SAVO Group provides an on-demand platform that combines sales and marketing best practices with technology to address all aspects of the sales enablement process, spanning people, process, insight and technology. The company offers a suite of sales and marketing applications and has launched solutions including Sales Onboarding Pro, Sales Process Pro, SAVO Inspire, CRM Opportunity Pro for Microsoft Dynamics CRM, and a Professional Selling Bundle. SAVO recently acquired digital postcard technology company StoryQuest, Inc. Founded in 1999 and led by president and CEO Mark O’Connell, the company is based in Chicago, Illinois. SAVO intends to use the funds to expand its global operations and further develop its product suite. The company has raised $84m in total to date. SAVO builds an on-demand, collaborative sales enablement platform that helps sales reps find the best materials, insights and internal expertise to drive better sales conversations. The software is designed to open communication across a company’s sales teams and improve close rates. Current clients include IBM, American Express, and Staples. SAVO plans to use its new funding for product development and to expand its sales enablement platform. The company is headquartered in Chicago. The article frames the financing as a growth-oriented move to enhance the core product and platform reach.

Total raised

$49M

Funding rounds

2

Latest round

Equity

Latest activity

Jun 2014