Las Vegas startup RevReply raises $1M to automate sales responses
RevReply, an AI-powered sales automation platform, closed nearly $1 million in funding after placing as runner-up in AngelNV's recent pitch competition. The Henderson-based company, founded last year by Jay Wu and Ramsey Al-Ramahi, uses AI agents to respond to sales leads in an average of three minutes across email, social media, and messaging services.
Most sales automation tools handle outbound emails. RevReply targets a different problem: managing the replies that come back.
"There are a lot of solutions that send out emails but there are very few companies that can help you when people start replying to those," said Jeff Saling, co-founder of StartUpNV, the state's business incubator. "A whole bunch of those leads just essentially fall on the floor. Nothing happens to them."
How it works
RevReply deploys what's called agentic AI-a class of AI that integrates with other software systems to complete tasks with minimal human supervision. Unlike generative AI such as ChatGPT, AI agents make decisions and take actions independently, similar to how a human might.
The platform recently received an additional $200,000 investment from Berkeley SkyDeck, the University of California, Berkeley's official startup accelerator, which called RevReply the world's first autonomous conversion system.
What the money funds
RevReply plans to use most of the investment to hire technical talent to build out its core product: deploying dozens of specialized AI agents that find and execute optimal paths to conversion.
"While a lot of platforms focus on lead generation, RevReply strictly focuses on the lead conversion piece," Al-Ramahi said. "More often than not, we are at least doubling companies' conversions without adding anything more to the top funnel."
Riipen, a work-based learning platform and RevReply customer, almost tripled the amount of meetings it booked in the first month using the system.
The vision
Al-Ramahi, who previously worked at Apollo-a $1.6 billion AI-powered B2B sales platform-said RevReply aspires to become a focused alternative. "They have 1,000 things on the menu," he said. "We do one thing and we do one thing really, really well."
RevReply holds a 4.9-star rating on G2, a business software review platform, and is the youngest company on a list of 278 in its category.
Wu and Al-Ramahi met in 2023 on Y Combinator's co-founder matching platform. Wu brings technical expertise while Al-Ramahi brings sales experience-he worked in sales since childhood, when he helped his father sell ice cream from a truck after immigrating from Iraq at age 7.
"We were each other's yin to the yang," Al-Ramahi said.
Wu said one reason he partnered with Al-Ramahi was his vision for the company. "He told me this RevReply that we are building is going to become Apollo 2.0," Wu said. "We're both very excited and motivated to really push this forward."
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