Tome's founders ditch viral presentation app with 20M customers to construct AI-native CRM Lightfield

Editorial Team
19 Min Read



Lightfield, a buyer relationship administration platform constructed totally round synthetic intelligence, formally launched to the general public this week after a 12 months of quiet growth — a daring pivot by a startup that after had 20 million customers and $43 million within the financial institution constructing one thing utterly completely different.

The San Francisco-based firm is positioning itself as a elementary reimagining of how companies observe and handle buyer relationships, abandoning the handbook knowledge entry that has outlined CRMs for many years in favor of a system that mechanically captures, organizes, and acts on buyer interactions. With greater than 100 early clients already utilizing the platform day by day — over half spending greater than an hour per day within the system — Lightfield is a direct problem to the legacy enterprise fashions of Salesforce and HubSpot, each of which generate billions in annual income.

"The CRM, categorically, is maybe essentially the most advanced and lowest satisfaction piece of software program on Earth," stated Keith Peiris, Lightfield's co-founder and CEO, in an unique interview with VentureBeat. "CRM corporations have tens of tens of millions of customers, and also you'd be hard-pressed to discover a single one who truly loves the product. That drawback is our alternative."

The basic availability announcement marks an uncommon inflection level in enterprise software program: an organization betting that giant language fashions have superior sufficient to switch structured databases as the muse of business-critical techniques. It's a wager that has attracted backing from Coatue Administration, which led the corporate's Sequence A when it was nonetheless constructing presentation software program underneath the identify Tome.

How Tome's founders deserted 20 million customers to construct a CRM from scratch

The story behind Lightfield's creation displays each conviction and pragmatism. Tome had achieved important viral success as an AI-powered presentation platform, gaining tens of millions of customers who appreciated its visible design and ease of use. However Peiris stated the crew concluded that constructing lasting differentiation within the general-purpose presentation market would show tough, even with a working product and actual consumer traction.

"Tome went viral as an AI slides product, and it was visually pleasant and straightforward to make use of—the primary actual generative AI-based presentation platform," Peiris defined. "However, the extra individuals used it, the extra I noticed that to essentially assist individuals talk one thing—something—we wanted extra context."

That realization led to a elementary rethinking. The crew noticed that the best communication requires deep understanding of relationships, firm dynamics, and ongoing conversations — context that exists most richly in gross sales and customer-facing roles. Moderately than constructing a horizontal software for everybody, they determined to construct vertically for go-to-market groups.

"We selected this lane, 'gross sales,' as a result of so many individuals in these roles used Tome, and it appeared like essentially the most logical place to go vertical," Peiris stated. The crew diminished headcount to a core group of engineers and spent a 12 months constructing in stealth.

Dan Rose, a associate at Coatue who led the unique funding in Tome, stated the pivot validated his conviction within the founding crew. "It takes actual guts to pivot, and much more so when the unique product is working," Rose stated. "They shrunk the crew all the way down to a core group of engineers and started working constructing Lightfield. This was not a simple product to construct, this can be very advanced underneath the hood."

Why Lightfield shops full conversations as a substitute of forcing knowledge into fields

What distinguishes Lightfield from conventional CRMs is architectural, not beauty. Whereas Salesforce, HubSpot, and their opponents require customers to outline inflexible knowledge schemas upfront — dropdown menus, customized fields, checkbox classes — after which manually populate these fields after each interplay, Lightfield shops the entire, unstructured report of what clients truly say and do.

"Conventional CRMs power each interplay by means of predefined fields — they're compressing wealthy, nuanced buyer conversations into structured database entries," Peiris stated. "We retailer buyer knowledge in its uncooked, lossless type. Which means we're capturing considerably extra element and context than a standard CRM ever might."

In apply, this implies the system mechanically data and transcribes gross sales calls, ingests emails, displays product utilization, and maintains what the corporate calls a "relationship timeline" — an entire chronological report of each touchpoint between an organization and its clients. AI fashions then extract structured data from this uncooked knowledge on demand, permitting corporations to reorganize their knowledge mannequin with out handbook rework.

"For those who notice you want completely different fields or need to reorganize your schema totally, the system can remap and refill itself mechanically," Peiris defined. "You're not locked into selections you made on day one while you barely understood your gross sales course of."

The system additionally generates assembly preparation briefs, drafts follow-up emails based mostly on dialog context, and may be queried in pure language — capabilities that symbolize a departure from the passive database mannequin that has outlined CRMs because the class's inception within the Nineteen Eighties.

