capital will accelerate Unlimited’s expansion and further develop its proprietary AI platform – one designed to make large-scale engineering and construction faster, cheaper, and more ambitious.

Unlike traditional construction firms or standard software companies, Unlimited is an AI-native construction company that both designs and builds. Its proprietary platform can generate and evaluate hundreds of thousands of design configurations in parallel, automatically identifying optimal layouts for cost, safety, and performance before construction begins. By integrating AI-driven design with its own vertically integrated engineering and construction teams, Unlimited eliminates the costly handoffs and misaligned incentives that have defined the industry for decades.

In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
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