Full-Time

Federal Account Development Representative

Posted on 11/20/2024

Instabase

Instabase

201-500 employees

Enterprise software for data automation solutions

Enterprise Software
Financial Services
Healthcare

Compensation Overview

$75k - $82kAnnually

+ Commission + Equity

Junior, Mid

Washington, DC, USA + 1 more

More locations: New York, NY, USA

Hybrid position.

Category
Field Sales
Sales & Account Management
Required Skills
Sales
Requirements
  • 1-3 years of proven experience in sales.
  • Ability to own strategy for growing install base and selling to white space accounts in the federal government.
  • High aptitude for cross-functional collaboration and cross-functional influence both internally and externally.
  • Strong ability to understand an enterprise and develop key points of contact in multiple departments across multiple levels of leadership.
  • Research and a data-driven approach to account planning and proactively identify opportunities from business-led discussions.
  • Self-starter who is invested in the team's success and can work in a startup environment.
  • Highly technically curious and creative, enjoys solving problems from scratch with first principles.
  • A vetted interest in a growing career within Instabase.
Responsibilities
  • Account planning & mapping across Federal accounts to define a prospecting approach.
  • Discover potential customers’ unique challenges and own new business opportunity creation for the Instabase Field team.
  • To conduct high-level discovery calls and work as part of a selling team focusing on initial relationship development.
  • Lead initial demonstrations of the AI Hub platform and drive use case discovery and requirements gathering independently.
  • Educate customers on how the AI Hub platform can benefit them financially and professionally.
  • Establish, develop and maintain positive business and customer relationships.
  • Attend events (online and physical) to meet with prospective customers and advocate and evangelize Instabase’s products.
  • Monitor industry competitors, new products, and market conditions to understand a customer's specific needs.
  • Qualify inbound leads based on use case, size, and business pain to help generate early-stage opportunities.
  • Lead end-to-end transactional deals that originate inbound for the AI Hub Commercial segment.

Instabase provides a platform that helps large enterprises manage and analyze complex unstructured data, such as invoices and contracts. The platform includes configurable toolkits and building blocks that allow users to automate data processing tasks. Clients can deploy the platform on-premises or in private cloud environments, making it adaptable to their needs. Instabase differentiates itself from competitors by offering a high level of configurability and cognitive understanding, enabling users to create tailored solutions quickly. The company's goal is to enhance productivity and reduce operational costs for its clients through effective data automation.

Company Stage

Series C

Total Funding

$172.2M

Headquarters

Bengaluru, India

Founded

2015

Growth & Insights
Headcount

6 month growth

-6%

1 year growth

-12%

2 year growth

-29%
Simplify Jobs

Simplify's Take

What believers are saying

  • Instabase's AI solutions are already being utilized by four of the top five banks, indicating strong market penetration and trust.
  • The company's expansion into India under the leadership of Deepak Sharma suggests significant growth potential in emerging markets.
  • Instabase's groundbreaking Conversational AI for cross-document reasoning and its own version of LLM based on LLaMa2 model highlight its commitment to continuous innovation.

What critics are saying

  • The competitive landscape in AI and unstructured data processing is intense, requiring Instabase to continuously innovate to maintain its edge.
  • Rapid expansion, such as the move into India, could strain resources and operational capabilities if not managed effectively.

What makes Instabase unique

  • Instabase's AI Hub uniquely focuses on unlocking unstructured data across various formats, setting it apart from competitors who may not offer such comprehensive data processing capabilities.
  • The company's partnerships with industry leaders like Resistant AI and Burnie Group enhance its AI capabilities, providing a competitive edge in document fraud detection and workflow automation.
  • Instabase's recognition by prestigious organizations like Goldman Sachs and Forbes underscores its innovative approach and market leadership.

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Benefits

Healthcare and Wellness - We marry the benefits of moving fast at a scaling startup with the stability of larger corporations. Instabase pays 100% of top tier employee medical, dental, vision plans and takes care of dependents. Instabase also offers an FSA company match.

Financial Planning - Instabase believes in investing in you and your future by providing a company 401(k) match and financial planning resources.

Family Planning - Every Instabaser is eligible for paid time off to care for their newborn or adopted child. We’ve also teamed up with Carrot Fertility to help support every Instabaser on their family forming journey.

Paid Time Off - At Instabase, we believe in providing employees the ability to rest, reflect, and recharge through unlimited paid time off and holidays.