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Spiff

company

About

Spiff is a compensation platform for revenue and sales organizations that helps automate complex commission processes and motivate sales.

  • 251 - 500

Highlights

Total Funding Amount
$56M
Funding Rounds
2
Investors
1

Details

Last Funding Type
Series B
Last Funding Money Raised
$46M
Industries
Financial Services,FinTech,SaaS,Sales,Sales Automation
Founded date
Oct 1, 2017
Number Of Employee
251 - 500
Operating Status
Active

Spiff is a commission automation software that creates trust across the organization by delivering real-time, automation of complex commission processes. The platform uses machine learning to connect with all the commission systems including ERP, payments, and payroll, as well as matches records and eliminates errors between systems that enable clients to provide their sales teams with proper tools to generate more sales easily.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$56M
Spiff has raised a total of $56M in funding over 2 rounds. Their latest funding was raised on Jun 1, 2021 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 1, 2021 Series B $46M 1 — — Detail
Jun 26, 2020 Series A $10M 1 — — Detail

Investors

Number of Lead Investors
Number of Investors
—
1
Spiff is funded by 1 investors. Norwest Venture Partners are the most recent investors.
Investor Name Lead Investor Funding Round
Norwest Venture Partners — Series B
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