Full-Time

Account Executive

Confirmed live in the last 24 hours

Tropic

Tropic

201-500 employees

Software procurement platform for businesses

Enterprise Software

Compensation Overview

$190k - $220kAnnually

+ Incentive Stock Options

Junior, Mid

Remote in USA

Category
Inside Sales
Sales & Account Management
Required Skills
Sales
Requirements
  • 2-3 years in full-cycle sales at high-growth startups
  • Track record of high-performance
  • Experience with selling B2B SaaS products
Responsibilities
  • Manage the entire sales cycle in our new business commercial market segment (up to 1,000 employee companies) from creating opportunities to progressing and closing them
  • Prospect and build pipeline (in partnership with a SDR) through outbound activities (emails, campaigns, calls, videos) and also manage inbound leads
  • Build a strong point of view on prospective customer business challenges and tailor our solution to meet their specific needs and drive business outcomes.
  • Leverage strong product knowledge and sales skills to conduct compelling presentations to showcase the value of our solution
  • Exceed revenue and sales goals while maintaining strong pipeline coverage and an accurate forecast
  • Become a trusted advisor to prospects through honesty and empathy
  • Collaborate with cross functional partners (Marketing, Product, etc.) to uplevel how we attract and acquire customers
  • Stay up to date with industry trends, competitive landscape and emerging technologies so you can leverage this to position our solution effectively
  • Provide a world-class customer experience from the first conversation to the last
  • Participate in all Tropic cultural activities and find ways to enhance our company culture

Tropic provides a software procurement platform designed to help businesses efficiently purchase and manage their software. The platform allows finance and IT managers to oversee all software spending in one location, which simplifies the procurement process and helps save time and reduce costs. Key features include management of software renewals and identification of overlapping software usage, which further enhances its utility. Tropic operates on a subscription-based model, generating recurring revenue from clients who appreciate the platform's user-friendly interface and responsive customer service. By acting as an extension of the client's team, Tropic manages 100% of their software spend, distinguishing itself from competitors in the software procurement market.

Company Stage

Seed

Total Funding

$65.3M

Headquarters

New York City, New York

Founded

2019

Growth & Insights
Headcount

6 month growth

↓ -8%

1 year growth

↓ -19%

2 year growth

↑ 77%
Simplify Jobs

Simplify's Take

What believers are saying

  • The $40M Series B funding led by Insight Partners positions Tropic for accelerated growth and expansion.
  • Clients report significant time and cost savings, enhancing Tropic's reputation and customer satisfaction.
  • The launch of new software procurement tools and modules indicates continuous innovation and value addition for clients.

What critics are saying

  • The niche focus on software procurement may limit market size and growth potential.
  • Economic uncertainties could impact clients' software spending, affecting Tropic's revenue.

What makes Tropic unique

  • Tropic's platform uniquely focuses on managing 100% of a company's software spend, unlike competitors who may only address parts of the procurement process.
  • The partnership with Tranch to offer BNPL options for SaaS purchases provides clients with flexible payment solutions, a feature not commonly found in other procurement platforms.
  • Tropic's Supplier Code of Ethics initiative sets a high standard for ethical procurement practices, distinguishing it from competitors.

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