Cresicor

Cresicor

Software platform for trade promotion management

About

Cresicor provides a software platform for trade management and promotion management specifically for consumer packaged goods (CPG) brands in the food and beverage sector. The platform automates processes like planning, forecasting, and deduction matching, which helps brands reconcile discounts with actual sales data. This integration allows brands to connect their promotions to sales strategies in real-time, leading to better financial insights and reduced labor. Cresicor operates on a subscription-based model, aiming to enhance how brands manage trade promotions for improved financial control.

Company Stage

Seed

Employees

51-200

Industries

Food & Agriculture, Consumer Software

Total Funding

$31.1M

Headquarters

N/A

Founded

2017


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Simplify's Take

What believers are saying

  • The recent $5.6M seed funding round led by Costanoa Ventures will accelerate growth and product development, offering employees opportunities for career advancement.
  • The addition of the Bulletproof feature to the platform demonstrates Vividly's commitment to continuous innovation and improvement.
  • Working with growing CPG brands provides exposure to a dynamic and expanding market, enhancing professional experience and industry knowledge.

What critics are saying

  • The niche focus on CPG brands may limit market expansion opportunities compared to more versatile platforms.
  • Dependence on the food and beverage sector makes Vividly vulnerable to industry-specific downturns and market volatility.

What makes Cresicor unique

  • Vividly specializes in trade promotion management specifically for CPG brands, unlike broader marketing platforms that serve multiple industries.
  • The platform's automated deduction matching feature is a unique offering that ensures financial accuracy and reduces manual labor.
  • Seamless integration with existing sales plans and data sources allows for real-time decision-making, setting Vividly apart from competitors.

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Growth & Insights
Headcount

6 month growth

15%

1 year growth

53%

2 year growth

53%

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