Introducing Introhive – the AI-powered sales and revenue acceleration platform that accelerates customer acquisition and revenue growth. With over a decade of experience in building marketing and sales applications, Introhive is focused on helping its customers achieve success in marketing, sales and business growth.
AI-powered sales and revenue acceleration platform
Using AI and machine learning, Introhive offers a suite of solutions that help sales teams improve their relationships and uncover hidden revenue growth opportunities. This platform integrates with a variety of other systems, including CRM. The platform is designed to increase sales efficiency, improve customer service, and improve the entire customer experience.
Introhive has been recognized by the Deloitte Fast 500 and Fast 50 as the fastest-growing company in the B2B relationship intelligence space. The company also won the MarTech 2020 Breakthrough Award for Best CRM Innovation. The company’s suite of solutions includes CRM software, business intelligence technologies, and analytics. Founded in New Brunswick, Canada, Introhive currently has offices in 10 locations worldwide.
The company’s customer base includes some of the largest brands in the world. PwC, Wilson Sonsini Goodrich & Rosati, Colliers International, PricewaterhouseCoopers, and many others are Introhive customers. The company aims to change the future of revenue operations with its AI-powered platform.
Introhive has raised $150 million in funding to date. The company is seeking to expand globally, hiring more sales and engineering teams, and securing strategic acquisitions.
Customer list
Besides its name, the Customer list for Introhive 100M Series is the largest deployment of the company’s revenue acceleration platform. Its AI and machine learning technology helps businesses find and grow hidden revenue growth opportunities. In fact, the company estimates that they have saved businesses more than $68,400 per year on lost productivity. The company has also won numerous awards, including the Deloitte Fast 50 award and the 2020 MarTech Breakthrough Award.
The Customer list for Introhive 100M series includes recognizable names like PricewaterhouseCoopers, Colliers International and Wilson Sonsini Goodrich. The company’s suite of solutions works seamlessly with any CRM, integrating all your important contact and relationship data from emails, websites and social media. This is a boon to sales, marketing and customer support teams. Aside from the CRM platform, Introhive also offers a suite of other solutions that improve data quality and speed up data capture. These include email and social media data cleaning, data enrichment and CRM software program.
Growth plans
Founded in 2007 by Stewart Walchli, Introhive is a software as a service CRM platform that delivers the most relevant insights, actionable recommendations, and automated data cleaning. It’s currently used by large enterprises, recognizable brands, and industry leaders to improve revenue and customer retention. This is a technology that can be deployed across a number of domains, including marketing, sales, and customer support.
Introhive has garnered a handful of accolades, including a coveted spot on the Deloitte Fast 50 and Fast 500 lists. It’s also the recipient of the Great Place to Work (r) award in Canada. In addition to its core software offerings, Introhive has expanded into the consulting space with the launch of its Customer Success Solutions practice, which focuses on customer retention.
The company’s new $100 million Series C funding round was led by PSG, a growth equity firm that partners with middle-market software companies. The round also includes Evergreen Capital and Business Development Bank of Canada. The company plans to use the new cash to expand its global footprint, bolster its sales and marketing capabilities, and make strategic acquisitions.
Funding round details
Having secured $140 million in funding, Introhive is poised to take its software-as-a-service (SaaS) relationship intelligence platform global. Introhive’s platform leverages artificial intelligence to ingest data and uncover hidden revenue growth opportunities. This is achieved by mapping relationships between people. This platform also enables clients to optimize their sales processes.
Introhive has been able to generate more than $20 million in revenue to date. Its customer list includes such notable names as PricewaterhouseCoopers (PwC), Wilson Sonsina Goodrich & Rosati, Clark Nexsen, and Plante Morsen. The company claims to be the first in the market to help clients maximize relationship intelligence and improve their overall sales cycle.
Introhive aims to use its funding to grow its global presence, as well as its sales and engineering teams. The company expects to reach $100 million in revenue by 2023.
Conclusion
Introhive is one of the first companies to leverage AI to maximize relationship intelligence in the workplace. The company has created a platform that works with any CRM and provides actionable insights. The platform saves companies an average of $68,400 per year on lost productivity. Its platform also provides automatic updates to data.
