RelateIQ uses large-scale data-mining technologies to automate relationship tracking in the enterprise and CRM space. The product emphasizes a simple front end to eliminate manual data entry required for CRM insight. It applies algorithms to interpret users’ actions in the workplace and to glean insight from those signals. RelateIQ captures data from email, voice, social networks and calendars and analyzes language in those communications. Financially, the company raised $40 million in new funding and was valued at $245 million in the round, according to the WSJ. RelateIQ is a mobile-first relationship intelligence SaaS that uses Big Data and algorithms to automate relationship tracking and reduce manual data entry. It automatically captures data from email, voice, social networks and calendars, analyzes language to surface signals like leads or missed follow-ups, and cleans and merges contact information across address books. The product includes digital-assistant features such as email tracking, reply prompts, deployable workflows for teams, and native Android and iPhone apps (free); paid tiers are $49/user/month and $99/user/month for premium. At launch the company reported about 100 clients. RelateIQ aims to challenge incumbent CRM vendors by offering built-in social integration, data enrichment and real-time mobile collaboration to help teams prioritize leads and rescue falling deals. The company operates out of a Palo Alto basement and has completed multiple funding rounds totaling $29M to support its public launch and growth.

Total raised

$60M

Funding rounds

2

Latest round

Equity

Latest activity

Mar 2014