Gross sales groups report reviving useless offers and chopping response occasions from months to days

Buyer testimonials counsel the automation delivers measurable impression, notably for small groups with out devoted gross sales operations workers. Tyler Postle, co-founder of Voker.ai, stated Lightfield's AI agent helped him revive greater than 40 stalled alternatives in a single two-hour session — leads he had uncared for for six months whereas utilizing HubSpot.

"Inside 2 days, 10 of these have been revived and have become energetic opps that moved to poc," Postle stated. "The issue was, as a substitute of being a software of motion and autotracking—HubSpot was a software the place I needed to do the work to report buyer convos. Utilizing HubSpot I used to be a knowledge hygienist. Utilizing Lighfield, I’m a more in-depth."

Postle reported that his response occasions to prospects improved from weeks or months to at least one or two days, a change noticeable sufficient that clients commented on it. "Our prospects and clients have even observed it," he stated.

Radu Spineanu, co-founder of Humble Ops, highlighted a particular function that addresses what he views as the first reason behind misplaced offers: easy neglect. "The killer function is asking 'who haven't I adopted up with?'" Spineanu stated. "Most offers die from neglect, not rejection. Lightfield catches these dropped threads and might draft and ship the follow-up instantly. That's prevented at the very least three offers from going chilly this quarter."

Spineanu had evaluated competing trendy CRMs together with Attio and Clay earlier than choosing Lightfield, dismissing Salesforce and HubSpot as "constructed for a special period." He stated these platforms assume corporations have devoted operations groups to configure workflows and preserve knowledge high quality — sources most early-stage corporations lack.

Why Y Combinator startups are rejecting Salesforce and beginning with AI-native instruments

Peiris claims that the present batch of Y Combinator startups — extensively seen as a bellwether for early-stage firm conduct — have largely rejected each Salesforce and HubSpot. "For those who have been to ballot a random sampling of present YC startups and ask whether or not they're utilizing Salesforce or HubSpot, the overwhelming reply can be 'no,'" he stated. "Salesforce is just too costly, too advanced to arrange, and albeit doesn't do sufficient to justify the funding for an early-stage firm."

In response to Peiris, most startups start with spreadsheets and ultimately graduate to a primary CRM — a transition level the place Lightfield goals to intercede. "More and more, they're selecting Lightfield as a substitute and skipping that intermediate step totally," he stated.

This represents a well-known sample in enterprise software program disruption: a brand new era of corporations forming habits round completely different instruments, creating a gap for challengers to ascertain themselves earlier than companies develop massive sufficient to face stress towards industry-standard platforms.

Rose, the Coatue associate, sees Lightfield's technique as intentionally focusing on this window. "Our technique is to construct rapidly and develop alongside our greatest clients, primarily changing into the Salesforce for this new era of corporations," Rose stated, paraphrasing the corporate's method. "We're there at first after they're forming their processes, and we scale with them as they develop."

Can Salesforce and HubSpot retrofit their legacy techniques for AI, or is the structure too outdated?

Each Salesforce and HubSpot have introduced AI options in latest quarters, including capabilities like dialog intelligence and automatic knowledge entry to their present platforms. The query going through Lightfield is whether or not established distributors can incorporate comparable capabilities—leveraging their present buyer bases and integrations — or whether or not elementary architectural variations create a real moat.

Peiris argues the latter. "The elemental distinction is in how we retailer knowledge," he stated. "As a result of we’ve entry to that full context, the evaluation we offer and the work we generate tends to be considerably increased high quality than instruments constructed on high of conventional database buildings."

Current dialog intelligence instruments like Gong and Income.io, which analyze gross sales calls and supply teaching insights, already serve comparable capabilities however require Salesforce situations to function. Peiris stated Lightfield's benefit comes from unifying all the knowledge mannequin somewhat than layering evaluation on high of fragmented techniques.

"We now have a extra full image of every buyer as a result of we combine firm data, communication sync, product analytics, and full CRM element multi functional place," he stated. "That unified context means the work being generated in Lightfield—whether or not it's evaluation, follow-ups, or insights—tends to be considerably increased high quality."

The privateness and accuracy issues that include AI-automated buyer interactions

The structure creates apparent dangers. Storing full dialog histories raises privateness issues, and counting on massive language fashions to extract and interpret data introduces the opportunity of errors—what AI researchers name hallucinations.

