VANCOUVER, BC, May 21, 2025 /PRNewswire/
Wishpond Technologies Ltd. (TSXV: WISH) (OTCQX: WPNDF) (the "Company" or "Wishpond"), a provider of AI-enabled marketing-focused online business solutions, is pleased to announce that its SalesCloser AI ("SalesCloser") platform, an AI-enabled sales agent, achieved a key milestone with $1 million in Annual Recurring Revenue ("ARR")(1). This milestone reflects the growing demand for AI-driven sales automation solutions and the scalability of the Company's platform.
SalesCloser AI, Wishpond'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.
Ali Tajskandar, CEO of Wishpond, commented, "Reaching $1 million in ARR(1) with SalesCloser AI is a major milestone 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 in both our customer base and the number of AI agents deployed underscores the value that SalesCloser AI brings to our clients, driving both scalability and cost-effectiveness."
Ali Tajskandar further added, "Our progress with SalesCloser AI is just the beginning. 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. Our mission is to provide businesses with the most efficient, scalable, and cost-effective AI-driven solutions, and this milestone reinforces our ability to deliver on that promise."
SalesCloser AI represents Wishpond's commitment to transforming the sales and marketing industry with advanced artificial intelligence software. 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. 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.
Wishpond's continued success with SalesCloser AI aligns with the Company's broader strategy of 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.
To learn more, please visit the SalesCloser AI website: https://salescloser.ai/
Ali Tajskandar Chief Executive Officer Wishpond Technologies Ltd.
About Wishpond Technologies Ltd.
Wishpond is a Vancouver-based provider of AI-enabled marketing and sales solutions that help businesses grow more efficiently. The Company's vision is to create a fully autonomous AI-enabled platform that streamlines the entire customer acquisition journey, from lead generation and engagement to deal closure, enabling businesses to scale cost-effectively while driving higher conversions. Wishpond offers an all-in-one marketing suite that integrates AI-driven tools such as an AI Website Builder, AI Email Automation, and SalesCloser AI, a conversational AI-based virtual sales agent that leverages generative AI to conduct personalized sales calls and product demos, increasing efficiency, reducing costs, and enhancing customer satisfaction. With a focus on innovation, Wishpond has filed multiple patent applications in conversational AI, reinforcing its leadership in AI-enabled marketing automation. The Company serves small-to-medium-sized businesses across various industries, providing a powerful yet cost-effective alternative to fragmented marketing solutions. Wishpond 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. Wishpond 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.
(1) Non-GAAP Financial Measures
In this press release, Wishpond has used the following terms ("Non-GAAP Financial Measures") that are not defined by international financial reporting standards ("IFRS"), but are used by management to evaluate the performance of Wishpond and its business, including: ARR and MRR. These measures may also be used by investors, financial institutions and credit rating agencies to assess Wishpond's performance and ability to service debt. Non-GAAP Financial Measures do not have standardized meanings prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies...
Forward-Looking Statements
Statements that are not reported financial results or other historical information are forward-looking statements or forward-looking information within the meaning of applicable securities laws (collectively, "forward-looking statements"). This press release includes forward-looking statements regarding the Company, its subsidiaries and the industries in which they operate...
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SOURCE Wishpond Technologies Ltd.