CaptivateIQ, Inc.
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CaptivateIQ, Inc. - overview
Established
2017
Location
San Francisco, CA, US
Primary Industry
Software
About
Founded in 2017 and based in California, US, CaptivateIQ, Inc. develops and provides a SaaS (software-as-a-service)-based platform that enables businesses to motivate teams by providing incentives through sales compensation software. Co-CEOs Mr. Conway Teng and Mr.
Mark Schopmeyer, along with CTO Mr. Hubert Wong, co-founded the company and have raised venture capital fundings from private equity investors, including Amity Ventures, Foundation Capital, and Sequoia Capital. In April 2021, Accel led a USD 46 million series B funding for CaptivateIQ, Inc. The company's product team develops SaaS-based sales compensation solutions that utilize AI(artificial intelligence) technologies to automate commission workflows within organizations to reward employees for their efforts.
The platform offers several services: data integration, performance reporting, compensation management, and team collaboration. The company generates revenue by providing a subscription-based sales compensation platform to various applications including, financial services, manufacturing, and business services. CaptivateIQ, Inc. will use the April 2021 funding to accelerate the company's product development and expand the team.
Current Investors
S28 Capital, Amity Ventures, Foundation Capital
Primary Industry
Software
Sub Industries
Web Applications, Sales & Marketing Software, HR & Workforce Software, Application Integration Software, Analytics & Performance Software
Website
www.captivateiq.com
Verticals
Artificial Intelligence, Cloud Computing
Company Stage
Series C
Total Amount Raised
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