Overview

LeanData automates go-to-market operations to enhance productivity within Salesforce, a popular CRM platform. The company focuses on optimizing lead routing, directing potential customer information to the appropriate sales or marketing teams, which helps businesses respond to leads more quickly and effectively. LeanData's software solutions allow clients to visualize and adapt their lead management processes based on data-driven insights. The goal is to improve efficiency and drive revenue growth for businesses using Salesforce.

Simplify's Take

What believers are saying

• Rising demand for AI-driven lead scoring boosts LeanData's market potential.
• Remote work trends increase the need for LeanData's cloud-based solutions.
• Emphasis on data privacy aligns with LeanData's secure data management features.

What critics are saying

• Emerging startups offer cheaper lead routing solutions, threatening LeanData's market share.
• Salesforce's native lead routing features could reduce LeanData's demand.
• Economic downturns may lead to reduced spending on LeanData's solutions.

What makes LeanData unique

• LeanData excels in Lead-to-Account Matching and Routing solutions.
• The platform integrates seamlessly with Salesforce, enhancing CRM capabilities.
• LeanData offers a unified approach to sales and marketing operations.

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Funding

Total Funding

$42.6M

Below

Industry Average

Funded Over

3 Rounds

$27,500,000

Series C

Mar 2019

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

Below Average

Industry standards

Ind Avg. $50M

$16M

$27.5M

$40M

$50M

$62M

$100M

View all funding stages