Palette - About the company
Palette is a series A company based in Paris (France), founded in 2020 by Fabien Pinel and J Y Delmotte. It operates as a Cloud based platform offering software to manage sales commission. Palette has raised $6.12M in funding from Y Combinator and Bain Capital Ventures. The company has 113 active competitors, including 22 funded and 10 that have exited. Its top competitors include companies like Xoxoday, Varicent and Everstage.
Company Details
Cloud based platform offering software to manage sales commission. The platform offers sales compensation software that enables members to design, manage and optimize sales commission plans. It allows members to automate commission calculations and display a real time dashboard for each representative, avoid errors, and track commission history. Tyk, Play Play, Mews, SalesScreen, Gorgias, and Kandji are some of its clients.
- Website
- www.palettehq.com/
- Email ID
- *****@palettehq.com
Key Metrics
Founded Year
2020
Location
Paris, France
Stage
Series A
Total Funding
$6.12M in 2 rounds
Latest Funding Round
Investors
Ranked
23rd among 113 active competitors
Employee Count
4 as on Jun 30, 2026
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Palette's funding and investors
Palette has raised a total funding of $6.12M over 2 rounds. Its first funding round was on Sep 01, 2021. Its latest funding round was a Series A round on May 18, 2022 for $*****. 14 investors participated in its latest round. Palette has 5 institutional investors and 10 angel investors.
Here is the list of recent funding rounds of Palette:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 18, 2022 | 9710411 | Series A | 9063676 | 9629738 | 3401436 | 3940581 |
Sep 01, 2021 | 5855647 | Seed | 9845567 | 4791426 | 5237544 |
View details of Palette's funding rounds and investors
Palette's founders and board of directors
Founder? Claim ProfileThe founders of Palette are Fabien Pinel and J Y Delmotte.
Here are the details of Palette's key team members:
- Fabien Pinel: Co-Founder of Palette and founder of 1 other company. Contact Info: 1 email address
- J Y Delmotte: Co-Founder of Palette and founder of 1 other company.
View details of Palette's Founder profiles and Board Members
Palette's employee count trend
Palette has 4 employees as of Jun 26. Here is Palette's employee count trend over the years:
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Palette's Competitors and alternates
Top competitors of Palette include Xoxoday, Varicent and Everstage. Here is the list of Top 10 competitors of Palette, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of rewards and loyalty platform that enables businesses to run employee engagement, customer loyalty, and incentive programs | $101M | 77/100 | ||
2nd | Provider of incentive compensation management solutions for enterprises | $49M | 71/100 | ||
3rd | Everstage 2020, Wilmington (United States), Series B | Platform offering software to manage sales commissions | $44.7M | 70/100 | |
4th | CaptivateIQ 2017, San Francisco (United States), Series C | Platform offering sales incentive management software | $165M | 69/100 | |
5th | QuotaPath 2018, Philadelphia (United States), Series B | SaaS-based performance management system for sales professionals | $67.3M | 63/100 | |
6th | Spiff 2015, Salt Lake City (United States), Acquired | Compensation and commission management software | $109M | 59/100 | |
7th | Board 1994, Chiasso (Switzerland), Acquired | Cloud-based financial planning and analysis and budgeting solutions for enterprises | $23.8M | 57/100 | |
8th | Monocle 2023, New York City (United States), Acquired | Provider of an AI platform personalizing customer interactions across marketing channels | $7.5M | 56/100 | |
9th | Cloud based ERP software and management solutions for businesses | $8.68M | 53/100 | ||
10th | Provider of performance management solutions for enterprises | - | - | 52/100 | |
23rd | Cloud based platform offering software to manage sales commission | $6.12M | 35/100 |
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Palette's Investments and acquisitions
Palette has made no investments or acquisitions yet.
Reports related to Palette
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