Globality is a tech company based in Silicon Valley, founded by Joel Hyatt and Li or DelgoDelgo. It is the biggest AI-powered digital solution for strategic services. Its target is to connect companies globally for any need across every category of service with the best suppliers at the best prices. The company’s artificial intelligence solves the digital issues and overcomes backdated techniques for efficiency, proposal, and effectivity using outstanding suppliers who match the basic needs of their service, cutting off wastage and effective delivery. In January 2021, Globality raised funds from Sienna Capital and the SoftBank Vision fundings, increasing its investments up to $310.3 million. After the investment, the Vice-Chairman of Sienna Capital, Colin Hall, is joining the Board of Directors of Globality.
The funding round of Series E has led Globality to catalyze its vivid growth by additional investments in the capabilities of AI technology. It also supports the company to expand worldwide, improve its work, manage product-client teams, and elaborate its sales and marketing programs for brand awareness, to involve more enterprise customers and partners.
Sienna Capital is an alternative platform for investments of GBL, with support like direct investments, diversified asset managers, and co-investments made by strategic partnerships. GBL is named a leading investor in Europe, with listings for stock exchange of about sixty years and a net value of EUR 18 billion.
Sienna Capital added to SoftBank and others in a list of companies backing Globality, involving Al Gore, the former Vice-president; Ken Goldman, the former chief financial officer of Yahoo; Dennis Nally, former global chairman of PwC; John R. Joyce, the former chief financial officer of IBM; Scott Belsky, chief product officer at Adobe; Debra Polishook, former CEO of Accenture Operations and Mark Vorsatz, CEO of Andersen Tax.
Globality transforms high-value services by automating the demand for creation, identification of the supplier, evaluation of a proposal, and a self-serve pattern of consumer service powered by updated AI technologies.
The co-founder and CEO of Globality, Joel stated how Sienna Capital joining SoftBank for investing in their company has validated the achievements of the company on a global scale. He mentioned that enterprise customers look for innovation in solving while providing cost savings, value and efficiency to fulfill their service needs. He also said how the pandemic had accelerated the evolution of digital marketing and transformed the entire procedure of business.
Colin Hall, the Vice-Chairman of Sienna Capital was impressed by the depth of the leadership shown by Globality and the use of AI in its innovative platform to dramatically change global enterprise services. He confirmed to feel thrilled by investing in a business with such eminent prospects and wishes to help in fueling the growth of Globality to its next step. He showed pride in becoming a part of the team.
