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Highspot Closes $248 Million Series F Round To Accelerate Growth And Product Innovation

Jan 13, 2022•over 3 years ago

Amount Raised

$248 Million

Round Type

series f

SeattleScience And EngineeringSoftware

Description

Highspot, the sales enablement platform that increases the performance of sales teams, has raised $248 million in Series F funding. Highspot's post-money valuation is now $3.5 billion, which has quadrupled in the past two years. The company's total funding is now $648 million. New investors B Capital Group and D1 Capital Partners led the round with participation from existing investors: ICONIQ Growth, Madrona Venture Group, Salesforce Ventures, Sapphire and Tiger Global Management.

Company Information

Company

Highspot

Location

Seattle, Washington, United States

About

Highspot is the sales enablement platform that increases the performance of sales teams by bridging the gap between strategy and execution. With Highspot, our customers turn initiatives into the actions that sales teams must execute and enable sales leaders to measure what is and is not working with deep and actionable insights. Companies like DocuSign, Fiserv, OKTA, Red Hat and Zillow use Highspot to manage content, to train and coach sellers, and to engage buyers. Executing your strategic initiatives with Highspot increases revenue, drives consistent rep performance and improves rep ROI.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech