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Home / SmartTech / Mangrove makes a first move into Portugal with $ 1.2M into Attentive, alongside Indico – TechCrunch

Mangrove makes a first move into Portugal with $ 1.2M into Attentive, alongside Indico – TechCrunch



Attendive, a Techstars Boulder alumnus, closing of a $ 1.2M Seed round co-led by Lisbon based Indico Capital Partners and Luxembourg based Mangrove Capital Partners. This so marks Mangrove's first ever investment into a Portugal-based start-up. The Southern-European country has adopted as a European startup destination with the launch of new funds like Indico, acting as host to the giant Web Summit and offering warm climes than chilly Northern Europe.

Attentive has an "augmented sales assistant" which

The new Attentive app works with Slack, so it should fit into a team that wants to improve their CRMs without needing to open the Attentive app itself.

Ex-Googler Daniel Araújo, co-founder and CEO, says: "A very common problem in sales teams is that more than 1

/3 of their time is 'lost' in administrative tasks … Technology

Stephan Morais, Partner at Indico Capital Partners, commented: "Enterprise sales and data are two crucial areas in today's software world if you want to be competitive. Attentive is the intelligent layer that merges and they are doing it at the right time.

Yannick Oswald, Principal at Mangrove adds: "By automating sales data input for teams across CRMs and industries, Attentive's AI collects million of sales actions that go beyond mere transactional database records and can guide users towards behaviors that achieve much better sales outcomes. "


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