Spiff Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 279

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $419M

Spiff General Information

Description

Developer of a sales compensation platform designed to automate commissions and serve sales teams. The company's platform uses machine learning to connect with all the commission systems including enterprise resource planning, payments and payroll, match records and eliminate errors between systems, enabling businesses to provide their sales teams with proper tools to generate more sales.

Contact Information

Website
www.spiff.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 9815 South Monroe 500
  • Suite 501
  • Sandy, UT 84070
  • United States
+1 (385)
Primary Industry
Business/Productivity Software
Other Industries
Financial Software
Media and Information Services (B2B)
Parent Company
Salesforce
Vertical(s)
Artificial Intelligence & Machine Learning, FinTech, Mobile
Corporate Office
  • 9815 South Monroe 500
  • Suite 501
  • Sandy, UT 84070
  • United States
+1 (385)

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Spiff Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Merger/Acquisition 01-Feb-2024 $419M Completed Generating Revenue
6. Later Stage VC (Series C) 16-May-2023 Completed Generating Revenue
5. Early Stage VC (Series B) 01-Jun-2021 Completed Generating Revenue
4. Early Stage VC (Series A1) 23-Jul-2020 Completed Generating Revenue
3. Early Stage VC (Series A) 26-Jun-2020 Completed Generating Revenue
2. Seed Round 21-Oct-2019 $2.8M $2.8M Completed Generating Revenue
1. Accelerator/Incubator 01-Jan-2019 Completed Generating Revenue
To view Spiff’s complete valuation and funding history, request access »

Spiff Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series C
Series B
Series A-1
Series A
Seed Plus 4,508,126 $0.000010 $0.62 $0.62 1x $0.62 4.47%
Seed 7,621,950 $0.000010 $0.4 $0.4 1x $0.4 7.56%
To view Spiff’s complete cap table history, request access »

Spiff Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a sales compensation platform designed to automate commissions and serve sales teams. The company's platfor
Business/Productivity Software
Sandy, UT
279 As of 2024

San Francisco, CA
 

Wilmington, DE
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Spiff Competitors (17)

One of Spiff’s 17 competitors is CaptivateIQ, a Venture Capital-Backed company based in San Francisco, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
CaptivateIQ Venture Capital-Backed San Francisco, CA
Everstage Venture Capital-Backed Wilmington, DE
PROS Holdings Formerly PE-Backed Houston, TX
Commissionly Venture Capital-Backed London, United Kingdom
Allbound Private Equity-Backed Atlanta, GA
You’re viewing 5 of 17 competitors. Get the full list »

Spiff Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Spiff Former Investors (22)

Investor Name Investor Type Holding Investor Since Participating Rounds
Album VC Venture Capital Minority
Angel (individual) Minority
Crew Capital Venture Capital Minority
Angel (individual) Minority
EPIC Ventures Venture Capital Minority
You’re viewing 5 of 22 investors. Get the full list »

Ready to get started?

Request a free trial

Spiff FAQs

  • When was Spiff founded?

    Spiff was founded in 2017.

  • Where is Spiff headquartered?

    Spiff is headquartered in Sandy, UT.

  • What is the size of Spiff?

    Spiff has 279 total employees.

  • What industry is Spiff in?

    Spiff’s primary industry is Business/Productivity Software.

  • Is Spiff a private or public company?

    Spiff is a Private company.

  • What is the current valuation of Spiff?

    The current valuation of Spiff is .

  • What is Spiff’s current revenue?

    The current revenue for Spiff is .

  • How much funding has Spiff raised over time?

    Spiff has raised $118M.

  • Who are Spiff’s investors?

    Album VC, , Crew Capital, , and EPIC Ventures are 5 of 22 investors who have invested in Spiff.

  • Who are Spiff’s competitors?

    CaptivateIQ, Everstage, PROS Holdings, Commissionly, and Allbound are some of the 17 competitors of Spiff.

  • When was Spiff acquired?

    Spiff was acquired on 01-Feb-2024.

  • Who acquired Spiff?

    Spiff was acquired by Salesforce.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »