Databook

Databook

AI platform for B2B sales insights

About Databook

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

Industries

Enterprise Software

AI & Machine Learning

Company Size

51-200

Company Stage

Series B

Total Funding

$69.1M

Headquarters

Palo Alto, California

Founded

2017

Overview

Databook provides a platform designed to assist B2B sales teams in understanding their potential clients better. The platform uses artificial intelligence to gather and analyze large amounts of data, offering insights that are tailored to each prospect's needs. This allows sales teams to move away from generic sales pitches and engage in more meaningful conversations that address the specific interests of their clients. Databook's clients benefit from improved sales efficiency, with reported outcomes including a 45% reduction in time-to-close and a 20% increase in average deal size. The platform also simplifies the research process for sales teams, providing them with valuable competitive benchmarks. Databook differentiates itself from competitors by focusing on personalized insights that enhance the sales conversation, ultimately aiming to help teams close deals more effectively.

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Simplify's Take

What believers are saying

  • Databook achieved 177% YoY ARR growth, indicating strong market demand and customer satisfaction.
  • The trend towards AI-driven sales tools boosts Databook's adoption among B2B sales teams.
  • Remote work environments increase demand for Databook's digital sales and relationship management tools.

What critics are saying

  • Emerging AI-driven sales platforms could erode Databook's market share with competitive features.
  • Economic downturns may lead to reduced spending on sales tools, affecting Databook's revenue.
  • Data privacy concerns and evolving laws pose regulatory challenges for Databook's AI insights.

What makes Databook unique

  • Databook's SRM platform uniquely integrates AI and NLP for strategic relationship management.
  • The platform offers personalized insights by analyzing vast amounts of financial and market data.
  • Databook reduces time-to-close by 45% and increases deal size by 20% for users.

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Funding

Total Funding

$69.1M

Above

Industry Average

Funded Over

3 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$50M
Databook
$65M
Substack
$100M
ClickUp

Benefits

Competitive salary with bonus

Equity

Medical, Dental and Vision care contributions

401k Retirement Plan

4 weeks vacation plus holidays

Employee referral bonus program

$500 learning stipend to spend on books, courses or other training materials that help you develop skills relevant to your role or professional development

Complimentary subscription to Masterclass

Budget for home office equipment

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

0%

2 year growth

-1%
CustomerThink
Mar 6th, 2023
Databook Unveils Strategic Relationship Management (SRM) Platform to Boost Enterprise Sales Productivity | CustomerThink

Databook today unveiled the industry’s first Strategic Relationship Management (SRM) platform to enable sellers to create, manage, and maintain strategic relationships at scale.

TechCrunch
Dec 22nd, 2022
Avoid 3 Common Sales Mistakes Startups Make During A Downturn

cameraImage Credits: Anthony Lee (opens in a new window) / Getty ImagesAnand Shah, CEO and co-founder of Databook, has more than 15 years of experience in helping Fortune 500 CXOs develop strategic relationships with prospects to drive top-line growth for the enterprise.More than 150,000 workers lost their jobs this year as layoffs swept across the tech landscape since June. Constant news cycles have analyzed every aspect of these staff reductions for meaning and lessons. How did we get here? How are companies managing employees? Are there more layoffs on the way?And, critically, what’s next for tech? Investors are now demanding profitability over growth. This extreme change in the business model investors want has left companies with difficult decisions ahead and no playbook. Without the liberty a low-cost capital environment affords, for investors, new ventures that promise uncertain returns are a thing of the past, or at least, a much smaller focus.What every company needs now is efficient sales.But there is a big difference between knowing that you need efficient revenue and knowing how to get it. Leaner teams, fewer resources, and a tough macro environment mean that CROs are forced to make big changes to budgets, staffing and how they market and sell.But maintaining revenue while the CFO is cutting costs by 5%-20% is not an easy task for anyone — and doing more of the same won’t get you there

DataBook
Aug 25th, 2022
Databook Labs, Inc. hired Marta Molina Paul as Senior Vice President, People Operations on Aug 25th 22'.

Databook, a revenue technology company, today announced that Marta Molina Paul has been named the company’s Senior Vice President, People Operations.

DataBook
Aug 8th, 2022
Databook Labs, Inc. hired Jeff Epstein as Board of Directors on Aug 8th 22'.

Databook, a revenue technology company, today announced the addition of veteran technologist and financial operations expert Jeff Epstein to the company’s Board of Directors.

Business Wire
Jul 19th, 2022
Databook Accelerates Business Momentum With Record Hiring, Revenue Growth, And Expansion

PALO ALTO, Calif.--(BUSINESS WIRE)--Databook, a revenue technology company, today shared several significant company achievements that reflect outstanding midyear momentum. Chief among these achievements is Databook’s ongoing exponential revenue growth. Since securing its Series B funding earlier this year, the company has continued its rapid upward trajectory with Annual Recurring Revenue (ARR) growth of 177% YoY—putting Databook on track to achieve a fifth consecutive year of 3x growth. Additionally, the company has a net revenue retention (NRR) in excess of 250% YoY. These figures illustrate Databook’s increases in both marketshare and customer satisfaction

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