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Louisa AI picks up $5 Mn from clutch of investors

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Sales enablement platform Louisa AI has picked up $5 million in its maiden funding round co-led by Oxford University’s investment arms, Palm Drive VC, Evolution VC, Nucleus VC, Gaingels along with the participation of ex-Goldman Sachs partners, US-based venture capitalist Sandiip Bhammer, and others. The proceeds will be deployed towards improving its technology design and refining products among others, Louisa said in a press release. The firm originated and conceptualized at Goldman Sachs but it was spun out as an independent entity in 2023. It eliminates conflicts of interest and provides unbiased and effective connections to gather collaborative intelligence for efficient and better sales mechanisms. Founded by former Goldman Sach managing director Rohan Doctor, Louisa AI leverages network effects, transforming sales enablement and deal-making across industries including asset management, banking, financial infrastructure, private markets and technology among others. According to its website, the company has over 50,000 users and its products are being used by Goldman Sach and Insight Partners.