- Private equity investment firm Sverica Capital Management has made a strategic investment in Gryphon Networks
Private equity investment firm Sverica Capital Management announced it made a strategic investment in Boston-based Gryphon Networks — which is a leading provider of sales performance management and compliance software. Gryphon is known for offering an enterprise-grade computer telephony integration platform that automatically screens, collects, and analyzes phone-based sales activity data from any device to transform activity into accurate and actionable sales insight that drives improved sales performance for many of the country’s top consumer-facing companies.
“Gryphon has independently developed into a significant player in the sales performance management industry. With Sverica, I am excited to have Jordan Richards and Ryan Harstad as experienced partners who understand and support our vision. We are looking forward to entering a new phase of growth and broadening our award-winning sales intelligence platform. Sverica will provide the essential direction and resources for Gryphon to continuously add strategic value for our customers,” said Gryphon CEO Jeffrey Fotta.
Gryphon’s system enables agents to use the platform from any device, managers to utilize robust analytics tying activity to desired outcomes, and executives to rest assured that sales efforts comply with marketing privacy regulations and internal business rules. Plus Sverica’s investment aims to help Gryphon accelerate development of new sales performance management functionality and expand around its team to maintain high satisfaction among Gryphon’s loyal customers while meeting increased demand.
“Gryphon’s SaaS solutions are well positioned in the fast-growing sales performance management and compliance markets. We have been impressed with the results they have driven for their customers and are looking forward to partnering with management, building on their success and creating a company that has the potential to lead the category,” added Jordan Richards, Managing Partner at Sverica.
Gryphon Networks’ Sales Intelligence System automatically captures, controls, and visualizes sales and marketing activity generated from any device or application to increase revenue, improve management effectiveness, and reduce compliance risk. Over a dozen Fortune 100 clients, including some of the largest banks, brokerage, insurance, and consumer services firms, are among Gryphon’s 300+ clients in North America.
“Gryphon addresses key challenges facing sales executives today, namely capturing sales activity that is not simply self-reported, connecting activity to results, and protecting their brands with compliant communications. We are excited to collaborate with Jeff and the Gryphon team to drive ROI for Gryphon’s growing base of customers,” explained Sverica partner Ryan Harstad.