Redcar Secures 5.3 Million in Seed Funding for AI Sales Agent Platform

Redcar, a startup developing advanced AI sales agents, has secured $5.3 million in a seed funding round led by Khosla Ventures, with pre-seed funding led by humbition. The investment round attracted notable industry and AI leaders, including:

• Elias Torres (Co-Founder and CTO of Drift, CEO of Agency)
• Rob Goldman (Former VP at Meta, Indiegogo Board Member)
• Stan Chudnovsky (Former VP of Meta for Messenger)
• David Patterson (Turing Award Recipient, Co-Inventor of RISC and RAID)
• Siqi Chen (CEO of Runway)
• Nancy Xu (CEO of Moonhub)

Addressing Sales Inefficiencies

Sales teams currently spend less than 50% of their time actually selling, with the remainder dedicated to manual tasks like lead research, outreach emails, and meeting preparation. Traditional sales tools often impose rigid processes, leading to inefficiencies and missed opportunities.

Redcar’s solution is AI-powered sales agents that adapt to a company’s unique workflow. Their flagship product, the F1 Agent, mimics the strategies of top-performing sales representatives. Powered by the AgentExpress platform, it automates:

• Lead research and qualification
• Personalized messaging
• Data aggregation from public and proprietary sources

This automation allows human reps to focus on closing deals.

Founding Team Expertise

Redcar’s founding team brings deep expertise in automation, go-to-market strategy, and AI product development:

• Jeff Chen (CEO): Previously sold startups to Google and Zynga, played a key role in launching Google Assistant, and built Skyvi (the largest AI assistant on Android at the time).
• Er Jia (CJ) Jiang (Head of Growth): Developed multimillion-dollar expansion strategies at BCG.
• Ben Wu: Built widely used automation tools since college.

Future Plans

The new funding will be used to:

• Expand engineering and product teams
• Onboard new customers
• Accelerate development of the AgentExpress platform
• Explore applications in recruiting, marketing, and customer success

Key Quotes

"Our mission is to create agents that 10X your reps’ performance. F1 adapts to your best reps’ playbooks and works tirelessly in the background to make every seller more effective. We believe this is the future of sales – and of work in general."
– Jeff Chen, CEO and co-founder of Redcar

"Redcar is trying to solve the core problem their founders faced running previous startups: spending too much time generating leads instead of closing customers. Their full-stack AI puts an SDR in reach of any company by bringing automation to the front end of the sales motion."
– Jon Chu, Partner at Khosla Ventures

Redcar is already gaining traction with B2B teams using the F1 Agent to meet quotas more efficiently. The company’s vision extends beyond sales, aiming to redefine how AI agents enhance productivity across multiple business functions.