- GetAccept is an all-in-one sales platform combining video, live chat, proposal design, document tracking, and e-signature company that recently announced it raised $7 million
GetAccept ― an all-in-one sales platform combining video, live chat, proposal design, document tracking, and e-signature company ― announced recently that it raised $7 million in Series A funding led by DN Capital. BootstrapLabs, Y Combinator, and a number of Spotify’s early investors including former CFO of Spotify Peter Sterky joined this round as well. Plus the company also announced that former Slack and Zendesk CMO Bill Macaitis is joining the company board of directors. Including this round, GetAccept has raised a total of $9 million.
“Digital solutions like CRM systems have made it easier than ever for sales teams to manage pipeline and broker deals, yet 60 percent of all contracts are lost to indecision or simply go unanswered,” said GetAccept CEO Samir Smajic. “That’s because the shift to online sales has created an engagement gap between sales reps and buyers. Prospects no longer have to interact with reps to get basic information about a product or service, making the sales process highly impersonal. But prospects still need a rep to guide them through increasingly complex B2B sales process in order to make better-informed buying decisions. We built GetAccept to bridge this growing engagement gap, and this new round of funding will help take our platform and go-to-market plans to the next level.”
And GetAccept helps enterprises close more deals by automating the document workflow process from the first conversation with a prospect to a signed contract. GetAccept brings together video, chat, proposal design, document tracking, and e-signature capabilities into a single web and mobile solution so sales teams can closely track deal progress, prevent communication gaps, and engage prospects throughout the buying process.
Founded in 2015 by Y Combinator alumni Samir Smajic, Mathias Thulin, Jonas Blanck, and Carl Carell, GetAccept utilizes machine learning and AI to analyze thousands of deals every day to provide sales teams with personalized advice on how to close deals. And GetAccept integrates seamlessly into a company’s sales pipeline through technology partnerships with today’s most popular CRM and sales automation platforms including Salesforce, HubSpot, Microsoft Dynamics 365, etc. Currently, GetAccept serves more than 25,000 users in more than 2,000 different enterprises across 40+ countries.
“I’ve been fortunate to work for and advise some of the fastest-growing SaaS companies in history ― and I know a winner when I see one,” added Macaitis. “Anyone who has ever fought through a long deal cycle knows how painful it is to get through to the finish line. GetAccept is fundamentally changing this process. I look forward to partnering with the GetAccept team and helping companies all over the world improve their close rates.”
This round of funding will be used for scaling sales and marketing and accelerating product innovation for GetAccept’s industry-leading document workflow solution for sales.
“Getting a deal to the point of contract has become increasingly difficult because buyers now get most of their information online,” noted Thomas Rubens — a Partner at DN Capital. “This has led to a sharp decline in lost and stalled sales due to lack of personal engagement with qualified reps. GetAccept honed in on this growing issue early on and built a best-in-class platform for managing document workflow and engagement across the entire sales cycle. We are thrilled to have the company join our portfolio and to play a part in furthering its growth and success.”
Last year, GetAccept tripled its revenue and added several new customers such as leading enterprises Samsung, Stanley and Siemens. And GetAccept also expanded its global footprint across the US and EMEA including Norway, Denmark and France.
“It is extremely exhilarating to see customers convert from a quote to an actual order, and to experience how an innovative solution like GetAccept can completely transform the customer experience,” commented Gia Thi Nguyen ― Head of Operational Excellence, Siemens Digital Industries. “GetAccept gives our sales reps the tools to build and nurture relationships beyond and on top of our traditional CRM, making it a strong complementary solution to drive engagement. They are an emerging player with the scale to provide value at the enterprise level.”
