Spiff - About the company
Spiff is an acquired company based in Salt Lake City (United States), founded in 2015 by Jeron Paul, Matt Stapleton, Albert Candari and Casey Crouch. It operates as a Compensation and commission management software. Spiff has raised $109M in funding from investors like Lightspeed Venture Partners, Next World Capital and EPIC Ventures. The company has 121 active competitors, including 22 funded and 11 that have exited. Its top competitors include companies like Xoxoday, Varicent and Everstage.
Company Details
Spiff provides compensation and commission management software. It allows users to improve the performance of the teams, provides personalized dashboards to update in real-time, and manages business criteria. Other solutions allow users to manage, plan and design processes, and teams can access data management solutions. It also offers real-time commission management statements, KPI's and payroll reporting solutions. It offers a subscription-based pricing model.
- Website
- spiff.com
- Email ID
- *****@spiff.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2015
Location
Salt Lake City, United States
Stage
Acquired
Total Funding
$109M in 5 rounds
Latest Funding Round
Investors
Ranked
6th among 121 active competitors
Employee Count
56 as on May 11, 2025
Exit Details
Acquired by Salesforce (Dec 20, 2023)
Spiff's acquisition details
Spiff got acquired by Salesforce on Dec 20, 2023.
Click here to take a look at Spiff's acquisition in detail
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Spiff's funding and investors
Spiff has raised a total funding of $109M over 5 rounds. Its first funding round was on Oct 20, 2018. Its latest funding round was a Series C round on May 16, 2023 for $*****. 5 investors participated in its latest round. Spiff has 15 institutional investors and 8 angel investors.
Here is the list of recent funding rounds of Spiff:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 16, 2023 | 9360193 | Series C | 7413650 | 8673687 | 7236114 | 8949042 |
Jun 01, 2021 | 6146895 | Series B | 9523970 | 5448941 | 7123142 | |
Jun 26, 2020 | 7164574 | Series A | 3153449 | 3865999 |
View details of Spiff's funding rounds and investors
Spiff's founders and board of directors
Founder? Claim ProfileHere are the details of Spiff's key team members:
- Jeron Paul: Former Co-Founder of Spiff. They are also an angel investor in 5 startups.
- Matt Stapleton: Former Co-Founder of Spiff. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Albert Candari: Former Co-Founder of Spiff.
- Casey Crouch: Co-founder | Software Engineer of Spiff.
View details of Spiff's Founder profiles and Board Members
Spiff's employee count trend
Spiff has 56 employees as of May 25. Here is Spiff's employee count trend over the years:
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Spiff's Competitors and alternates
Top competitors of Spiff include Xoxoday, Varicent and Everstage. Here is the list of Top 10 competitors of Spiff, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Cloud-based platform providing digitized rewards, incentives, loyalty, and payouts solutions for businesses worldwide | $101M | 78/100 | ||
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 | Sales commissions and incentive compensation management software | $75M | 56/100 | ||
9th | Monocle 2023, New York City (United States), Acquired | Provider of an AI platform personalizing customer interactions across marketing channels | $7.5M | 55/100 | |
10th | Provider of performance management solutions for enterprises | - | - | 53/100 |
Looking for more details on Spiff's competitors? Click here to see the top ones
Spiff's Investments and acquisitions
Spiff has made no investments or acquisitions yet.
Reports related to Spiff
Here is the latest report on Spiff's sector:
News related to Spiff
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Salesforce To Acquire Spiff, An Automated Sales Commission SoftwareIndianWeb2•Dec 20, 2023•Salesforce, Spiff, Salesforce Ventures
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Spiff Brings the Power of Artificial Intelligence to Its Sales Commission PlatformTullahoma News•Jul 11, 2023•Spiff
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Spiff Announces $50M Series C Funding Round to Accelerate Sales and Finance AutomationBusiness Wire•May 16, 2023•Spiff, Salesforce Ventures, Lightspeed, Norwest Venture Partners and 3 others
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Spiff Mobile App Provides Sales Reps with Greater Visibility into Sales CommissionsBusiness Wire•Apr 20, 2023•Spiff, Merge Development
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Spiff Named to Inc.’s 2022 Best in Business List in Software-as-a-ServiceBusiness Wire•Dec 06, 2022•Spiff
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