Lehi, Utah – Alysio, a leading player in people performance management for sales organizations, is excited to announce a significant milestone – the successful closure of a $1.4 million pre-seed investment round, spearheaded by Kickstart Fund based in Cottonwood Heights, Utah. This round also saw participation from prominent investors like Village Global from San Francisco, SaaS Ventures from Miami, Capital Eleven from Boise, and Upstream Ventures from Salt Lake City. Adding to the roster of backers, Alysio proudly welcomes three distinguished strategic angels to its investor community: Michael Levinthal from Park City, formerly associated with Mayfield Fund, Doug Merritt, CEO, and President of Aviatrix, and Curtis Anderson, CEO of Nursa.
Alysio, headquartered in Lehi, Utah, is driven by a profound mission – to revolutionize sales performance management, enabling organizations to unlock the true potential of their revenue generating teams. Their focus lies in optimizing productivity, enhancing engagement, and delivering remarkable results.
Aaron McReynolds, the CEO, and Co-Founder of Alysio, shared his excitement about this significant funding milestone, stating, "We are thrilled to announce the successful completion of our latest funding round and welcome our new strategic partners. This funding is a testament to the value and application of our platform, which empowers sales organizations to unlock their full potential and drive exceptional business growth. We are excited to use this investment to fuel our next growth phase and continue delivering innovative solutions to our customers."
Alysio owes its inception to the experiences and insights of its co-founders, Aaron McReynolds and Ryan Harris, who both boast extensive careers as sales representatives and managers. Having faced various challenges, obstacles, and inefficiencies throughout their careers, they recognized the need for a solution that could address these pain points and drive success, especially in the challenging sales landscape faced by startups today.
The Alysio platform is designed to leverage advanced analytics, artificial intelligence, and automation to provide sales teams with actionable insights and real-time visibility into their performance. By harnessing data-driven tools and intelligent coaching capabilities, sales leaders can effectively manage and motivate their teams, identify performance gaps, and make informed decisions to drive revenue growth.
McReynolds emphasized the company's commitment to improving sales team predictability, stating, "The frustrations we faced ignited a passion within us to develop a solution that would alleviate these issues and revolutionize the way sales teams succeed. In this environment, sales teams no longer have the luxury of hoping for positive results each quarter, they need to be as predictive as possible. Alysio helps teams stay focused and accountable while rewarding those efforts that historically went unnoticed, but we know are critical to success."
Kickstart's Partner, Kat Kennedy, expressed her confidence in Alysio's platform, saying, "The Alysio team understands software sales. That is clear as soon as you see the platform. Every sales leader needs to be confident their reps are productive, and Alysio addresses that critical need. We believe that Alysio is well-positioned to disrupt the market and drive significant impact, and we are excited to support their growth journey."
Alysio's funding round also attracted strategic angels who bring valuable expertise and industry insights to the table. The company is thrilled to have their support and looks forward to leveraging their guidance as it continues to expand and refine its offering.
Founded in October 2022 by ex-Goldman Sachs co-workers Aaron McReynolds and Ryan Harris, Alysio has built on their successful sales careers at Qualtrics, Okta, and Lacework. "We are thrilled about entering this next phase, driven by an exceptional group of partners supporting us," said Ryan Harris, Alysio Co-founder. "Having identified a distinct need in the market, we eagerly anticipate continuing to deliver an impactful solution to sales teams." With the backing of their investors and strategic angels, Alysio is poised to make significant strides in reshaping the future of sales performance management."