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Common Room Analysis: $53M Raised

What is Common Room?

Common Room provides a customer intelligence platform that leverages AI to automate the capture of buying intent signals, enhancing sales development and prospecting efforts. Their RoomieAI™ technology helps teams identify and engage potential buyers more effectively.

Product Features & Capabilities

Prospecting
Enrichment
Personalization
CRM Automation
Analytics

Pricing & Customer Segments

Starter: Starting at $1k/month for up to 35k contacts and 2 seats.
Team: Starting at $2.5k/month for up to 100k contacts and 5 seats.
Enterprise: Custom pricing for 200k contacts and up to 10 seats. Each plan includes unlimited alerts, workflows, and segments, with varying levels of support.

How much Common Room raised

Series B - $32.3M (March 31, 2021)

Investors: Greylock, Index Ventures, and 6 more
Date: March 31, 2021

Series A - $16.3M (September 2020)

Investors: Index Ventures, Dick Costolo, and 2 more
Date: September 2020

Seed - $4.3M (March 2020)

Investors: Index Ventures, Madrona Venture Group
Date: March 2020

Customer Success Story

One notable customer of Common Room is Semgrep, which operates in the software development industry. Semgrep achieved a significant outcome by increasing their sales pipeline by 74% within a single quarter after utilizing Common Room's platform. This improvement was attributed to their ability to warm up cold outbound leads effectively, leveraging insights from product usage, web visits, and GitHub activity. Jason Klumpp, the Director of Sales Development at Semgrep, highlighted the immediate positive response from their sales team upon using Common Room, indicating its effectiveness in enhancing their sales strategies.

Platform Ratings & Reviews

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Financial Overview

$15MEstimated Revenue
$53MTotal Raised
Series B$32.3M
March 31, 2021
Investors: Greylock, Index Ventures, and 6 more
Series A$16.3M
September 2020
Investors: Index Ventures, Dick Costolo, and 2 more
Seed$4.3M
March 2020
Investors: Index Ventures, Madrona Venture Group