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Groove

Groove

Sales engagement platform for Salesforce users

About

Groove is a sales engagement platform that helps companies using Salesforce automate repetitive tasks that do not directly involve selling. This allows sales representatives to concentrate on building relationships and increasing revenue. The platform is particularly useful for full-cycle sellers, who manage the entire sales process from prospecting to closing deals. Groove serves a wide range of clients, including major companies like Google and Uber, and offers tailored solutions for various industries such as technology and financial services. Its business model is based on a subscription service, where clients pay a recurring fee to access the software. Groove stands out from competitors due to its high product quality and customer satisfaction, consistently ranking first on G2 for over two years. The company's goal is to enhance the efficiency and effectiveness of sales teams by automating non-sales tasks.

Company Stage

M&A

Employees

51-200

Industries

Robotics & Automation, Enterprise Software

Total Funding

$61.1M

Headquarters

N/A

Founded

2014


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Simplify's Take

What believers are saying

  • The acquisition by Clari positions Groove to be part of a comprehensive revenue platform, potentially expanding its market reach and capabilities.
  • Groove's consistent high rankings and awards, such as the Deloitte Technology Fast 500 and TrustRadius Best Software Awards, indicate strong market validation and growth potential.
  • The recent $45M Series B funding round provides Groove with the financial resources to expand its international operations and further develop its product offerings.

What critics are saying

  • Integration challenges with Clari could disrupt Groove's operations and affect employee morale.
  • The highly competitive sales engagement market requires continuous innovation to maintain its leading position, posing a risk if Groove fails to keep up.

What makes Groove unique

  • Groove's exclusive focus on Salesforce users allows it to offer highly specialized and integrated solutions, unlike more generalized sales engagement platforms.
  • The company's consistent top ranking in customer satisfaction on G2 for 17 consecutive quarters highlights its superior product quality and customer service.
  • Groove's tailored solutions for specific industries, such as financial services, set it apart from competitors who offer more generic products.

Growth & Insights
Headcount

6 month growth

-53%

1 year growth

-22%

2 year growth

-53%

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