Mobileforce Software Inc.

Mobileforce Software Inc. is a US-based company specializing in no-code solutions for Enterprise CPQ and Field Service Management, aimed at enhancing operational efficiency for sales and service teams across various industries. Founded in 2005 and headquartered in Sunnyvale, US, Mobileforce Software Inc. provides innovative software solutions designed to optimize sales and service operations.

The company was established by Jagadish Bandhole, who has a history of entrepreneurial experience. Mobileforce has engaged in five funding rounds, with the latest round occurring on July 18, 2022, where it raised USD 5. 85 mn led by Aspenwood Ventures, alongside investors eLab Ventures and KAAJ Ventures. This funding round represents the total amount raised by the company, leading to a current valuation of USD 13.

08 mn. Mobileforce specializes in no-code Enterprise CPQ (Configure Price Quote) and Field Service Management (FSM) solutions designed to enhance operational efficiency for sales and field service teams. The platform integrates seamlessly with existing CRM and back-office systems, allowing users to generate accurate quotes, manage pricing strategies, and streamline service operations without the need for coding expertise. Mobileforce’s solutions are utilized by a diverse client base, including industries such as finance, healthcare, and defense contracting, where the demand for secure, reliable, and efficient quoting processes is paramount.

The platform is deployed globally, with a focus on markets in North America, Europe, and Asia-Pacific, addressing the specific needs of organizations looking to optimize revenue capture and improve customer engagement through an AI-powered interface. Mobileforce operates on a subscription-based revenue model, where clients typically access the CPQ and FSM platforms through tiered pricing plans that cater to different organizational needs. These plans may include options for individual users or larger teams, allowing for scalability as organizations grow. Flagship products such as Mobileforce CPQ and FSM provide critical functionalities that support sales operations and field service management, ensuring that pricing integrity is maintained while enhancing user experience.

Transactions are structured around annual or monthly subscriptions, fostering long-term relationships with clients while providing them with the flexibility to adjust their service levels as needed. The company’s offerings emphasize compliance and security, which are critical factors for its enterprise clientele. In July 2022, Mobileforce Software Inc. raised USD 5.

85 mn in venture funding, which will be utilized to support its growth and accelerate the development of its RevOps-as-a-service platform. The company is currently focused on designing and launching new products to enhance its service offerings. Additionally, Mobileforce aims to expand into new markets, specifically targeting regions in North America, Europe, and Asia-Pacific by the end of 2023, with the goal of capturing increased market share in the enterprise software space.