Varicent

SaaS solutions for revenue growth management

Toronto, Ontario, Canada

About Varicent

Varicent provides software solutions that help businesses improve their revenue growth. Their products allow companies to create effective territory and quota plans, streamline their revenue operations, and design incentive programs that motivate sales teams. Varicent's software works by offering tools that enable users to analyze data and make informed decisions about their sales strategies. What sets Varicent apart from its competitors is its focus on the specific needs of revenue leaders, ensuring that their solutions are tailored to help clients achieve their growth goals. The main aim of Varicent is to empower businesses to optimize their sales performance and revenue management processes through data-driven insights.

Toronto, CanadaHeadquarters
2003Year Founded
$34MTotal Funding
SERIES_CCompany Stage
Data & Analytics, Enterprise SoftwareIndustries
501-1,000Employees

Risks

Generative AI-based Assistants may face data privacy and security challenges.
Strategic investment may increase pressure for rapid growth, straining resources.
Acquisition of Concert Finance may present integration challenges.

Differentiation

Varicent's Generative AI-based Assistants enhance sales planning and data transformation.
Strategic investment enables Varicent to accelerate AI-driven capabilities and market position.
Recognition in The Forrester Wave™ highlights Varicent's leadership in the SPM sector.

Upsides

Generative AI-based Assistants provide a competitive edge in the SPM market.
Strategic investment supports rapid development of AI-driven capabilities.
Acquisition of Concert Finance expands Varicent's commissions software capabilities.

Funding

Total raised$34.05 M
Latest valuation$175.00 M
StageSERIES_C
SERIES C
9/30/2009
$35
$175.00 M