Rox raises $100m Series B for enterprise revenue agents
General Catalyst and March Capital co-lead the financing at a $1.3bn valuation as Rox expands its work with large enterprises.
Rox announced a $100 million Series B on November 11, co-led by General Catalyst and March Capital. Existing investors Sequoia Capital and Factory returned, with Databricks Ventures and Prosperity7 joining the round.
The company is building custom models and evaluation infrastructure for revenue work, where outcomes can take weeks or months to materialise. It is introducing a benchmark for real-world revenue tasks and says research improvements have already allowed it to halve outbound prospecting prices.
Rox focuses on large enterprises across sectors such as healthcare, industry, financial services and energy. The company says annual recurring revenue grew more than tenfold in its first year in market.
Use of funds
Advance AI research, custom models and evaluation infrastructure
Expand enterprise deployments across industries