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Automated Data-Driven Presentation Platform Matik, Raises $20 Million Series A Led by Andreesen Horowitz

After growing its business 3x since the beginning of 2021, Matik will use latest funding to expand product offering to teams beyond sales and go-to-market


SAN FRANCISCO – WEBWIRE

Matik, a platform that makes it easy to create personalized Google Slides or Powerpoint presentations for all data-driven organizations, specifically sales and customer success teams, today announced it has raised $20 million in Series A funding led by Andreessen Horowitz (a16z) with Menlo Ventures’ Naomi Ionita, BoxGroup, and Oceans Ventures participating as well. Notable angel investors participating include GTM Fund, Keenan Rice (Tokyo Black and part of the founding team at Looker), former COO of Gainsight Allison Pickens, former SVP of Growth At SurveyMonkey, Elena Verna, and current CCO at Box, Jon Herstein. a16z General Partner Kristina Shen will join Matik’s Board of Directors as part of the raise.

Matik automatically imports content from the appropriate data sources to generate personalized Google Slides or Powerpoint presentations in minutes, to help enterprise and mid-market companies save money, help convert, and retain customers. By speeding up that manual, time-intensive process, Matik empowers customer success and sales teams to focus on more strategic work with customers and prospects. The platform pulls directly from a company’s own data sources so information is always up-to-date, ensuring the right presentation is generated for the right occasion with the latest data and brand guidelines. 

Customers like Glassdoor, KeepTruckin, Hover, Handshake, and others have saved thousands of hours across their go-to-market teams. Handshake has saved more than 4,500 hours by scaling data driven insights across sales and customer success teams.

With Matik, organizations enjoy:

  1. Time Savings — What used to take teams several hours to put together for each client, now takes minutes with Matik. Content is dynamic so presentations are completely editable after they’re generated.
  2. Data Integration — Matik seamlessly connects PowerPoint or Google Slide templates to the most commonly-used data sources, including Redshift, MySQL, Snowflake, Presto, Postgres, Looker, Tableau Salesforce, a Google Sheet, or even a custom API.
  3. Scale Narratives — Easily create and manage a library of templates for all the different touchpoints in the customer lifecycle to empower your teams with data-driven narratives at scale. 

“Matik delivers a tangible and sizable ROI for its customers,” said Shen. “By eliminating manual, time-intensive processes for go-to-market teams, Matik makes companies exponentially more efficient at closing deals and directly contributing to an organization’s bottom line.”

“I’ve been a big believer in Nik and Zak from the early days of Matik,” said Naomi Ionita, partner at Menlo Ventures and lead seed investor in Matik. “They bring deep domain expertise - Nik having built a version of Matik as an internal tool at LinkedIn, and Zak having scaled Box from early days to IPO. Together, they have an uncanny ability to wow customers. I’m thrilled to continue our partnership and see Matik become a truly iconic company.”

“The market response to our product has been tremendous and provided invaluable insight into how customer success and sales teams generate maximum value for their organizations,” said Nikola Mijic, co-founder and CEO of Matik. “This latest funding allows us to now apply those learnings and expand into other parts of the business and other use cases beyond customer success and sales. Our long term vision is to enable users to leverage the dynamic content they create in Matik across different narrative types.”

For more information, visit matik.io

About Matik
Matik automates the creation of personalized data-driven presentations by connecting to the appropriate data sources and transforming content from static to dynamic - whether it be text, charts, images, tables, etc. Types of presentations today include quarterly business reviews, pricing proposals, and one-pagers, which usually take sales and customer success reps hours to construct per account, driven by extensive number-crunching, painstaking formatting, and data pulling from various disparate sources such as CRMs (Salesforce), BI/visualization tools (Looker), and data warehouses (Redshift, BigQuery, Snowflake, etc.). With Matik, what used to take hours is reduced to minutes. Matik delivers ROI by not only reducing the time it takes for employees to generate presentations but also allows for expansion in account coverage. For more information, please visit matik.io.

 


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