Crossbeam

Crossbeam

B2B platform for secure data sharing

About Crossbeam

Simplify's Rating
Why Crossbeam is rated
B+
Rated C on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

Company Size

51-200

Company Stage

Series C

Total Funding

$113.7M

Headquarters

Philadelphia, Pennsylvania

Founded

2018

Overview

Crossbeam provides a platform that enables businesses to utilize their partner ecosystems to drive growth. The main feature of this platform is the ability for companies to securely share data with their partners, which enhances both sales and partnership strategies. For partnership professionals, Crossbeam offers tools to identify and prioritize valuable partnerships based on data insights. Sales teams benefit from the platform by gaining insights that help them close deals more efficiently and reduce sales cycles. Crossbeam integrates with various data sources, such as CRM systems, data warehouses, Google Sheets, and CSV files, making it easy for businesses to share data securely. Unlike its competitors, Crossbeam focuses specifically on the B2B market and has established a strong presence with over 15,000 companies using its platform. The goal of Crossbeam is to help businesses accelerate deal closures and increase revenue through effective partnership management.

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Simplify's Take

What believers are saying

  • The merger with Reveal enhances AI-driven insights for go-to-market teams.
  • Integration with Impartner optimizes partner ecosystems for greater revenue growth.
  • Crossbeam Insider centralizes Ecosystem-Led Growth insights, increasing user engagement.

What critics are saying

  • Increased competition from Impartner could challenge Crossbeam's market position.
  • Merger with Reveal may lead to integration challenges and service disruptions.
  • Shift towards ecosystem-based selling requires rapid platform adaptation.

What makes Crossbeam unique

  • Crossbeam is the largest Ecosystem-Led Growth platform with over 19,000 users.
  • The platform integrates with CRM systems, data warehouses, and Google Sheets for seamless data sharing.
  • Crossbeam's merger with Reveal creates the world's largest ecosystem data repository.

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Funding

Total Funding

$113.7M

Above

Industry Average

Funded Over

4 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$76M
Crossbeam
$100M
Oura

Benefits

Competitive medical, dental, & vision plans

Stock options & 401(k)

Parental leave

Flexible PTO policy

Remote first

Learning & development budget

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

-2%

2 year growth

-4%
PR Newswire
Nov 26th, 2024
Impartner Announces Key Industry Speakers For Multiply Impartnercon World Tour Events In Boston And New York City

Speakers for Multiply ImpartnerCon's Boston and NYC events include leaders from HubSpot, AvePoint, Rectangle Health, Confluent and othersSALT LAKE CITY, Nov. 26, 2024 /PRNewswire/ -- Impartner, the leader in partner relationship management (PRM), today unveiled the dynamic agenda and distinguished speakers for the upcoming Multiply ImpartnerCon World Tour events in Boston and New York City. Taking place December 2-3, 2024, at Convene One Boston Place and December 4-5, 2024, at The Standard Hotel Highline in New York City, these events bring together top experts and executives to share actionable insights on building, scaling, and optimizing partner ecosystems. ImpartnerCon has established itself as the go-to gathering for executives, partner managers, and industry leaders seeking to elevate their partnership strategies. This year's Boston and New York City events will feature prominent speakers from global brands like HubSpot, AvePoint, Confluent, and others, offering attendees a wealth of expertise through compelling sessions, fireside chats, and real-world case studies

PR Newswire
Jun 25th, 2024
Crossbeam And Reveal Are Joining Forces To Disrupt Go-To-Market Strategy As We Know It

