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Account Executive

About Wokelo

Wokelo is a Gen-AI powered investment research platform. Automating complex research and analysis tasks, traditionally performed by humans. Wokelo is being leveraged by leading Private Equity, Investment Banks, Corporate Strategy, Venture capital, and Fortune 500 firms.

We are reimagining the future of work by unlocking on-demand human-like intelligence at scale. Our platform leverages proprietary technology and state-of-the-art LLM models to uncover rich insights and produce high fidelity analysis in minutes (read more about us here). Our journey has attracted the backing of renowned venture funds and AI pioneers.

We are a Seattle-based startup. We are looking for someone to build the business from 0 to 1.

Requirements and qualifications

  • 3+ years of experience in a new business quota carrying role at a B2B SaaS company

  • Proven capability to own and exceed $1M+ in quota

  • Enterprise software selling experience - specifically selling through internal champions, consultative selling, aligning to executive level initiatives, and multi-threading across functions and levels to drive alignment and overcome blockers

  • Experience in selling to private equity, investment banks, hedge funds, fortune 500, and solution-based selling to C-suite and senior leadership

  • Exceptional written and verbal communication and attention to detail in all forms (docs, emails, Slack messages, PowerPoint presentations) and at all levels (from analyst to CXO)

  • Excitement to build the foundations of sales at an early stage and rapidly growing startup

  • Ability to carry a plan sale over the entire sales cycle from prospecting to conversion

  • Manage the CRM database with customer information, goals, KPIs, and satisfaction quotients, so product and engineering teams can make data-driven decisions

Typical sales will be $30-$100k and involve…

  • Being an expert in the product and how existing customers use the solution

  • Building strong champions through key POCs in continuous improvement & operations

  • Demonstrating our product and solution virtually and occasionally in person

  • Building detailed businesses-cases

  • Managing technical trials and proof-of-concepts

Why you’ll want to work here

  • Experience as an early member of a Gen-AI startup team with exciting early traction Competitive salary and equity, flexible vacation policy

  • The base salary range for this position in the United States is $80,000-$110,000 per year, plus commission (and bonus), with an overall OTE exceeding $160,000

  • Eligibility for an additional end of year performance bonus, commissions (when applicable) and/or equity options may be provided as part of the compensation package, in addition to a full range of medical, dental & vision insurance, financial, 401(K) and/or other benefits, depending on the position offered.

Average salary estimate

$95000 / YEARLY (est.)
min
max
$80000K
$110000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Account Executive, Wokelo AI

Wokelo, a groundbreaking Gen-AI investment research platform, is on the lookout for a driven Account Executive to join our Seattle-based startup. In this role, you'll get to build the business from the ground up, utilizing your 3+ years of experience in a B2B SaaS environment to establish our sales operations. You’ll leverage your expertise in selling enterprise software and your ability to connect with C-suite leaders to drive sales in the realms of private equity, investment banking, and Fortune 500 companies. As you adapt our product knowledge to meet customer needs, you will cultivate strong relationships with key stakeholders and significantly impact our growth. Your journey will encompass everything from prospecting new clients to converting them into loyal customers while managing our CRM database to provide valuable insights for our product and engineering teams. We value exceptional communication skills; you'll need to convey complex ideas clearly, whether in emails, presentations, or discussions. Additionally, the role offers an exciting competitive salary package ranging from $80,000 to $110,000, plus commission and the potential for equity options, all while being part of an innovative team that is redefining the future of work. If you're passionate about generative AI and ready to take on a vital role in our ambitious growth plans, we would love to hear from you!

Frequently Asked Questions (FAQs) for Account Executive Role at Wokelo AI
What responsibilities does the Account Executive at Wokelo have?

As an Account Executive at Wokelo, your key responsibilities will encompass building and nurturing client relationships within private equity, investment banks, and Fortune 500 firms. You will own the entire sales cycle, from prospecting and conducting demonstrations to managing technical trials and proof-of-concepts. You'll also leverage your consultative selling skills to understand client needs, align our solutions with executive-level initiatives, create detailed business cases, and exceed a quota of $1M+.

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What are the qualifications needed for the Account Executive role at Wokelo?

