Osborne Clarke advise on Jiminny Holdings’ £13.7m funding round
A team working in the Reading office of international law firm Osborne Clarke have advised conversation intelligence provider Jiminny Holdings on its £13.7 million series A funding round.
The funding round, which was led by equity firm Kennet Partners, will be used to fuel product development and international growth.
Osborne Clarke partner Robert Wood led the team assisting Jiminny, with support from Senior Associate Josephine Healy, Senior Associate Magnus Williams and Associate James Robertson.
Robert said: "Jiminny's cutting-edge technology highlights how embracing the benefits of the digital world can enhance businesses day-to-day operations.
“It was fantastic to support the company on its Series A funding round, which will allow further innovation and growth in international markets."
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Jiminny Holdings was founded in 2016. Its platform is used by sales teams to monitor and analyse customer conversations in real time, providing feedback to help improve performance and growth.
The financing will support Jiminny's recruitment and allow the company to double its research and development budget. It is currently focusing on developing solutions to analyse emotion in video, automated scoring of call interactions and real-time insights generated from live transcriptions to provide better performance visibility.
Tom Lavery, CEO and Founder of Jiminny, said: “I’m delighted to announce details of today’s funding round which will further propel Jiminny’s growth and enable us to keep supporting and serving our customers to the high standards we set.
“The pandemic saw a big uptick of interest in solutions that draw insights and analytics from customer conversations to enhance the productivity and internal cultures of hybrid sales teams.
“Our platform gives the whole revenue team visibility of performance like never before and helps them to collaborate and coach to drive tangible improvements across the team.
“Kennet’s investment is a resounding vote of confidence in a rapidly growing company and one of the fastest growing verticals in sales technology, despite current global economic headwinds."
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