Overview

LeanData automates go-to-market operations to enhance productivity for businesses using Salesforce. It focuses on optimizing lead routing, directing potential customer information to the right sales or marketing teams, which helps shorten sales cycles and increase revenue. LeanData's software solutions allow businesses to visualize and adapt their lead management workflows based on data-driven insights. The company's goal is to improve the efficiency of sales and marketing teams, ultimately driving revenue growth.

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