Tech Company Secures Funding, Launches Software
INDIANAPOLIS - An Indianapolis-based startup is today launching its sales deal management software platform. Costello, which has created software to better align sales team members and managers to help close more deals, has also secured a $1 million round of funding.
The funding round led by Nebraska-based Dundee Venture Capital with help from other firms, including Elevate Ventures in Indianapolis, M25 Group in Chicago, and Service Provider Capital. The tech company says its software will help streamline the process of closing sales deals.
"We worked collaboratively with over 50 sales leaders and professionals to solve the most important challenge faced by sales reps and leaders: execution," said Costello Founder Frank Dale. "Before Costello, reps were forced to use ad-hoc tools like post-it notes and Google docs to guide sales conversations. Costello gives every sales rep a co-pilot for sales conversations, an analyst to improve performance, and an assistant to reduce admin burden."
Costello is headquartered at The Union 525 in downtown Indianapolis.