Pipedrive
Financials
Estimates*
USD | 2017 |
---|---|
Revenues | 35.0m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
$1.0m | Seed | ||
* | $1.0m | Seed | |
$2.4m | Seed | ||
* | $9.0m | Series A | |
* | N/A | €700k | Early VC |
$5.0m | - | ||
* | $17.0m | Series B | |
* | $50.0m | Series C | |
* | $10.0m Valuation: $250m 7.1x EV/LTM Revenues | Series C | |
* | N/A Valuation: $1.5b | Acquisition | |
Total Funding | AUD149m |
Recent News about Pipedrive
EditPipedrive is a customer relationship management (CRM) software company that focuses on helping businesses manage their sales processes more effectively. The company provides a user-friendly platform designed to streamline sales activities, track leads, and close deals. Pipedrive primarily serves small to medium-sized businesses (SMBs) across various industries, including real estate, travel, and technology.
Operating in the CRM market, Pipedrive offers a subscription-based service where clients pay a monthly or annual fee to access its software. The platform includes features such as lead management, email integration, sales reporting, and customizable pipelines. These tools help sales teams organize their work, prioritize tasks, and improve overall efficiency.
Pipedrive's business model revolves around providing a cloud-based software-as-a-service (SaaS) solution. This means that clients can access the platform from anywhere with an internet connection, without needing to install any software on their local machines. The company generates revenue through tiered subscription plans, which offer different levels of functionality and support based on the price point. Additionally, Pipedrive offers add-ons and integrations with other software tools, which can be purchased separately to enhance the core CRM capabilities.
The company also fosters a community of users and sales professionals through its online forums, where members can share tips, provide feedback, and participate in beta testing for new features. This engagement helps Pipedrive continuously improve its product and stay attuned to the needs of its clients.
In summary, Pipedrive is a CRM software provider that helps SMBs manage their sales processes through a subscription-based, cloud-based platform. The company makes money by offering various subscription plans and additional paid features.
Keywords: CRM, sales management, SaaS, SMBs, lead tracking, email integration, sales reporting, cloud-based, subscription model, user community.