Spiff Announces $3M in Seed Funding
Summary
Yet when Spiff founder and CEO Jeron Paul surveyed companies, he found that 90% of them still manage commissions exclusively on spreadsheets. A self-taught coder, Paul wrote much of the early code for Spiff, turning the business idea into a thriving company. It launched its initial product offering last fall and counts local companies Lucid, Podium, Weave, Expertvoice, and Capshare as clients. "Amazing as it may seem, there really isnt an effective, modern SaaS solution for managing incentive compensation and commission plans," said Paul. Software and our scientific understanding of what drives great behavior has changed so much over the last decade.
Funding
Amount
$3.0M
Total raised
Date
June 19, 2019
Announcement date
Investors
Kickstart Seed Fund, Peterson Partners, Peak Ventures, Kickstart
Lead investors
Company
https://spiff.com/
Funded company
Classifications
industries
HealthTech
applications
Accounting and Taxes
AskAI Classifications
Labels
SaaS
Customer Communications Management
CRM Software
