Demodesk: $8m Series A to continue developing sales demo platform

Demodesk announced an $8m Series A round led by Balderton Capital with participation from Target Global. The company has now raised a total of $10.3m including its seed round announced last year.

Demodesk has built a platform to deliver online sales demos remotely with a dash of intelligence to help busy sales people set up the meetings in a more automated fashion. Even though the startup wasn’t thinking about raising money until next year, COVID has accelerated the need for a tool like this in the market, says CEO and co-founder Veronika Riederle.