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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.
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
Ranked
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
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Palette's founders and board of directors

Founder? Claim Profile
The founders of Palette are Fabien Pinel and J Y Delmotte.
Here are the details of Palette's key team members:

Palette's employee count trend

Palette has 4 employees as of Jun 26. Here is Palette's employee count trend over the years:
Employee count trend for Palette
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Xoxoday
Xoxoday
2012, Bengaluru (India), Series C
Provider of rewards and loyalty platform that enables businesses to run employee engagement, customer loyalty, and incentive programs
$101M
77/100
2nd
Logo for Varicent
Varicent
2003, Toronto (Canada), Acquired
Provider of incentive compensation management solutions for enterprises
$49M
71/100
3rd
Logo for Everstage
Everstage
2020, Wilmington (United States), Series B
Platform offering software to manage sales commissions
$44.7M
70/100
4th
Logo for CaptivateIQ
CaptivateIQ
2017, San Francisco (United States), Series C
Platform offering sales incentive management software
$165M
69/100
5th
Logo for QuotaPath
QuotaPath
2018, Philadelphia (United States), Series B
SaaS-based performance management system for sales professionals
$67.3M
63/100
6th
Logo for Spiff
Spiff
2015, Salt Lake City (United States), Acquired
Compensation and commission management software
$109M
59/100
7th
Logo for Board
Board
1994, Chiasso (Switzerland), Acquired
Cloud-based financial planning and analysis and budgeting solutions for enterprises
$23.8M
57/100
8th
Logo for Monocle
Monocle
2023, New York City (United States), Acquired
Provider of an AI platform personalizing customer interactions across marketing channels
$7.5M
56/100
9th
Logo for Remuner
Remuner
2023, Barcelona (Spain), Seed
Cloud based ERP software and management solutions for businesses
$8.68M
53/100
10th
Logo for Ancora
Ancora
2017, Gurugram (India), Acquired
Provider of performance management solutions for enterprises
-
-
52/100
23rd
Logo for Palette
Palette
2020, Paris (France), Series A
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

Here is the latest report on Palette's sector:

News related to Palette

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FAQs about Palette

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