CommercialTribe
Develop salespeople to shorten ramps and boost sales quota attainment with the world's #1 sales training and enablement software as a service platform.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor investor investor investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | $1.6m | Early VC | |
| Total Funding | 000k | ||
| USD | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | (7 %) | - | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates, Company filings or news article
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Founded in 2013 by Paul Ironside and Jonathan Palay, CommercialTribe is a SaaS company operating in the revenue intelligence sector from its headquarters in Denver, Colorado. Ironside, the CEO, draws from an 18-year career building and scaling sales organizations at Gartner and CEB, which provided him with deep insights into sales management and representative development. This background directly informed the creation of CommercialTribe. The firm targets larger enterprise clients, often with over 100 employees, in industries like computer software.
The company's core offering has evolved into a sales management intelligence platform focused on enhancing the effectiveness of frontline sales managers. Its primary product, CT Connect, provides data-driven insights into how sales managers allocate their time, aiming to shift their focus from administrative tasks to high-value activities like co-selling and coaching new hires. Previously, the company offered CT Coach, a tool for managers to assess sellers against specific behaviors, track progress, and provide structured feedback. This was based on the analysis of over 40,000 B2B sales interactions to identify key selling behaviors. The business model is top-down, selling directly to chief revenue officers and other sales leaders. Revenue is generated through this direct sales model, with annual contracts.
CommercialTribe's platform is designed to identify and eliminate low-value administrative tasks, enabling leaders to reprioritize manager efforts toward market-facing activities and coaching that drives performance. The system provides analytics and visibility into management activities that were previously difficult to track, allowing for adjustments to the operating cadence and a better understanding of go-to-market readiness. Over its history, the company has raised a total of $14.6 million in funding over several rounds from investors including Grotech Ventures, Boulder Ventures, and Access Venture Partners. However, PitchBook data indicates the company's status as 'Out of Business' as of October 2023.
Keywords: sales management intelligence, revenue intelligence, sales coaching, sales performance, B2B SaaS, sales analytics, sales enablement, go-to-market, frontline sales managers, operating cadence