Highspot
Financials
Estimates*
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 60.0m | 86.7m | 86.7m |
% growth | - | 45 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $2.3m | Debt | |
$9.6m | Series A | ||
$15.0m | Series B | ||
$35.0m | Series C | ||
$60.0m | Series D | ||
$75.0m | Series D | ||
$200m Valuation: $2.3b | Series E | ||
* | $248m Valuation: $3.5b 58.3x EV/LTM Revenues | Series F | |
N/A | N/A | Secondary | |
N/A | N/A | Secondary | |
Total Funding | €584m |
Related Content
Recent News about Highspot
EditHighspot is a startup that operates in the sales enablement platform market. Their primary product, Highspot Copilot, is an AI-powered digital assistant designed to increase sales productivity. The platform is trusted by companies globally and aims to drive behavioral changes and operational rigor in sales teams, enabling them to close deals more efficiently.
Highspot's business model revolves around providing sales teams with the right content at the right time to engage and convert buyers. This is achieved through managing sales content, preparing sales reps for various selling scenarios, and scaling personalization with digital sales rooms. The platform also includes features for onboarding and training sales reps, ensuring they are ready for real-world sales situations.
The platform's effectiveness is demonstrated by the increase in win rates, pipeline generation, and sales reps attaining quota, as well as a decrease in sales rep ramp time for teams who choose Highspot. The company offers live demos, video overviews, and product tours to potential clients, showcasing how Highspot can increase revenue impact.
Highspot operates on a subscription-based model, generating revenue through the fees paid by its clients for access to its platform. The company has been recognized by Forrester, Gartner, Forbes, and Fortune for its innovative approach to sales enablement.
Keywords: Sales Enablement, AI-Powered, Digital Assistant, Sales Productivity, Content Management, Sales Training, Personalization, Onboarding, Subscription-Based, Revenue Generation.