Prosperity7 Ventures Invests in Rox’s $100 Million Series B, Valuing the AI Startup at $1.3 Billion

Prosperity7 Ventures, the venture capital fund affiliated with Aramco, has participated in Rox’s $100 million Series B funding round, bringing the AI startup’s valuation to $1.3 billion.

Rox, a company specializing in AI-powered sales automation, has raised $100 million in a Series B funding round, with participation from Prosperity7 Ventures, marking another investment in the growing market for AI-driven business solutions.

Rox develops specialized AI agents designed to automate corporate sales operations, covering key functions such as lead generation, meeting scheduling, and deal management. Its technology aims to streamline sales workflows through intelligent automation.

The company has demonstrated significant early growth, with its annual recurring revenue (ARR) increasing more than tenfold in its first year. Its current customer portfolio includes well-known companies such as Puma, Groq, and Ramp. Following the latest funding round, Rox reached a valuation of $1.3 billion.

The Series B round was led by General Catalyst and March Capital, with participation from Sequoia Capital, Factory, Databricks, and Prosperity7 Ventures.

Rox plans to allocate the newly raised capital toward advancing AI research, developing customized models, and expanding its customer base across several industries, including healthcare, industrial, financial services, energy, and technology.

The investment highlights continued investor interest in AI-powered enterprise solutions, particularly technologies focused on automating business operations and transforming corporate sales processes.