Airspeed, an AI platform for go-to-market execution, has closed a $20 million Series A funding round led by DN Capital. The round included Vi Partners, Framework Venture Partners, and Atlassian Ventures, supporting the company's mission to automate actions from customer data. Founded in 2022 by two former DeepMind scientists, Airspeed is pioneering the use of AI agents for revenue teams.
Bridging the Execution Gap in Sales
Go-to-market teams generate vast amounts of data through calls, emails, and CRM entries, but this information often remains siloed and unactionable. This creates a significant execution gap between having valuable insights and implementing them to drive sales. Airspeed was founded to address this challenge, turning passive data collection into proactive, automated execution for businesses.
The platform operates as an execution layer, deploying autonomous AI agents that analyze commercial contexts across various communication channels. These agents work in the background to automatically update systems, identify potential deal risks, and generate necessary follow-ups. This process frees sales teams from manual tasks, allowing them to focus on closing deals more efficiently.
A Vision Born from AI's Frontier
The company was co-founded by Adam Liska and Devang Agrawal, who left their roles as research scientists at DeepMind in 2022. They foresaw the imminent impact of advanced language models on business operations before the market fully recognized the potential. Their vision was to build a system that could not just surface information but act on it autonomously.
"Most teams retrofit AI onto legacy systems. We built the foundation from scratch," stated Devang Agrawal, co-founder and CTO of Airspeed. He emphasized their platform provides a unified understanding of commercial context with rigorous evaluations to ensure trustworthy actions. "Our agents act on the live deal, not a stale snapshot of it," he added, highlighting their real-time capability.
Strategic Investment and Market Momentum
The $20 million Series A round was led by DN Capital, whose conviction was solidified after witnessing strong customer enthusiasm firsthand. The round also included participation from Framework Venture Partners, Atlassian Ventures, and Vi Partners. This strong investor backing underscores confidence in Airspeed's technology and market position, preempting a formal fundraising process.
Airspeed has demonstrated impressive market momentum, quadrupling its revenue year-over-year and expanding its customer base to nearly 200 organizations. This rapid growth reflects a significant market shift, as businesses are now actively seeking AI solutions. The company's success validates the demand for its agent-native platform in a competitive market.
Future Plans and Expansion
With the new capital, Airspeed plans to accelerate its growth trajectory significantly. The funds are earmarked for scaling its proprietary technology, expanding its presence in the United States, and hiring top-tier global talent. This investment will enable the company to meet increasing demand and solidify its leadership in AI-driven sales execution.
The company's future roadmap focuses on solving complex challenges in applied AI. Key initiatives include developing a comprehensive context layer for LLMs, orchestrating sub-agents to process data at scale, and creating a unified "Customer 360" view. This vision aims to unify disparate data sources to provide a complete and actionable picture of every customer.
This $20 million investment marks a pivotal moment for Airspeed, validating its innovative approach to automating go-to-market strategies. The funding empowers the company to enhance its agent-native platform and expand its global reach, positioning it as a key player. Airspeed is now well-equipped to accelerate its mission of closing the execution gap for revenue teams worldwide.