Salsify

Salsify

Platform for managing product data and assets

About Salsify

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

Industries

Data & Analytics

Consumer Software

Company Size

501-1,000

Company Stage

Series F

Total Funding

$440.3M

Headquarters

Boston, Massachusetts

Founded

2012

Overview

Salsify provides a platform called CommerceXM that helps brands and retailers manage their product data and digital assets for online sales. The platform combines Product Information Management (PIM), Digital Asset Management (DAM), and Experience Management (XM) to ensure that product information is consistent and engaging across various online channels. Clients, including direct-to-consumer brands and large retailers, can automate the transformation of digital assets and synchronize supply chain data, which allows them to maintain a single source of truth for their product listings. This capability improves operational efficiency and enhances customer engagement, ultimately leading to increased sales. Salsify operates on a subscription-based model, offering different service tiers to meet the varying needs of its clients.

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Simplify's Take

What believers are saying

  • Recognition as a 'Leader' in PIM boosts market credibility and client attraction.
  • Partnership with Mamenta expands global reach and revenue opportunities.
  • New CFO David Forlizzi may introduce strategies for growth and profitability.

What critics are saying

  • Increased competition from PIM leaders like Akeneo and Contentserv pressures Salsify to innovate.
  • Recent layoffs may impact operational capacity and employee morale.
  • Focus on new technology products could strain resources and affect core offerings.

What makes Salsify unique

  • Salsify integrates PIM, DAM, and XM for comprehensive digital commerce management.
  • CommerceXM platform offers seamless synchronization of supply chain data and digital assets.
  • Salsify's AI-driven content validation enhances product information accuracy and engagement.

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Funding

Total Funding

$440.3M

Above

Industry Average

Funded Over

6 Rounds

Series F funding comparison data is currently unavailable. We're working to provide this information soon!
Series F Funding Comparison
Coming Soon

Benefits

Health Insurance

Unlimited Paid Time Off

Stock Options

Health Savings Account/Flexible Spending Account

Growth & Insights and Company News

Headcount

6 month growth

↓ -1%

1 year growth

↑ 0%

2 year growth

↑ 0%
The Manila Times
Nov 20th, 2024
Salsify Appoints David Forlizzi as New Chief Financial Officer

BOSTON, Nov. 20, 2024 (GLOBE NEWSWIRE) - Salsify, the platform empowering brand manufacturers, distributors, and retailers to win on the digital shelf, has named David Forlizzi as its new Chief Financial Officer.

IT Press Releases
Nov 19th, 2024
The Top Product Information Management Software According to the FeaturedCustomers Fall 2024 Customer Success Report

Market Leaders - Akeneo, censhare, Contentserv, inriver, Pimcore, Plytix, Salsify, and Syndigo were given the highest "Market Leader" award.

Digital Commerce 360
Jul 8th, 2024
Q&A: Salsify CEO Piyush Chaudhari on winning the digital shelf

There's a reason that Salsify was named a "Leader" in the most recent Forrester Wave in our space.

Digital Commerce 360
Jun 19th, 2024
Salsify faces significant growth ahead, its new CEO says

Chaudhari is joining Salsify at a time when the company is rolling out new technology products designed to improve how companies can manage and syndicate branded product descriptions and images to attract online customers and boost conversion rates.

AiThority
Feb 21st, 2024
Salsify Launches AI-powered Salsify PXM Advance Platform for Content Validation

Salsify was named a "Leader" in Forrester's market evaluation, "The Forrester Wave(TM): Product Information Management, Q4 2023".

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