Market intelligence platform, MarketSizer, has announced the closing of its pre-seed funding, totalling €1M. This round was led by venture capital firm Delta Partners with additional support from Enterprise Ireland and angel investors.
The capital will be used to develop new features in the platform, accelerate additional job creation and help to support expansion into the UK and US market.
Founded in 2023 by Niall O’Gorman, MarketSizer aggregates millions of data points to deliver real-time intelligence, helping businesses identify high-probability targets, optimise sales, improve marketing efforts and increase customer retention. MarketSizer is quickly positioning itself as a leader in the market intelligence space for SaaS companies, with future plans to expand into other sectors and markets.
Niall O’Gorman, Founder and CEO at MarketSizer, commented: “Our pre-seed funding marks a significant milestone for MarketSizer, enabling us to expand our reach and enhance our platform. With over 25 years in the tech industry, I founded MarketSizer to address a critical gap in the SaaS sales process. Our mission is to turn vast datasets into actionable insights, helping sales teams target the right opportunities at the right time.
“The sales intelligence market is projected to grow from $3.8 billion in 2023 to $9.2 billion by 2032. MarketSizer aims to capture a substantial share of this expanding market. The future of business growth lies in making swift, data-driven decisions, and MarketSizer’s insights empower companies to stay ahead, adapt, and seize opportunities, defining the next generation of market intelligence.”
In MarketSizer, O’Gorman leverages decades of extensive experience in scaling ventures and first-hand knowledge of the challenges businesses face regarding market intelligence, having previously been one of the founders of ChannelSight.
Dermot Berkery, Partner at Delta Partners, commented: “In a market where leading SaaS companies are facing growth challenges, MarketSizer’s innovative approach to subscription intelligence is a standout. We believe in their vision and expertise to transform data-driven decision-making. We are excited to support their international growth and continued development.”
Anne Lanigan, Divisional Manager of Technology and Services at Enterprise Ireland, commented: “Pioneering Irish innovators are having a global impact as they develop world-class innovations and cutting-edge solutions, and MarketSizer is a great example. Enterprise Ireland is committed to supporting Irish companies like MarketSizer to start and scale, in order to achieve their global ambition. We are proud to support MarketSizer on this journey, including providing Pre Seed and Innovative HPSU funding. I would like to congratulate Niall and the team on this important milestone. ”
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