8/4/2023 0 Comments Scratchpad fundingThese challenges stem from revenue teams being forced into collaborating within docs, sheets, and apps that are all disconnected from the CRM system. Sales operations and managers also faced difficulties with enforcing process compliance with front line sales teams. Account executives struggled with keeping Salesforce updated, managing their pipeline, and collaborating with their broader revenue team, especially during handoffs. Serial entrepreneurs Pouyan Salehi and Cyrus Karbassiyoon co-founded Scratchpad in 2019 after observing the challenges salespeople were experiencing in their day-to-day workflows. Scratchpad also announced today that David Sacks, founding COO of PayPal, founder/CEO of Yammer and founder/general partner at Craft Ventures will be joining the company’s Board of Directors. This round follows a $3.6 million seed round led by Accel, with participation from Sound Ventures, Rahul Vohra (founder of Superhuman), Todd Goldberg (founder of Eventjoy), and other prominent angel investors. The new funding will support the company’s rapid growth as it enters its next phase of maturation. 03, 2021 (GLOBE NEWSWIRE) - Scratchpad, Inc., pioneer and leader of the workspace for revenue teams, today announced it has secured $13 million in Series A funding led by Craft Ventures, with participation from Accel. The platform instantly connects to Salesforce and gives salespeople the fastest experience to access and update Salesforce and manage their day-to-day sales workflow.Breakthrough Revenue Team Workspace Improves Sales Performance and Efficiency David Sacks of Craft Ventures Joins Board Early Customers Include Autodesk, Brex, Lacework, Segment, Sendoso, Snowflake, Talkdesk, Twilio, and Udemy The recent product releases including, bridging calendar, tasks, notes, contacts, and Salesforce, Scratchpad Command, pushing and linking notes to Salesforce, and now a first-of-its-kind commenting system designed for revenue teams is an attempt towards simplification.Ĭustomers can sign up to use Scratchpad in less than 30 seconds via the Chrome plugin or as a web app. The startup has continued its rapid pace of product innovation designed to help customers increase usage and adoption of Salesforce. However, Scratchpad serves as a further example of the Salesforce network effect. As a $200 billion-plus company today, Salesforce’s success over the past two decades can be attributed to several factors - chief among them, perhaps, has been the ecosystem it has nourished. Scratchpad is becoming a must-have for the sales team tech stack. These include Scratchpad Command, which allows users to update Salesforce from anywhere on the web a new unified workspace for the calendar, sales notes, and Salesforce and a workspace commenting system for sales teams. With another $33 million in the bank from existing investors, including Craft Ventures and Accel, Scratchpad is firmly positioned as it looks to capitalize on recent momentum, which has brought a slew of new products to market. The San Francisco-based company had previously raised around $16 million, the bulk of which arrived via its $13 million series A round last year. While Salesforce remains one of the most used customer relationship management (CRM) tools, claiming an estimated one-fifth of the CRM market, this doesn’t always translate into popularity - “clunkiness” and a “lack of user-friendliness” are just some of the common complaints.Įasy to use Scratchpad is growing exponentially
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