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Posted On: 07/11/2021 6:57:45 PM
Post# of 32689
Some of the companies below have products that compete with Verb. Some of them like Sprinklr, in a different solution all together, but they all will give you a feel for valuation.
Oh and none of them have anything like Verb...
The Forrester Wave™: Sales Content Solutions, Q3 2020 report
Sales Social Engagement Solutions, Q1 2021 Analyst Report
https://www.businesswire.com/news/home/202103...yst-Report
SHOWPAD
Showpad is a 400-person company with annual recurring revenue of €60 million , and 1,200 customer logos. Workflow solutions are growing in importance for businesses around the world, with the global sales enablement platform market expected to r each a value of $2.6 billion by 2024 .
As Jacob points out, Showpad has had an incredible growth story. “Over the past five years, we’ve grown from €5 million to €60 million in recurring revenue. That’s super fast growth , and it has required a lot of changes to the company.”
https://tech.eu/features/34209/scale-up-opera...f-showpad/
As organizations evolve business models to meet the expectations of today’s informed buyers, Showpad has seen immense growth on its Platform and across its organization. The company is celebrating its 10th anniversary, touting 58% year-over-year Platform growth in 2020 and 1,200 customers across more than 50 countries including Bridgestone, Kimberly-Clark, Unilever.
During the pandemic, Showpad brought buyers and sellers closer together, seeing a 350% year-of-year increase in buyers on the Platform, and a 600% increase in engagement between buying and selling teams. In 2020 alone, revenue teams used Showpad as their guide in the buying process, more than doubling the use of sophisticated virtual experiences for guided selling.
In response to this growth, the Showpad team aims to hire 250 employees by year end.
https://www.prweb.com/releases/showpad_announ...023496.htm
SEISMIC
San Diego’s unicorn startup Seismic gets additional $92M, raising valuation to $1.6B
According to Seismic's website, they only have 700+ companies as customers.
https://www.sandiegouniontribune.com/business...on-to-1-6b
Seismic Surpasses $200 Million in Annual Revenue Run Rate
In addition to the milestone, Seismic also grew active users 45% over the prior year period.
https://www.businesswire.com/news/home/202106...e-Run-Rate
HIGHSPOT
Another unicorn in Seattle: Enterprise sales startup Highspot raises $200M round at a $2.3B valuation
https://www.geekwire.com/2021/another-unicorn...valuation/
Sprinklr
Sprinklr Raises $200 Million at $2.7 Billion Valuation - September 9, 2020
Software startup Sprinklr targets $5 bln valuation in U.S. IPO
"The company's revenue rose 19% to $111 million in the three months ended April 30, 2021. Its net loss, however, widened to $14.7 million from $11.2 million in the period."
BigTinCan
Market Cap: $335.7M
Revenue: $23M
Oh and none of them have anything like Verb...
The Forrester Wave™: Sales Content Solutions, Q3 2020 report
Sales Social Engagement Solutions, Q1 2021 Analyst Report
https://www.businesswire.com/news/home/202103...yst-Report
SHOWPAD
Showpad is a 400-person company with annual recurring revenue of €60 million , and 1,200 customer logos. Workflow solutions are growing in importance for businesses around the world, with the global sales enablement platform market expected to r each a value of $2.6 billion by 2024 .
As Jacob points out, Showpad has had an incredible growth story. “Over the past five years, we’ve grown from €5 million to €60 million in recurring revenue. That’s super fast growth , and it has required a lot of changes to the company.”
https://tech.eu/features/34209/scale-up-opera...f-showpad/
As organizations evolve business models to meet the expectations of today’s informed buyers, Showpad has seen immense growth on its Platform and across its organization. The company is celebrating its 10th anniversary, touting 58% year-over-year Platform growth in 2020 and 1,200 customers across more than 50 countries including Bridgestone, Kimberly-Clark, Unilever.
During the pandemic, Showpad brought buyers and sellers closer together, seeing a 350% year-of-year increase in buyers on the Platform, and a 600% increase in engagement between buying and selling teams. In 2020 alone, revenue teams used Showpad as their guide in the buying process, more than doubling the use of sophisticated virtual experiences for guided selling.
In response to this growth, the Showpad team aims to hire 250 employees by year end.
https://www.prweb.com/releases/showpad_announ...023496.htm
SEISMIC
San Diego’s unicorn startup Seismic gets additional $92M, raising valuation to $1.6B
According to Seismic's website, they only have 700+ companies as customers.
https://www.sandiegouniontribune.com/business...on-to-1-6b
Seismic Surpasses $200 Million in Annual Revenue Run Rate
In addition to the milestone, Seismic also grew active users 45% over the prior year period.
https://www.businesswire.com/news/home/202106...e-Run-Rate
HIGHSPOT
Another unicorn in Seattle: Enterprise sales startup Highspot raises $200M round at a $2.3B valuation
https://www.geekwire.com/2021/another-unicorn...valuation/
Sprinklr
Sprinklr Raises $200 Million at $2.7 Billion Valuation - September 9, 2020
Software startup Sprinklr targets $5 bln valuation in U.S. IPO
"The company's revenue rose 19% to $111 million in the three months ended April 30, 2021. Its net loss, however, widened to $14.7 million from $11.2 million in the period."
BigTinCan
Market Cap: $335.7M
Revenue: $23M
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