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VenturePeople: LeShane Greenhill and Sagents
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LeShane GreenHill
SAGENTS, a Cloud-based startup, aims to be the "premier online sales connector," said its 34-year-old Founder LeShane Greenhill.
It's been bootstrapped, thus far, but informal discussions have made clear there's interest among Angel investors, Greenhill told VNC. Sagents plans to help corporations quickly vet potential suppliers, while helping independent sales reps, small business sales forces and suppliers broaden their pipelines and close sales. Sagents will formally approach investors, later this month, said Greenhill, who declined to reveal his target for the raise. Sagents sellers get e-mail and mobile alerts of purchasers' needs and a peer network for suppliers help them help one another. Buyers are typically corporations with up to $500MM in annual revenue, while suppliers are companies with 10 to 500 employees, and they're likely to offer commodity items through the online system, Greenhill explained. Sellers may pay a monthly subscription fee for full access, or may have limited access in a basic account, which requires paying for opportunities, ad hoc. The startup's splashpage will convert to a website March 12, Greenhill told VNC, and the site will be in beta for 60 to 90 days, during which invited buyers and suppliers will test-drive the software. The full-scale launch comes in June, said Greenhill, who went fulltime on Sagents in November 2010. Sagents' Chief Technology Officer is Raj Menon. The company is based in the Nashville Entrepreneur Center. Sagents advisors include attorneys Bone McAllister Norton and it banks with Avenue Bank. It's in the last stage of selecting its accountants, said Greenhill. Its advisory board includes Brian Fox, co-founder of Capital Confirmation; Evan Owens, who recent took the reins as CEO at CentreSource; marketing strategist Holly Rooks Grenvicz; and, Jason Denenberg of Angel Capital Group. Supplier interest? Greenhill said that within six weeks of providing supplier guidelines to potential subscribers, he had nearly 50 onboard. Greenhill is a former chairman of the Nashville Junior Chamber of Commerce and previously helped launch Marc Fortune's ForceFive sales-development organization. Greenhill also previously did business as Pishon, an outsourced sales organization, according to his LinkedIn profile.

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Tags: Angel Capital Group, Angel investors, Brian Fox, Capital Confirmation, CentreSource, Cloud, e-commerce, Evan Owens, ForceFive, Holly Rooks Grenvicz, Internet, Jason Denenberg, LeShane Greenhill, Marc Fortune, Nashville Entrepreneur Center, Raj Menon, SaaS, Sagents, sales


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