• Copper

  Participated · Series B · Sep 2016

  Copper builds CRM tools tightly integrated with Google’s G Suite that automate data entry by scraping contacts and emails from Gmail and provide workflows, pipelines, dashboards, and forecast reports. Its product includes email templates, personal notifications (via Hangouts Chat), leaderboards, goal-setting, activity reports, and integrations with Dropbox, Box, Google Sheets, Data Studio, and Drive. Copper markets failover functionality, daily backups, disaster recovery, third-party vulnerability scanning and penetration testing, encryption in transit and at rest, and role-based access controls; it cites GDPR, SOC 2, TrustArc, and Privacy Shield compliance. The company reports customers see on average a 30% improvement in sales reporting, a 35% shorter sales cycle, and a 36% quicker response time. Copper serves over 12,000 customers in more than 110 countries, including Hello Fresh, Peugeot, and Getaround, and derives about 30% of its revenue from EMEA. Pricing ranges from $19 per user per month for basic plans to $119 per user per month for the Business tier. ProsperWorks offers a set of Google‑centric CRM tools designed to look and feel like G Suite so users avoid context switching. The company emphasizes ease of use and aims to be a challenger to Salesforce by driving adoption and immediate user value. It plans a full product redesign and to automate standard CRM workflows using data-driven machine learning. ProsperWorks intends to double its engineering team, build solutions for specific verticals, and pursue international expansion. Financially, the company raised a $53 million Series C, bringing total funding to $87 million after a $24 million Series B a year earlier. CEO Jon Lee frames CRM as a large market opportunity and cites Forrester data that 47 percent of CRMs fail due to low user adoption. ProsperWorks offers a Google-centric, cross-platform customer relationship management service that plugs into the Google for Work platform. The company focuses on delivering a user-friendly CRM experience tied to productivity suites and plans to add machine learning–based features that provide actionable recommendations for sales teams. CEO Jon Lee said the company will use new capital to invest in its technology and to grow its sales and marketing team. ProsperWorks says its "seven-figure revenue" has grown 504% year-over-year and that it now has 63,000 businesses on its platform. The company positions itself against larger incumbents like Salesforce (and its Einstein AI) and Microsoft’s plans for Dynamics 365, while acknowledging the risk that Google could build a competing CRM. By partnering with Next World Capital, ProsperWorks is also preparing to expand further into European markets where it is already seeing traction. ProsperWorks is a San Francisco, CA–based developer of a CRM platform built for Google Apps/Google for Work. Its solution aggregates and organizes customer data, tracks leads, prompts for follow-up, and delivers real-time insights into the sales pipeline to support strategic forecasting. The product focuses on simplifying sales workflows and improving pipeline visibility for users of Google for Work. The company was founded by Jon Lee, Kelly Cheng and Andrew Hu. ProsperWorks completed a $7.5m Series A and has now raised $10m in total. It intends to use the new funds for ongoing development and innovation of its solution.

• ProsperWorks PBC

  Participated · Series B · Sep 2016

  ProsperWorks offers a modern CRM deeply integrated with G Suite that automates repetitive tasks and eliminates manual data entry by syncing with Gmail, Google Contacts and Google Calendar. The product emphasizes ease of use and high adoption, reporting that 86% of paying customers use it daily. Founded in 2013 and based in San Francisco, the company has grown to 140 employees and serves upwards of 25,000 customers. ProsperWorks more than tripled its revenue in 2016 and reports a 34% compound monthly growth rate. The company plans to continue deeper G Suite integration, build a third-party application integration platform, hire more engineers, focus on serving mid-sized companies, and expand globally. Total venture funding and usage metrics suggest strong traction versus legacy CRM incumbents. ProsperWorks offers a cloud CRM purpose-built to integrate natively with Google Apps, delivering a web platform, mobile apps and a Chrome extension that streamlines interactions in Gmail, Calendar, Drive and Sheets. The product emphasizes ease of use and automation to reduce data entry and improve sales productivity. It is the only CRM officially recommended by Google Apps for Work and was named Google for Work's New Tech Partner of the Year. The company reports seven-figure revenue that grew 504% year over year and has attracted 63,000 businesses to date. ProsperWorks plans to accelerate product innovation and customer adoption with new capital and to expand internationally, leveraging partners and investors for European expansion.

No current team members are available.