- Wishpond Technologies (TSXV:WISH) has surpassed C$1 million in annual recurring revenue from its SalesCloser AI virtual sales agent
- The product now has over 150 customers that have deployed over 2,600 AI agents to date
- Wishpond is a Vancouver-based developer of artificial intelligence marketing and sales solutions
- Wishpond stock has given back 62.26 per cent year-over-year
Wishpond Technologies (TSXV:WISH), a provider of artificial intelligence (AI) marketing technology, has surpassed C$1 million in annual recurring revenue from its SalesCloser AI virtual sales agent. The product uses generative AI to make sales calls and product demonstrations with the goal of increasing conversions, lowering costs and improving the customer experience.
SalesCloser AI now has over 150 customers that have deployed over 2,600 AI agents to date, making it the fastest-growing product in Wishpond’s portfolio, with momentum gaining steam mostly in 2025. According to Wednesday’s news release, “this growth underscores the rising demand for AI-driven sales solutions that streamline operations, reduce costs and enhance efficiency for businesses.”
Wishpond intends to develop AI solutions across the customer acquisition journey, complementing its existing portfolio including AI Website Builder, AI Email Automation and AI Ad Management.
The company’s grand growth plans deserve conviction thanks to the quality of its income statements and balance sheet, as highlighted by:
- Record adjusted EBITDA in 2024, up by 129 per cent year-over-year.
- A demonstrated track record of reducing operating losses and current liabilities since 2021.
- Profitable growth expected to accelerate in 2025 driven by SalesCloser AI demand.
Interested investors can continue their due diligence by reading the company’s latest investor presentation.
Leadership insights
“Reaching C$1 million in ARR with SalesCloser AI is a major milestone for Wishpond and further solidifies our position in AI-powered sales automation,” Ali Tajskandar, Wishpond Technologies’ chief executive officer, said in a statement. “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.”
“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,” Tajskandar added. “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.”
About Wishpond Technologies
Wishpond is a Vancouver-based developer of AI marketing and sales solutions.
Wishpond stock (TSXV:WISH) is up by 5.26 per cent on the news trading at C$0.20 as of 9:46 am ET. The stock has given back 62.26 per cent year-over-year.
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