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Coldreach (YC W23)

Find ready-to-buy leads + sound relevant with AI

Find who need your product right now, by spotting buying signals hidden in job posts, news, LinkedIn, and other public sources with AI, and suggests relevant messaging to stand out. Start booking 3x meetings without adding SDRs.

Top comment

Hey PH community 👋! We're pumped to launch Coldreach today - AI for finding leads that need your product right now. 🚀 We've helped 40+ sales teams book more and better meetings with decision makers from Fortune 500 to early-stage startups. 📖 Story behind the scenes 📖 @hankelbao and I founded 2x startups together, 3 pivots. I led sales in both startups and spent 1000+ hours on cold outbound - emails, LinkedIn, and cold calling - I've done it all. Till today, we still book 70% of sales meetings via outbound channels, with the help of our own tools (duh). Our previous idea was to build an AI SDR, for writing personalized cold emails at scale. To our surprise, we didn't see a big difference in performance of AI-personalized emails and a templated one: Open rate was higher, but our customers weren't booking a lot more sales meetings. Eventually we found the problem - Our users created lead lists with Apollo / ZoomInfo, based on filters like industry, size, and titles. Since no product can help everyone, 80-95% of people in the target list simply don't need their product at the time of outreach. Even with a perfect email, you can't sell a product to someone who doesn't need it. The realization led to the creation of Coldreach - AI for finding people who need you. 🤔 How does it work? Public information about a company, like job descriptions, positions hired, news, 10k reports, tell A LOT about their internal priorities and problems they face. We use AI to analyze them at scale, to find signals on who needs your help. ✅ Step 1: Tell us about your product - What problem it solves and who it is for ✅ Step 2: We suggest buying signals that indicate a need for your product Example signals 1. CRM integration product: Find who's hiring engineers, where the job description mentions building CRM integrations / experience with Salesforce API 2. Corporate Travel Planning: Find who hired 5+ positions that require frequent travels recently. ✅ Step 3: AI scans your ICP market, generates a target leads list, ranked by strength of the buying signals 📶 ✅ Step 4: AI highlights evidence for why they are ready to buy, and suggests the right messaging to scale relevant outreach + book 3x meetings We're looking forward to helping more sales teams crush quotas, and learn from your feedback to make Coldreach better!