CaptivateIQ, the leader in sales commission software, today announced it has raised $100 million in Series C financing led by ICONIQ Growth, Accel and Sequoia, with Sapphire also joining as a new investor this round. CaptivateIQ is the leader of an emerging class of Incentive Compensation Management solutions that makes sales commissions easy to track and manage with automated and flexible workflows. This investment comes at a time of great momentum for the company, having more than tripled its revenue compared to the year prior. Today, CaptivateIQ fuels high-performing revenue teams, including those at companies like Amplitude, ClassPass, Gong, and Grammarly. In 2021, the company raised a Series B for $46 million, bringing total funding to date to $164.6 million at a post-money valuation of $1.25 billion.
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