To thrive as an Account Executive at Wokelo, you should possess at least 3 years of experience in a quota-carrying role within a B2B SaaS company, with proven success in exceeding $1M quotas. Moreover, having a background in enterprise software sales to C-suite executives, as well as exceptional communication skills, will set you apart in this fast-paced environment.

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How does the compensation package for the Account Executive at Wokelo work?

The compensation package for the Account Executive at Wokelo is quite competitive, with a base salary ranging from $80,000 to $110,000 annually, plus commission. This role also offers the potential for equity options, performance bonuses, and a full suite of benefits, ensuring that both your hard work and commitment are well rewarded.

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What is the sales cycle like for the Account Executive at Wokelo?

The sales cycle for an Account Executive at Wokelo typically involves engaging with clients from the initial prospecting stages through to conversion. Expect to conduct virtual demonstrations, manage technical trials, and navigate various sales strategies to establish and maintain customer relationships, particularly within private equity and major corporations.

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What kind of company culture can an Account Executive expect at Wokelo?

At Wokelo, we foster a dynamic and innovative company culture that encourages collaboration, creativity, and continuous improvement. As an early member of our Gen-AI startup, you'll experience a supportive environment that values your contributions and perspectives, offering flexibility along with opportunities for professional growth as we redefine the future of investment research together.

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Common Interview Questions for Account Executive
How do you approach building relationships with clients as an Account Executive?

In your response, highlight the importance of listening, understanding client needs, and maintaining open lines of communication. Mention techniques such as regular check-ins and personalized follow-ups that help build trust and rapport, which are vital for success in a consultative sales role.

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What strategies do you use for prospecting new clients?

Discuss creative techniques like leveraging your network, utilizing various social media platforms, and employing tools to analyze potential leads. Emphasize the necessity of researching and understanding your target clients to tailor your approach, ultimately demonstrating proactive engagement with leads.

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Can you give an example of a successful sales cycle you managed?

When answering, recount a specific experience where you navigated through each stage of the sales process. Make sure to discuss your strategies for overcoming challenges, how you tailored solutions to meet client needs, and the ultimate outcome, such as closing a significant deal or gaining a major client.

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How do you handle rejection or setbacks in sales?

Explain that rejection is an inherent part of sales, and discuss your approach to learning from each experience. Share examples of how you’ve refined techniques or strategies in response to setbacks, emphasizing resilience and a constructive attitude to continually improve your performance.

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How would you balance multiple high-value accounts?

In your answer, express your organizational skills by discussing effective time management strategies, such as prioritizing tasks based on account potential, using CRM tools to track interactions, and setting specific goals for each account to ensure adequate attention without compromising relationships.

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What role does data play in your sales process?

Talk about the impact of data on decision-making, particularly in understanding customer behavior, identifying trends, and personalizing sales pitches. Emphasize how you use data analytics to inform your strategies and adjust your approach based on measurable outcomes.

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Describe your experience with consultative selling.

Share your understanding of consultative selling as a relationship-oriented approach. Offer examples of how you’ve engaged with clients to identify their underlying needs and how you devised solutions aligned with their objectives, illustrating your proactive rather than reactive sales strategy.

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How do you prepare for a meeting with a potential client?

Discuss the importance of thorough research on the company and the stakeholders involved. Highlight your efforts to understand their industry and challenges, and how this informs your tailored presentation. Preparation builds credibility and demonstrates your commitment and expertise.

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In your opinion, what sets Wokelo's solution apart in the market?

Research the company's unique selling points and articulate how Wokelo's Gen-AI platform stands out from competitors, focusing on its efficiency, innovative technology, and ability to provide high-quality insights rapidly. Demonstrating your knowledge of the product will show your enthusiasm and fit for the role.

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What metrics do you consider key in measuring your success as an Account Executive?

Identify metrics like sales quotas achieved, customer retention rates, and conversion rates. Discuss how you utilize these metrics to gauge your performance, celebrate achievements, and identify areas for improvement, underscoring your commitment to continuous growth and impact on the organization.

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wokelo is a secure gen-ai platform for accelerated business research. it helps create customized in-depth analysis for market intelligence and investment research. wokelo is reimagining the future of work by unlocking human-like syntheses at sca...

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Full-time, on-site
DATE POSTED
January 15, 2025

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