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Amit Bendov

๐Ÿ‘ค Speaker
190 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool

And just looking at the average, Gong is like an entire spectrum of customers.

SaaS Interviews with CEOs, Startups, Founders
Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool

We have like on the lower end, it could be usually the minimum would be like 15K for smaller customers and seven figures on the upper tiers.

SaaS Interviews with CEOs, Startups, Founders
Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool

Yeah, let's give it a shot.

SaaS Interviews with CEOs, Startups, Founders
Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool

Yeah, so revenue intelligence is kind of a new thing.

SaaS Interviews with CEOs, Startups, Founders
Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool

The majority of the world still doesn't know what it is.

SaaS Interviews with CEOs, Startups, Founders
Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool

but over like a thousand companies already do.

SaaS Interviews with CEOs, Startups, Founders
Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool

It's a new paradigm for managing customer-facing organizations rather than relying on information that salespeople and customer support people manually type into their CRM system or support systems, gone automatically captures like information from the customer's mouth by reading their emails, by joining calls, by joining meetings,

SaaS Interviews with CEOs, Startups, Founders
Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool

using natural language to understand and compile that information, creating insights both for the customer base and people, how they can get better, and for the leadership team so they can understand exactly what's going on without having to chase people to update the forms.

SaaS Interviews with CEOs, Startups, Founders
Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool

Um, so the most recent, uh, round is the serious D, uh, 200 million.

SaaS Interviews with CEOs, Startups, Founders
Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool

led by CodeTwo, Thrive, Salesforce, and Index.

SaaS Interviews with CEOs, Startups, Founders
Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool

This is the fourth round, so the total to date is almost $340 million.

SaaS Interviews with CEOs, Startups, Founders
Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool

The last round was led by Sequoia in December, $65 million.

SaaS Interviews with CEOs, Startups, Founders
Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool

It was close to $2.2 billion.

SaaS Interviews with CEOs, Startups, Founders
Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool

It was close to 750, so 3x.

SaaS Interviews with CEOs, Startups, Founders
Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool

Uh, there, there's a number of reasons for that.

SaaS Interviews with CEOs, Startups, Founders
Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool

So we always grew like very fast.

SaaS Interviews with CEOs, Startups, Founders
Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool

We almost like, we always like tripled the valuation about the same time.

SaaS Interviews with CEOs, Startups, Founders
Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool

Like the last round was a significant like multiplier.

SaaS Interviews with CEOs, Startups, Founders
Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool

So this isn't, we're not growing just because of like COVID.

SaaS Interviews with CEOs, Startups, Founders
Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool

We did pretty well before that.

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