AI Sales Startup 11x.ai Secures $50M in Series B Funding

11x.ai, a startup specializing in AI sales development representatives (SDR), recently raised $50 million in Series B funding led by the American venture capital Andreessen Horowitz.

According to TechCrunch, the company—originally from London and now headquartered in San Francisco—is now valued at around $350 million. 11x.ai previously raised $24 million during Series A led by firm Benchmark just a few weeks ago.

11x’s founder and CEO, Hasan Sukkar told TechCrunch the company’s annual revenues are reaching $10 million. The startup is gaining leverage in the market and is competing against companies with similar products like Artisan, AiSDR, and Reggie.ai.

The startup’s main product is Alice, an AI agent ready to help companies in the early stages of their sales funnel. The AI SDR developed by 11x.ai can be trained, and personalized, and help companies build outreach strategies.

They recently launched a second AI agent, Jordan, a phone representative who can also work 24/7, speaks 30 languages, and can improve its skills after each call. “Jordan dials through 1,000,000+ contacts per hour, making thousands of calls daily—no need to hire, train, or manage,” states the startup’s website.

These “automated digital workers,” as 11x.ai likes to call its bots, are the company’s key products, and, according to previous interviews with TechCrunch, the startup is also building bots for talent acquisition and human resources.

Other big tech companies, like Slack and Salesforce with AI agent Agentforce, are developing autonomous AI bots to improve efficiency and customer service and automate tasks and roles.