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Conversion Secures $30 Million in Funding, disrupting Legacy Marketing Automation with AI
San Francisco, CA – October 27-29, 2025 – Conversion, a startup focused on modernizing marketing automation, has announced a significant milestone, raising a total of $30 million across its seed and Series A funding rounds. The company, founded by young entrepreneurs who famously lived frugally in shared accommodations to prioritize product advancement, is now experiencing rapid growth, nearing $10 million in Annual Recurring Revenue (ARR) within its first two years.
The company’s trajectory began with extensive “customer discovery” interviews, where founders engaged with approximately 160 VPs of marketing from businesses with 50 to 500 employees. This deep dive revealed a consistent pain point: while marketing teams had existing tools deeply integrated into their workflows, they expressed widespread dissatisfaction with the aspects of their operations that remained unautomated.
This insight fueled the development of Conversion’s core offering.The startup has successfully integrated artificial intelligence directly into its platform, enabling functionalities such as enriching contact data and automating personalized follow-up emails. This AI-first approach addresses the evolving needs of marketing teams, particularly in the wake of the widespread adoption of generative AI technologies like ChatGPT.
Conversion’s strategy centers on targeting businesses currently reliant on older, legacy marketing automation platforms. By offering a more advanced, AI-powered choice, the company aims to capture market share from established players such as HubSpot, Adobe Marketo, and Salesforce Pardot. This focus differentiates Conversion from AI-native startups like Jasper and writer AI, as well as other marketing technology providers.
The company’s success has allowed its founders to transition from their initial austere living situation – sharing a two-bedroom apartment with five roommates – to more autonomous housing. This financial stability reflects the company’s strong market performance and its ability to attract significant investment in a competitive landscape.