Captivateiq Raises $100 Million Series C Led By Iconiq Growth, Accel And Sequoia To Automate Incentive Compensation Management And Fuel High-Performing Revenue Teams

Jan 26, 2022•over 3 years ago

Amount Raised

$100 Million

Round Type

series c

San Francisco

Description

CaptivateIQ, the leader in sales commission software, today announced it has raised $100 million in Series C financing led by ICONIQ Growth, Accel and Sequoia, with Sapphire also joining as a new investor this round. CaptivateIQ is the leader of an emerging class of Incentive Compensation Management solutions that makes sales commissions easy to track and manage with automated and flexible workflows.

Company Information

Company

Captivate Iq

Location

San Francisco, California, United States

About

CaptivateIQ is on a mission to bring transparency and joy to incentive compensation management. We believe that getting paid should be fun and that work should be a breeze for compensation plan administrators. Yet, most companies still rely on spreadsheets or legacy software providers to manage this significant and influential line item in a sales budget. That’s why we’ve created a scalable, flexible, no-code solution that enables finance and operations teams to model, automate, and optimize performance incentives. Twenty of the Forbes’ Cloud 100, including leading brands like Amplitude, Gong, and Hopin, use CaptivateIQ to power their incentive compensation programs. To learn more, visit www.captivateiq.com and follow @captivateiq.

Funding Insights

Based on industry data

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