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.
Employees
51-200
Founded
2020
Industry
SaaS, MarTech, Salestech, AI/ML
Revenue
$15M
Autonomy Level
Fully autonomous
Market Verticalization
Technology
Sales Tech Capabilities
Prospecting, Enrichment, Personalization, CRM Automation, Analytics
Target User Segment
Enterprise
Product Features & Capabilities
- Signals, Person360™, RoomieAI™, Actions
- Prospecting, Enrichment, Personalization, CRM Automation, Analytics
Pricing
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.
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, 2021Lead Investor: Greylock, Index Ventures, and 6 more
Series A - $16.3M
September 2020Lead Investor: Index Ventures, Dick Costolo, and 2 more
Seed - $4.3M
March 2020Lead Investor: Index Ventures, Madrona Venture Group
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.
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