Peiris acknowledged each points instantly. On privateness, the corporate maintains that decision recording follows customary practices, with seen notifications that recording is in progress, and that storing gross sales correspondence mirrors what CRM distributors have performed for many years. The corporate has achieved SOC 2 Kind I certification and is pursuing each SOC 2 Kind II and HIPAA compliance. "We don't practice fashions on buyer knowledge, interval," Peiris stated.

On accuracy, he was equally forthright. "In fact it occurs," Peiris stated when requested about misinterpretations. "It's unimaginable to utterly get rid of hallucinations when working with massive language fashions."

The corporate's method is to require human approval earlier than sending buyer communications or updating essential fields — positioning the system as augmentation somewhat than full automation. "We're constructing a software that amplifies human judgment, not one which pretends to switch it totally," Peiris stated.

This can be a extra cautious stance than some AI-native software program corporations have taken, reflecting each technical realism about present mannequin capabilities and potential legal responsibility issues round customer-facing errors.

How Lightfield plans to consolidate ten completely different gross sales instruments into one platform

Lightfield's pricing technique displays a broader thesis about enterprise software program economics. Moderately than charging per-seat charges for a degree answer, the corporate is positioning itself as a consolidated platform that may substitute a number of specialised instruments — gross sales engagement platforms, dialog intelligence techniques, assembly assistants, and the CRM itself.

"The true drawback is that operating a contemporary go-to-market perform requires cobbling collectively 10 completely different impartial level options," Peiris stated. "Once you pay for 10 separate seat licenses, you're primarily paying 10 completely different corporations to resolve the identical foundational issues again and again."

The corporate operates primarily by means of self-service signup somewhat than enterprise gross sales groups, which Peiris argues permits for decrease pricing whereas sustaining margins. This can be a widespread playbook amongst trendy SaaS corporations however represents a elementary distinction from Salesforce's mannequin, which depends closely on direct gross sales and buyer success groups.

Whether or not this method can help a sustainable enterprise at scale stays unproven. The corporate's present buyer base skews closely towards early-stage startups—greater than 100 Y Combinator corporations, based on the corporate — a phase with restricted budgets and excessive failure charges.

Rose views this as a deliberate technique somewhat than a limitation. "Many startups that survive achieve this as a result of they’ve robust fundamentals," he stated, explaining the corporate's thesis. "The truth is that many startups scale terribly quick — they go from 10 individuals to enterprise-sized corporations in only a few years."

The guess is that Lightfield turns into the system of report for a cohort of fast-growing corporations, ultimately creating an put in base corresponding to how Salesforce established itself a long time in the past. Whether or not AI capabilities alone present adequate differentiation to execute that technique—or whether or not incumbents can adapt rapidly sufficient to defend their positions—will seemingly decide the corporate's trajectory.

The true take a look at: whether or not gross sales groups will belief AI sufficient to let it run their enterprise

The corporate has outlined a number of areas for growth, together with an open platform for workflows and webhooks that may enable third-party integrations. Early clients have particularly requested connections with instruments like Apollo for prospecting and Slack for crew communication — gaps that Postle, the Voker.ai founder, acknowledged however dismissed as short-term.

"The truth that HS and Salesforce have these integrations already isn't a moat," Postle stated. "HS and Salesforce are going to lose to lightfield as a result of they aren't AI native, regardless of how a lot they attempt to faux to be."

Rose highlighted an uncommon use case that emerged throughout Lightfield's personal growth: the corporate's product crew used the CRM itself to investigate buyer conversations and establish function requests. "On this sense, Lightfield greater than only a gross sales database, it's a buyer intelligence layer," Rose stated.

This implies potential functions past conventional gross sales workflows, positioning the system as infrastructure for any perform that requires understanding buyer wants—product growth, buyer success, even advertising and marketing technique.

For now, the corporate is concentrated on proving the core worth proposition with early-stage corporations. However the broader query Lightfield raises extends past CRM software program particularly: whether or not AI capabilities have superior sufficiently to switch structured databases as the muse of enterprise techniques, or whether or not the present era of enormous language fashions stays too unreliable for business-critical capabilities.

The reply will seemingly emerge not from technical benchmarks however from buyer conduct—whether or not gross sales groups truly belief AI-generated insights sufficient to base selections on them, and whether or not the effectivity positive aspects justify the inherent unpredictability of working with techniques that approximate somewhat than calculate.

Lightfield is betting that the trade-off has already shifted in favor of approximation, at the very least for the tens of millions of salespeople who presently view their CRM as an impediment somewhat than an asset. Whether or not that guess proves appropriate will assist outline the following era of enterprise software program.

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