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Overview
Spiff provides a commission management platform for businesses with sales teams in the fintech space. It centralizes creating, managing, and automating sales commissions, giving real-time visibility and a clear view of the payout process. The product combines a spreadsheet-like interface with automation to build complex plans quickly and handles team changes, rep moves, and performance reporting in one place. Spiff stands out by offering end-to-end commission lifecycle coverage, transparency, and workflow tools that reduce friction and help motivate sales teams, with a goal of simplifying and speeding up planning and payout while improving trust among stakeholders.
About Spiff
Industries
Data & Analytics
Enterprise Software
Fintech
Financial Services
Company Size
11-50
Company Stage
Series C
Total Funding
$115M
Headquarters
Sandy, Utah
Founded
2017
Simplify's Take
What believers are saying
- Salesforce acquisition integrates Spiff into leading CRM ecosystem.
- Series C $50M funding from Salesforce Ventures fuels product expansion.
- 800% growth doubles customers to 1,000 and workforce to 275.
What critics are saying
- CaptivateIQ steals 30% mid-market share with faster AI and pricing.
- Palette captures Fortune 500 contracts surpassing Spiff Designer.
- Salesforce absorbs Spiff into ICM by Q4 2026, ending standalone operations.
What makes Spiff unique
- Spiff Assistant uses generative AI to predict commissions and optimize workflows.
- Spiff Designer offers no-code builder with prebuilt models and error handling.
- Commission Estimator provides real-time Salesforce visibility into deal impacts.
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Funding
Total Funding
$115M
Above
Industry Average
Funded Over
5 Rounds
Lightspeed Venture PartnersIndustry standards
Growth & Insights and Company News
6 month growth
↑ 33%1 year growth
↑ 33%2 year growth
↑ 33%Salesforce has announced plans to acquire Spiff, a platform that automates commission processes for sales teams.
Spiff, the top provider of sales commission software, has released a series of groundbreaking updates that aim to elevate sales compensation.
Spiff, the leading sales commission software for forward-thinking revenue and sales organizations, announced its generative AI technology, Spiff Assistant, making it easier for customers to self-manage on the Spiff platform by helping them understand and build plans, design and optimize workflows, predict commissions, attainment, and attrition, and provide insights on how commission plans are performing and driving behavior.
Sales commission software provider Spiff has raised $50m in a series C funding round led by Salesforce Ventures.
Spiff also announced the launch of Spiff Designer, its newest model builder, which enables finance and sales ops professionals to build and manage their commission programs- The company is also building products for use cases such as Revenue Recognition, Forecasting, Allocations, and Territory & Quota Planning.
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About Spiff
Industries
Data & Analytics
Enterprise Software
Fintech
Financial Services
Company Size
11-50
Company Stage
Series C
Total Funding
$115M
Headquarters
Sandy, Utah
Founded
2017
There are no jobs for Spiff right now.
Find jobs on Simplify and start your career today