The companies' products and networks will combine into a best-of-both-worlds offering that builds and powers the next generation of AI tools for sales, marketing, and partner ecosystems.PHILADELPHIA, June 25, 2024 /PRNewswire/ -- Crossbeam, the Philadelphia-based Ecosystem-Led Growth platform, announced today that Reveal, the Paris-based Nearbound Revenue platform, would be joining forces with the company in an all-stock transaction. The combined company, which will be called Crossbeam, will lead a new category of go-to-market software that enables marketing, sales, and partnerships teams to leverage their partner ecosystems to attract, convert, and grow customer relationships.The two companies will combine their innovative product offerings and user networks to create an unparalleled scale of ecosystem data and insights from over 25,000 companies globally. The unified network will represent the world's largest repository of ecosystem data, a critical input to all AI systems used by go-to-market teams. The transaction builds further on the two companies' strategic product integrations with AI leaders including Gong, Salesforce, HubSpot, and others. Crossbeam will also build its own AI-driven products powered by the network."This merger is about innovation," said Crossbeam CEO and co-founder Bob Moore. "Our most successful customers are leveraging AI powered by ecosystem data to write the new revenue playbook, and by joining forces with Reveal, we'll become a catalyst for this important change across all industries and geographies."The success of current and new customers is at the forefront of the integration plan of the two companies

Technical.ly
Jun 24th, 2024
Philly Success Story Crossbeam Is Merging With A Parisian Company

Crossbeam, the data-driven partnerships SaaS company founded by veteran Philadelphia entrepreneur Bob Moore, has announced a merger with Paris-based Reveal. Talks about merging started at the beginning of 2024 because they were each getting requests from customers to integrate with the other, Moore told Technical.ly. Both run platforms that use data to help companies collaborate. “Our platforms, they kind of work like LinkedIn for data,” Moore said. “Imagine a world where there were two LinkedIns — and half your friends are on one and half of them are on another. It’s just not as valuable if it’s not all under one hood.”

PR Newswire
Nov 16th, 2023
New Report: 89% Of Business Leaders Questioning Existing Gtm Models, Looking To Change Strategies

As businesses experience revenue shortfalls, The Future of Revenue report from Crossbeam and Pavilion finds companies moving to more relationship- and ecosystem-based selling strategiesPHILADELPHIA , Nov. 16, 2023 /PRNewswire/ -- Crossbeam, the Ecosystem-Led Growth platform, today released a new report showing that a majority of sales leaders expect to miss their revenue targets for the year and are rethinking the traditional sales-led growth model. According to The Future of Revenue report, business leaders are struggling to attract new leads, close deals in their current pipeline, and overcome constrained budgets on the buyer side.To understand the sentiment across different stakeholders in Go-to-Market (GTM) teams, Crossbeam partnered with Pavilion, a private membership organization for GTM leaders, CEOs and their teams, to survey more than 425 business leaders across sales, partnerships, marketing and customer success from August to September 2023. The majority (77%) of respondents work at B2B SaaS companies and 70% are director-level and above.Of the leaders surveyed, 56% say they don't expect to reach their revenue targets this year, while only 17% report that they expect to exceed annual revenue targets. Compounding the pressure on sales quotas, 54% say the sales cycle has gotten longer over the past two years and only 12% report that it has accelerated.When asked about the reasons for the revenue shortfall, 46% of sales leaders said it was a lack of high-quality leads, and 43% pointed to a lack of alignment with the marketing team. As a result of these challenges, 89% of all respondents say their companies are looking to change their sales strategy and looking for alternatives to the traditional top-down sales approach.Embracing Change, Bringing Trust Back to SalesMore than two-thirds (68%) of GTM leaders said that buyers have more control over the sales process, acknowledging that buyers are focusing more on insights and opinions from sources within their own trusted ecosystem.As GTM leaders embrace change to increase revenue, they are leaning more on relationships and social selling within a broader ecosystem

PRWeb
Oct 13th, 2023
Pavilion G2 Announce Winners At The Inaugural Gtm Awards

Executive leaders, B2B technology companies recognized as winners across 17 categories at Nashville award ceremony. NEW YORK, Oct. 13, 2023 /PRNewswire-PRWeb/ -- Pavilion, the leading global community for revenue executives, CEOs, and founders in the B2B software space, in partnership with G2, is proud to announce the winners of their new esteemed industry recognition program, the GTM Awards. Winners were recognized at a ceremony at the Country Music Hall of Fame in Nashville on October 12th among fellow leaders, influencers, and innovators from across the B2B SaaS industry. "We are so grateful for the opportunity to honor all of these incredible winners at last night's ceremony in Nashville," said Sam Jacobs, Founder and CEO of Pavilion. "These awards are a testament to our mission at Pavilion to connect GTM leaders through collaborative programming

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