Pipedrive Explained

Pipedrive
Type:Private
Industry:Software as a Service
Cloud computing
Services:Sales management
Customer relationship management
Lead generation and management
Marketing automation
Real-time progress tracking
Mobile enterprise
Num Employees:1,000 (2022)
Foundation:2010
Owner:Vista Equity Partners
Founder:Timo Rein
Urmas Purde
Ragnar Sass
Martin Henk
Martin Tajur
Location:Tallinn, Estonia and New York City, United States
Key People:Dominic Allon (CEO), Agur Jõgi (CTO), Peter Harris (COO), Shaun Shirazian, (CPO), Laurence Capone (CFO), Tanya Channing (CPCO), Heidrun Luyt (CMO)

Pipedrive is an Estonian cloud-based software as a service company. It is the developer of the web application and mobile app Pipedrive, a sales customer relationship management (CRM) tool. The company has more than 1,000 employees in its eight offices across Europe (Tallinn, Tartu, Lisbon, London, Prague, Dublin, Riga and Berlin) and two offices in the US (New York and Florida). Its CRM is used by over 100,000 customers around the world.[1] [2] In 2020, Pipedrive became the fifth Estonian-founded unicorn.[3]

History

Pipedrive was founded on June 21, 2010 by Timo Rein, Urmas Purde, Ragnar Sass, Martin Tajur, and Martin Henk. In 2011, Pipedrive joined AngelPad.[4] It was the only European startup of the 15 teams the accelerator hosted.[5] By 2019, Pipedrive raised a total of $91.2 million in venture funding from Atomico, Bessemer Venture Partners, Paua Ventures, Rembrandt Venture Partners and others.[6] [7] [8] [9] [10] In 2019, Financial Times included Pipedrive in the FT 1000, a list of Europe's fastest-growing companies.[11] On November 14, 2020, Pipedrive received a majority investment from investment firm Vista Equity Partners and reached the unicorn status.[12]

See also

Notes and References

  1. Web site: 2021-01-08. Pipedrive – a startup factory to breed unicorns. 2021-02-10. Invest in Estonia. en-US.
  2. Web site: About Pipedrive. Pipedrive.com.
  3. Web site: Hankewitz. Sten. 2020-11-12. Estonian-founded Pipedrive sells majority to an investment firm, becomes a unicorn. 2021-02-11. Estonian World. en-GB.
  4. Web site: Estonia's PipeDrive de-cloaks at AngelPad demo day . TechCrunch.com . Oct 18, 2011.
  5. Web site: TechCrunch . TechCrunch.com . 18 October 2011. Oct 18, 2011.
  6. News: Estonia's Pipedrive Pulls in $2.4 Million Round . Wall Street Journal . WSJ.com . 18 September 2013. Sep 18, 2013 . Rooney . Ben .
  7. Web site: Pipedrive, a CRM platform to help SMBs sell more, closes $17M Series B led by Atomico . Techcrunch . 18 January 2017. Apr 17, 2017.
  8. Web site: These Startup Founders Got Funded By Getting Naked And Walking On Hot Coals With Investors . Forbes.com . Sep 18, 2013.
  9. Web site: Pipedrive lands $9M to help small biz keep track of sales . VentureBeat.com . 14 May 2015. May 14, 2015.
  10. Web site: Cloud-Based Sales Software Pipedrive Closes $9 Million Series A . TechCrunch.com . 14 May 2015. May 14, 2015.
  11. Web site: Smith. Ian. 2019-03-01. The FT 1000: third annual list of Europe's fastest-growing companies. 2021-02-10. www.ft.com. en-GB.
  12. Web site: Sales CRM Pipedrive takes majority investment from Vista Equity Partners to reach unicorn status. 2021-02-10. TechCrunch. 12 November 2020 . en-US.