Renoworks names Madan Murthy as VP of sales

Renoworks Software Inc. (TSXV: RW) (OTC: ROWKF) has appointed Madan Murthy as Vice President of Sales, according to a company press release. The Calgary-based software company said the hire is intended to support the expansion of its renoworks.ai platform.

Murthy brings more than 25 years of experience in business-to-business technology and SaaS sales. His career includes helping scale a company from $50 million to $225 million in revenue, improving new-customer close rates from 8% to 35%, and achieving a 98% customer retention rate. He has also helped grow an early-stage software company's SaaS revenue to $25 million and built a 30-person international sales team spanning North America, Europe, and Asia-Pacific.

In his new role, Murthy will focus on expanding Renoworks' enterprise customer base and accelerating adoption of the renoworks.ai platform, which combines visualization, product intelligence, lead generation, and data analytics tools aimed at the building products industry.

"Madan brings extensive experience scaling SaaS businesses, winning major enterprise accounts and building repeatable sales processes," said CEO Doug Vickerson.

Renoworks develops AI-powered software for the home remodeling and construction industries, serving manufacturers, contractors, builders, and retailers.

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