Wishpond’s SalesCloser AI Achieves Key Milestone with $1 Million in Annual Recurring Revenue
In a significant development, Wishpond Technologies Ltd., a Vancouver-based provider of AI-enabled marketing and sales solutions, has announced that its SalesCloser AI platform has achieved a key milestone with $1 million in Annual Recurring Revenue (ARR). This milestone reflects the growing demand for AI-driven sales automation solutions and the scalability of the Company’s platform.
According to a statement released by Wishpond Technologies Ltd., SalesCloser AI, the Company’s innovative virtual sales assistant, has demonstrated exciting growth, with over 150 customers and over 2,600 AI-powered agents deployed to date. It has quickly become Wishpond’s fastest-growing product, with the majority of its momentum occurring in 2025. This growth underscores the rising demand for AI-driven sales solutions that streamline operations, reduce costs, and enhance efficiency for businesses.
"We are pleased to announce that our SalesCloser AI platform has achieved $1 million in ARR," said Ali Tajskandar, CEO of Wishpond Technologies Ltd.. "Reaching this milestone is a major achievement for Wishpond and further solidifies our position in AI-powered sales automation. We’ve seen an increase in demand for our platform, particularly in recent months, as businesses increasingly recognize the potential of AI to revolutionize the sales process."
The growth of SalesCloser AI is a significant development for Wishpond Technologies Ltd., which has been focused on developing AI-driven solutions that streamline the entire customer acquisition journey. The Company’s deep expertise in AI technology, combined with its focus on innovation, has positioned it as a leader in AI-enabled marketing and sales automation.
Wishpond’s SalesCloser AI platform is part of its broader fully autonomous portfolio of AI-powered marketing solutions, which includes tools such as the AI Website Builder, AI Email Automation, and AI Ad Management. Together, these tools help businesses generate and nurture leads, close deals faster, and optimize their marketing efforts, all while driving greater efficiency and reducing costs.
As AI continues to redefine business operations, SalesCloser AI is at the forefront of this transformation, providing businesses with a powerful tool to scale efficiently. The platform leverages generative AI to conduct personalized sales calls and product demos, helping businesses increase conversions, reduce customer acquisition costs, and enhance customer satisfaction.
"Our progress with SalesCloser AI is just the beginning," added Ali Tajskandar. "We are currently in the process of beta-testing several new AI agents, including a Customer Support AI Agent and Call Receptionist AI Agent. As we continue to innovate and expand our platform’s capabilities, we are excited to see even more growth in the coming months."
Wishpond Technologies Ltd. serves small-to-medium-sized businesses across various industries, providing a powerful yet cost-effective alternative to fragmented marketing solutions. The Company employs a Software-as-a-Service (SaaS) business model, generating most of its revenue from subscription-based recurring revenue, which ensures strong revenue predictability and cash flow visibility while continuously expanding its AI capabilities.
The Company is listed on the TSX Venture Exchange under the ticker "WISH" and on the OTCQX Best Market under the ticker "WPNDF". For further information, visit: www.wishpond.com.
In terms of Non-GAAP Financial Measures, Wishpond Technologies Ltd. uses Annual Recurring Revenue (ARR) and Monthly Recurring Revenue (MRR) to evaluate the performance of the Company and its business. ARR is calculated by multiplying total MRR by 12, while MRR is the total of all monthly subscription plan fees paid by customers in effect on the last day of that period.
The Company cautions that its forward-looking statements are subject to numerous risks and uncertainties, including economic uncertainty and instability, pandemic-related risks, and risks associated with data breaches and privacy. Readers are advised to carefully consider these factors when evaluating the Company’s prospects.
The information in this article is sourced from Wishpond Technologies Ltd. and was accessed via a press release dated May 21, 2025. The Company disclaims any intention and has no obligation or responsibility, except as required by law, to update or revise any forward-looking statements.
