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Vividly

Vividly

Software platform for trade promotion management

About

Vividly provides a software platform for trade and promotion management specifically for consumer packaged goods (CPG) brands in the food and beverage sector. The platform automates processes like planning, forecasting, and deduction matching, which helps brands reconcile discounts with actual sales data. This automation reduces labor and offers better insights into trade spending, allowing brands to connect promotions to their sales strategies in real-time. Vividly aims to enhance financial control and improve promotional effectiveness for its clients through a subscription-based service.

Company Stage

Series A

Employees

51-200

Industries

Food & Agriculture, Enterprise Software

Total Funding

$32M

Headquarters

N/A

Founded

2017


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Simplify's Take

What believers are saying

  • Vividly's automation capabilities significantly reduce labor costs and improve financial control for CPG brands.
  • The platform's real-time integration with sales data allows for more informed decision-making and optimized promotional strategies.
  • Exceptional customer service ensures that clients can effectively implement and benefit from the platform, leading to higher client satisfaction and retention.

What critics are saying

  • The competitive landscape in trade promotion management is growing, with companies like Cresicor also raising significant funding.
  • Dependence on the food and beverage sector may limit market diversification and expose Vividly to sector-specific risks.

What makes Vividly unique

  • Vividly specializes in trade promotion management specifically for CPG brands in the food and beverage sector, unlike broader trade management platforms.
  • The platform's automation of deduction matching and real-time sales integration offers a unique advantage in financial accuracy and operational efficiency.
  • Vividly's SaaS model ensures continuous updates and customer support, providing a seamless user experience.

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Growth & Insights
Headcount

6 month growth

7%

1 year growth

42%

2 year growth

52%

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