Thursday, December 26, 2024

Spiff: Raises $10M For Automated Commission Payments

Spiff: Raises $10M For Automated Commission Payments

  • Spiff, which works in sales commission and software, has come off a funding round with $10 million,
  • Some of Spiff’s investors include Norwest Venture Partners, Next World Ventures and Epic Ventures
  • Then the concept behind Spiff is to invent an entirely new category for software based around sales compensation management
  • The Salt Lake City-based company has high profile firms also using its software, including Brex, Workfront, Algolia and Qualys, the publicly traded start up
  • Norwest Venture Partners partner Sean Jacobsohn said the sales compensation software field had long been overdue for a revamp
  • Spiff isn’t Paul’s first foray into the tech world, he previously started Capshare, which was sold to Solium in 2017

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