Showpad

Showpad

Sales enablement platform for marketing teams

About Showpad

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

Industries

Data & Analytics

Enterprise Software

Company Size

201-500

Company Stage

Series D

Total Funding

$159.5M

Headquarters

Ghent, Belgium

Founded

2011

Overview

Showpad is a sales enablement platform that helps marketing and revenue teams by providing tools to enhance the performance of sales teams. The platform offers features such as sales content management, which allows sales representatives to easily access the right materials for their interactions with buyers. It also includes seller effectiveness tools that provide training and coaching, helping sales teams to build trust with potential customers. Additionally, Showpad provides analytics and insights that give teams a comprehensive view of their performance, enabling informed decision-making. Operating on a subscription-based model, Showpad ensures a consistent revenue stream while offering over 65 integrations and an open API to fit into existing workflows. The company's goal is to empower sales teams with the resources they need to engage effectively with buyers and improve overall sales processes.

Simplify Jobs

Simplify's Take

What believers are saying

  • Showpad's AI features enhance training and coaching for sales teams.
  • The platform's integration with virtual exhibition technologies offers immersive product showcases.
  • Showpad's SaaS model ensures a steady stream of recurring revenue.

What critics are saying

  • Increased competition from CaptivateIQ's advanced automation solutions may attract Showpad's potential customers.
  • Rapid AI advancements by competitors like Upland Software may outpace Showpad's offerings.
  • The trend towards no-code platforms pressures Showpad to enhance platform flexibility.

What makes Showpad unique

  • Showpad offers a comprehensive sales enablement platform with integrated AI capabilities.
  • The platform supports over 65 pre-configured integrations and an open API for flexibility.
  • Showpad is recognized as a leader in sales readiness solutions by Forrester.

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Funding

Total Funding

$159.5M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:
Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Meet Average

Industry standards

$77M
$70M
Twilio
$70M
Showpad
$80M
Handshake
$100M
Affirm

Benefits

Paid Holidays

Paid Vacation

Parental Leave

Professional Development Budget

Hybrid Work Options

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

โ†“ -1%

1 year growth

โ†“ -4%

2 year growth

โ†“ -2%
De Tijd
Sep 18th, 2024
Softwarebedrijf Showpad haalt vers geld op

Het Gentse softwarebedrijf Showpad haalt vers geld op, vooral om zijn jongste herstructurering te financieren.

Showpad
Sep 3rd, 2024
Showpad named a Leader in Revenue Enablement Platforms by global analyst firm

Showpad named a Leader in Revenue Enablement Platforms by global analyst firm.

PR Newswire
Mar 13th, 2024
Captivateiq Expedites Time-To-Payroll For Revenue Teams With New Solution

Enterprise Workflow Automation brings intelligence, automation and flexibility to complex commission processes, driving efficiency and timely payoutsSAN FRANCISCO, March 13, 2024 /PRNewswire/ -- CaptivateIQ , a leading incentive compensation management (ICM) solution, today introduced Enterprise Workflow Automation, a solution that enables compensation administrators to build intelligent and automated commissions workflows that fit their specific business needs and ultimately expedite Time-to-Payroll (TTP).TTP serves as a critical benchmark in evaluating the efficiency of a company's commissions process. However, once commissions calculations are run, compensation administrators and revenue teams often face weeks of painstaking reviews, disputes, and approvals that span different teams and systems. This manual orchestration can lead to communications sprawl, error-prone outputs, and, inevitably, delays in getting commissions paid out โ€“ which not only takes up significant time for the admins, but in turn impacts team performance and motivation.As the foundation for Enterprise Workflow Automation, CaptivateIQ designed a Custom Workflow Builder to save compensation teams time while keeping sellers motivated through faster delivery of incentives. Available immediately is the ability to build custom workflows for one of the most common and lengthiest parts of the TTP process: inquiry approvals. With Custom Workflow Builder, admins can build intelligent workflows that define unique inquiry types, automate inquiry assignment, add approvals to those inquiries and offer visibility into those approvals all in one place.Looking forward, CaptivateIQ will build reviews, processing, and adjustments into the Custom Workflow Builder to cover the entire gamut of activities in the commissions to payroll process. The flexibility to automate any commissions workflow through CaptivateIQ's no-code platform will cut down on manual triage, create a source of truth for communications, help ensure accurate data adjustments, and drive a more efficient commissions process.Based on a 2024 CaptivateIQ customer survey, CaptivateIQ users see an average reduction of 31% in TTP, from 14.7 days to 10.1 days and, in some cases, much more

Showpad
Jan 16th, 2024
Showpad Recognized Among Built In's Best Places to Work 2024

Showpad recognized among Built In's Best Places to Work 2024.

OpenPR
Oct 25th, 2023
Sales Enablement Platform Market is Booming Worldwide | Upland Software, Highspot, Bigtincan, Showpad, Brainshark

In March 2019, Upland Software had announced new Enterprise Cloud Solution Suites that hereby include Customer Experience Management, Enterprise Sales Enablement, Project and Financial Management, Secure Document Services, Professional Services Automation, Document Lifecycle Automation, and Enterprise Knowledge Management.

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