Company profile: Spring
1.1 - Company Overview
Company description
- Provider of cloud-based, out-of-the-box mobile apps for medium to large field force operations, featuring Command Center for Big Data analytics and AI planning; CoachAI for real-time sales analytics and coaching in CPG; van sales with inventory, order processing and delivery; field merchandising tools; delivery management with route optimization, stock management and delivery confirmation; and SpringPay for cashless transactions.
Products and services
- CoachAI: An AI-driven platform for CPG sales operations that delivers real-time analytics, targeted sales coaching, and performance insights to optimize field force planning and decision-making
- Van Sales Solution: A cloud-based mobile application that supports van reps with inventory management, order processing, and completing delivery in one visit
- Field Merchandising Solution: An out-of-the-box toolkit for merchandisers to optimize customer visits, manage task lists, and track performance indicators directly during field engagements
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Spring
ForceManager
HQ: Spain
Website
- Description: Provider of an all-in-one mobile sales accelerator platform for field sales teams with native apps for smartphones, tablets and Apple Watch, offering mobile and cloud CRM to log activities, geolocalized visits, calls, video calls, calendars and emails; Dana AI for deal analysis and sales insights; tools for personalized goals, real-time sales and activity analysis; and Microsoft Office 365 integration with Teams, Outlook and Exchange.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Makana Solutions
HQ: United States
Website
- Description: Provider of self-service sales compensation solutions for small and mid-size businesses, including Makana Motivator Pro, an online SaaS for designing compensation plans, modeling cost of sales, generating plan documents, automatically calculating payments, and sharing commission statements.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Makana Solutions company profile →
Penny
HQ: Canada
Website
- Description: Provider of social sales enablement and revenue-growth tools for direct sales consultants and leaders, including an AI-driven prospecting and follow-up platform, continuous learning and onboarding micro-modules, business intelligence insights, The Daily prioritized to-do list, automated customer care cycles, and Power Weeks and Workshops with gamified experiences.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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DealerMine
HQ: Canada
Website
- Description: Provider of 360° automotive CRM solutions for dealerships, offering Service CRM with AI and automation to manage customer communications, increase service bookings, and drive service revenue; managed BDC Solutions for recruitment, training, and performance management; a Sales CRM Dashboard; Digital Retailing; and AI Marketing.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full DealerMine company profile →
Teamleader
HQ: Belgium
Website
- Description: Provider of cloud-based work management software for SMEs, unifying CRM, invoicing, and project planning. The platform centralizes customer data, sales opportunities, projects, and payments, and includes CRM and invoicing tools to manage interactions, automate follow-ups, and ensure immediate payments. Features include an easy-to-use, clean interface and lots of integrations.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Teamleader company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Spring
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Spring
2.2 - Growth funds investing in similar companies to Spring
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4 - Top valuation comps for Spring
4.2 - Public trading comparable groups for Spring
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