Close

Close

CRM platform for startups and SMBs

About Close

Simplify's Rating
Why Close is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Enterprise Software

Company Size

51-200

Company Stage

Seed

Total Funding

$243.2K

Headquarters

Toronto, Canada

Founded

2013

Overview

Close provides a customer relationship management (CRM) platform tailored for startups and small to medium-sized businesses (SMBs). The platform enhances communication and minimizes manual data entry, allowing sales representatives to work more efficiently. Close's features include a user-friendly interface and automation tools that aim to double the productivity of sales teams. Unlike many competitors, Close operates on a subscription-based model and is fully bootstrapped and profitable, with a remote team of around 90 employees. The company prioritizes autonomy and asynchronous communication, enabling its team to work from anywhere while fostering a culture of trust and responsibility. Close's goal is to create a desirable work environment, maintain transparency, and invest in team growth, all while delivering high-quality services that have a significant impact on its users.

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Simplify's Take

What believers are saying

  • Increased CRM adoption due to remote work trends benefits Close's market position.
  • AI-driven automation tools align with Close's focus on reducing manual data entry.
  • The CRM market's projected growth offers significant opportunities for Close.

What critics are saying

  • Emerging competitors like Celestia could threaten Close's market position.
  • Innovative platforms like Loft may raise CRM expectations in related industries.
  • Diversification trends in adjacent markets may pressure Close to expand offerings.

What makes Close unique

  • Close offers a user-friendly interface focused on sales productivity and automation.
  • The company operates with a 100% remote team, emphasizing asynchronous communication.
  • Close is bootstrapped and profitable, maintaining autonomy and transparency in operations.

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Funding

Total Funding

$243.2k

Below

Industry Average

Funded Over

1 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Below Average

Industry standards

$3.3M
$250k
Close
$1.5M
Slack
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood

Benefits

PTO

Family leave

Medical, dental, & vision coverage

401k with 6% match

Company goal-based bonus

Coworking stipend

Paid 4-week sabbatical

Flexible working hours

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

-2%
Mortgage Professional America
Feb 27th, 2024
Click n' Close strengthens wholesale TPO team with key hire

Click n' Close has continued to expand its wholesale loan division with the addition of Polly Cracchiolo (pictured) to its third-party originator (TPO) sales team as an account executive.

CoinLive
Nov 16th, 2023
Despite the gloomy knock-on action, the price tag of TIA continues to rise.

In truth, Celestia now has to compete with a lot of other really serious rivals like Close to, The network when partnered with Celestia to deliver information for the Ethereum rollup.

Scotsman Guide
Sep 28th, 2023
Notable mortgage industry additions and promotions, September 25-29

Churchill Stateside Group has announced that Anthony Magnano and William Meeker have joined the team, each in the position of vice president, production officer, health care and multifamily.

TechLoy
Aug 9th, 2023
Brazilian real estate unicorn Loft secures $100M from Middle Eastern Sovereign Fund

Renowned for its innovative integration of technology to revolutionize the real estate experience in Latin America, Loft, a Brazilian real estate unicorn has secured a substantial investment as part of a structured funding endeavour that commenced in the third quarter of 2022. Although the identity of the lead investor remains

Winnipeg Free Press
Jun 1st, 2022
Close CRM recognized as 100 Best Restaurants List on Jan 1st 22'.

Máquè and Close Company, which are situated next door from one another on Stafford Street, have been included in this year’s Canada’s 100 Best Restaurants List.

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