202214 Jun

DealHub secures $60M for sales tools to configure, price, and quote – TechCrunch

Summary

Launched in 2014, 160-employee DealHub has expanded over the years to include contract lifecycle as well as subscription management tools, competing with the likes of Conga, Tacton, and Vendavo. “Legacy CPQ solutions often require long implementation periods and code-heavy customization, offering little flexibility,” CEO Elbahary told TechCrunch in an email interview. Elbahary describes DealHub as a “digital workspace” for buyers and sellers to engage on different components of a deal, with a “holistic view” of a sales team’s activities, actions, and insights. There’s always the potential for major human error, too, like a salesperson forgetting to include shipping or delivery costs or omitting a component another team will need. “While headlines report on devaluations and layoffs, DealHub is growing and recruiting … We are experiencing a fourth consecutive year of 250% YoY growth,” Elbahary said.

Source: Techcrunch

Funding

$60M
Amount
Jun 14 2022
Date
-
Investor
Deal HUb
Company

Classifications

Companies