Landbase, the leader in agentic AI for go-to-market, announced the acquisition of LavaReach, a Toronto-based company offering an AI-powered prospect research tool. This strategic move reinforces Landbase’s commitment to leading the industry in AI-powered automation and aligns with its acquisition plans based on projected market consolidation in 2025.
Founded in 2023, LavaReach achieved remarkable milestones with a lean, high-performing team. Co-founders Daniel Zhao and YiMing Han will join Landbase and use their deep technical skills and AI prowess to accelerate the scaling of Landbase’s go-to-market automation solutions. The acquisition process moved at an unprecedented speed and was completed within a week.
“What Daniel and YiMing built as a two-person bootstrapped company is phenomenal,” Daniel Saks, CEO and co-founder of Landbase stated. “I connected with them after receiving a well-crafted cold outreach message, and after speaking with them, we quickly recognized our shared vision for the industry and the opportunity to bring together a team with both deep technical expertise and a strong execution mindset.”
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The AI landscape is evolving rapidly. The rise of ChatGPT in 2023 marked the beginning of AI’s momentum, and 2024 has been about execution and rapid product launches. With the industry projected to move toward consolidation in 2025, Landbase is positioning itself at the forefront of this next wave of transformation. As Landbase integrates LavaReach, the focus will be on scaling their combined capabilities, driving further innovation in omnichannel outreach, and shaping the future of AI-driven go-to-market automation.
“We are thrilled to be joining such a seasoned team and helping drive innovation in a fast-moving market,” shared Daniel Zhao, Co-founder and CEO of LavaReach. “The rapid execution of the deal by Landbase speaks to their ability to drive urgency and seize high-value opportunities, something we are passionate about at LavaReach.”
SOURCE: Businesswire