CaptivateIQ raised $100 million in Series C funding to automate commission management and support high-performing revenue teams.
The funding round was led by ICONIQ Growth, Accel, and Sequoia, with Sapphire joining as a new investor.
CaptivateIQ is used by 28 of the Forbes Cloud 100 companies to strategically manage and maximize incentives.
The investment will focus on core product innovations, simplification and automation, enhancing payee experiences, and providing enterprise support.

CaptivateIQ is a modern solution designed to simplify and automate the administration and calculation of sales commissions. It provides automated data management, flexible calculations, and real-time visibility of earnings, eliminating the need for shadow accounting. With powerful reporting tools, it addresses complex incentive compensation challenges quickly, enhancing transparency and efficiency. This no-code platform allows for plan customization, testing, and adjustment without technical expertise, supported by strong security and compliance standards. Additionally, it centralizes disparate data for analysis, aiming to improve compensation processes, motivate sales reps, and ultimately drive revenue growth.

CaptivateIQ

Simplifies and automates the administration and calculation of sales commissions

CaptivateIQ Raises $100 Million in Series C Funding

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