Walnut

Walnut

Software platform for interactive product demos

About

Walnut is a software sales platform that helps businesses create interactive and personalized product demos, making sales more efficient and aiding in deal closures. It allows users to track insights directly in the customer's CRM and provides engaging tutorials and feature walkthroughs to enhance product adoption. Walnut stands out by offering reusable templates for demo personalization, ensuring a better buying experience with interactive and tailored demos. The platform claims to help businesses book 25% more meetings, deliver 10X more demos, and close 20% more deals.

Company Stage

Series B

Employees

51-200

Industries

Consumer Software, Enterprise Software

Total Funding

$54.5M

Headquarters

N/A

Founded

2020


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Simplify's Take

What believers are saying

  • Walnut's rapid growth, including a 700% increase and a $35M Series B funding, indicates strong market demand and financial health.
  • The addition of high-profile executives from companies like Spotify, Facebook, and Google strengthens Walnut's leadership and innovation capabilities.
  • The launch of 'Ace' and Walnut for Teams demonstrates continuous product innovation, likely leading to increased market share and customer satisfaction.

What critics are saying

  • The competitive landscape with other interactive demo platforms like Reprise, Demostack, and Navattic could limit Walnut's market penetration.
  • Rapid scaling and growth may lead to operational challenges and potential dilution of company culture.

What makes Walnut unique

  • Walnut's ability to create reusable demo templates saves significant time on personalization, a feature not commonly found in competitors.
  • The integration of OpenAI, Slack, and Gmail in their new 'Ace' suite streamlines the demo process, enhancing sales team productivity.
  • Walnut's focus on providing bug-free, interactive, and personalized demos ensures a superior buying experience tailored to each buyer's specific needs.

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Growth & Insights
Headcount

6 month growth

4%

1 year growth

-1%

2 year growth

-16%

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