With the resurgence of COVID-19, businesses and organizations are scrambling to reorganize their systems and processes in order to survive.
With this in mind, we created a list of the seven most innovative startups posed to take advantage of the remote working trend created by COVID-19.
Hopin – Hopin’s technology allows events to recreate the traditional in-person conference, online. This includes features that allow hosts to have digital equivalents of real-world event locations and activities, like expo centers, various stages and networking capabilities. The company has seen its employee base grow from eight to 60 this year, and targets 200 by the end of 2020, according to CEO Johnny Boufarhat. The firm is staffing up as usage of its technology expands, with the “number of monthly attendees of events” hosted using its technology growing from 16,000 in March — when COVID-19 lockdowns were accelerating — to 175,000 in May, according to the company.
Most Recent Funding Round: June 25, 2020: $40 million Series A led by IVP
Groove Groove provides a transparent, machine-learning, optimized layer between Gmail and Salesforce, enabling sales teams to automate and intelligently engage with leads. Groove eliminates the need for CRM data entry and provides managers with real-time visibility into activity levels and performance, regardless of location. Groove also provides visibility into activity levels, forecasting and performance against goals.
Most Recent Funding Round: May 7, 2020: $12 million in Series A funding from Level Equity and Capital One Ventures
ZoomInfo is widely recognized as the de-facto standard for B2B contact data, including emails and phone numbers. Approximately 192,000 paid users are on its platform and its customer list includes more than 14,000 companies
Most Recent Funding Round: Since its initial public offering, the companies valuation has doubled to $17.1 billion
Gong.io When your entire sales team is remote, it’s imperative that sales leaders have visibility into the frequency and content of their interactions with prospects and customers. This conversational intelligence platform uses AI to analyze the content of every call and provide insights in aggregate.
Gong.io’s Most Recent Funding Round: February 7, 2019: $40 million Series B investment led by Battery Ventures
Highspot – Sales enablement platforms were built to support marketers and training professionals that needed to align remote, global teams by surfacing the latest, most appropriate content to use during a sales cycle. Highspot is a flexible choice that integrates with Salesforce and sales engagement platforms like Groove.
Most Recent Funding Round: June 4, 2019: 60 million in series D financing led by Iconiq Capital, with participation from Sapphire Ventures and existing investors Madrona Venture Group, OpenView, Salesforce Ventures, and Shasta Ventures.
Docusign – Faxing and/or emailing signed contracts are the equivalent of a dinosaur in B2B sales. Get with modern times and use a digital signature platform to ensure a completely digitized legal trail and accelerated speed-to-close, wherever your closers may be.
Funding: Shares of DocuSign soared 23.2% in June, with billings up 59% year over year to $342 million. The companies share price has more than doubled from $75.90 since the start of the year.
Zoom is the poster child of success as a result of remote working. “Though the spread of COVID-19 made Zoom’s service as essential to working as internet access, the company had already laid the foundation for its current success with consistently strong growth.”
Funding: For the full fiscal year ending January 2021, Zoom is guiding for $1.78 billion to $1.8 billion of revenue, compared with its initial guidance of $905 million to $915 million.