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

Subscriber access only

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