With much of their income tied to performance, sales professionals in all industries want to make informed career decisions. Likewise, in today’s war for talent, employers need better data to help them target the right candidates, at the right time, with the right message, to ensure they hire the right professionals. of sales that best fit their organization.
CHAPEL HILL, North Carolina, May 25, 2022 /PRNewswire/ — RepVue, the world’s largest and fastest growing sales organization assessment platform, today announced that it has been awarded $5 million in a seed funding round led by S3 Ventures with significant participation from TDF Ventures and existing investors including Knoll Ventures and Alerion Ventures. Additionally, RepVue added new investors GTMfund and Triangle Tweener Fund. Industry leaders such as Kyle Porter(CEO of Salesloft), Alex Estevez (former CFO, Atlassian), and Matte Green (CRO, Sales Assembly) also joined the cycle.
Just two years after the beta was released, RepVue users have contributed over 60,000 reviews to 11,000 business organizations worldwide. These assessments include data points on quota attainment, culture, lead flow, compensation, product-market fit and more – making RepVue the most trusted resource for sales professionals in seeking detailed and up-to-date information on potential employers.
“In my 20 years as a sales professional and leader of large sales organizations, I have recognized an acute need for more balanced information in the hiring process, as well as more data-driven decisions. by hiring teams.This funding helps achieve RepVue’s mission to drive transparency in sales organizations and enable sales professionals to discover career opportunities that best match their skills and backgrounds. their experience,” according to ryan walsh, founder and CEO of RepVue. “RepVue will use the funding to extend its leadership and accelerate its growth by hiring additional talent and expanding its data set.”
RepVue will also invest in its fast-growing employer data platform, which enables recruiting teams to gain a competitive edge through unique data insights and targeted access to business talent. Early adopters such as Demand Science, Lob, Highspot, Datadog, Elastic, Metadata.io and others have dramatically improved their talent acquisition funnel with RepVue.
“We partnered with RepVue to increase awareness of our talent brand and fill our pipeline with great sales talent. Since the integration, RepVue has exceeded our expectations and delivered incredible results,” said Jenna Kass, Head of Global Recruitment at Highspot. “RepVue’s data allows us to have data-driven conversations with candidates and hiring managers. As Highspot continues to grow, we need to recruit sales professionals quickly, and RepVue helps us do that with proven success.”
“We already knew from experience that sales hiring was on hold, so we were intrigued when we learned of Ryan’s vision, rapid early growth and the extent to which job seekers and Employers value the company’s unique dataset. We’re thrilled to partner with the RepVue team as they transform sales hiring for the better!” said Eric Engineer, partner at S3 Ventures, who will join the company’s board.
About RepVue, Inc.
RepVue, the world’s leading sales organization assessment platform, leverages over 60,000 user reviews to drive transparency in sales organizations and empower sales professionals to make enlightened careers. Employers also use the platform to gain a competitive edge in finding business talent. Founded by a former go-to-market operations executive with 20 years of experience growing and leading private and public sales organizations, RepVue is on a mission to democratize the true sales environment of the world’s leading sales organizations. .
About S3 Ventures
Backed for more than 17 years by a philanthropic family with a multibillion-dollar foundation, we give visionary founders the patient capital and real resources to build extraordinary, high-impact businesses in enterprise technology, digital experiences and health technologies. With over $900 million in assets under management, we lead seed, Series A and Series B investments ranging from $500,000 for $10M with the ability to invest over $20 million over the lifetime of a business. Learn more about www.s3vc.com.