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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/scienrds/scienceandnerds/wp-includes/functions.php on line 6114Source:https:\/\/techcrunch.com\/2023\/07\/07\/googles-gradient-ventures-backs-weflow-to-bring-greater-hygiene-to-salesforce-data\/<\/a><\/br> Google\u2019s venture capital arm Gradient Ventures has made another foray into Europe, investing as part of a $3.2 million seed round in two-year-old German startup Weflow<\/a>.<\/p>\n Weflow is the latest in a line of ecosystem startups to emerge from frustrations with using the omnipresent CRM<\/a> (customer relationship management) software that is Salesforce. These venture-backed upstarts focus on things like providing data backups<\/a> or improving lead generation<\/a>, while just last week a new company called Unaric emerged out of stealth with $35 million<\/a> for the express purpose of buying and consolidating Salesforce-ecosystem startups.<\/p>\n Yes, Salesforce-focused tools are big business, with some estimates<\/a> pegging the market value at four times that of Salesforce itself.<\/p>\n Weflow, for its part, is setting out to improve sales teams\u2019 efficiency, pipeline visibility and general \u201cSalesforce data hygiene,\u201d according to Weflow co-founder and CEO Janis Zech<\/a>, who likens his platform to something akin to \u201cNotion<\/a> for revenue teams.\u201d<\/p>\n \u201c[The main problem we solve is] helping companies to forecast their pipeline accurately \u2014 this typically requires capturing sales data, both structured and unstructured, surfacing deal insights and pipeline analytics to run forecast predictions,\u201d Zech explained to TechCrunch.<\/p>\n The ultimate problem that Weflow seeks to fix is that of the sheer spread of data across the B2B sales sphere, spanning the countless meetings, emails and calls leading to a deal\u2019s conclusion. Weflow promises to bring this data together within a coherent structure to deliver insights.<\/p>\n To do this, Weflow has developed what it calls a \u201crevenue workspace,\u201d pitched as an all-encompassing platform that allows companies to capture CRM data while serving up deal insights and tools for managing their sales pipeline. More recently, the company introduced collaborative forecasting and pipeline analytics, too.<\/p>\n Under the hood, Weflow uses AI to allocate what it calls a \u201cdeal score,\u201d which is effectively a prediction that considers things like buying signals, sales activities and historical data to forecast the likelihood of a deal closing. In the future, Zech says the platform will also lean on AI to forecast future revenues, as well as leverage unstructured email data and even video\/call transcripts to uncover hidden deal insights.<\/p>\n
\nGoogle\u2019s Gradient Ventures backs Weflow to bring greater hygiene to Salesforce data<\/br>
\n2023-07-09 22:09:10<\/br><\/p>\nShow me the data<\/h2>\n