Groove, the only sales engagement platform built for true relationship-based sales, today announced that it has ranked 740 on Inc. Magazine’s annual Inc. 5000 list of the fastest-growing privately held companies in the United States. Groove’s three-year revenue growth of 640% put it in the top 15% of ranked companies, which had an average growth rate above 500% and median growth rate of 165%. This is the second year in a row that Groove has ranked on Inc.’s list of the nation’s most successful private companies.
Groove’s high ranking was fueled by strong demand for the emerging category of sales engagement platforms, a category that TOPO research predicts will become a multi-billion-dollar market. Sales engagement platforms provide sellers with the tools they need to build stronger relationships while automating mundane tasks like data entry so that reps can spend more time selling.
Groove also provides managers with real-time visibility into activity levels and performance, regardless of where the sales rep or team is located. Demand for the platform has accelerated post COVID-19 with companies needing to empower, collaborate with, and manage remote salesforces.
“Since the beginning, Groove has been focused on helping revenue teams be more productive, collaborative, and successful,” said Chris Rothstein. “Today we have over 50,000 users across 56 countries worldwide, and I am extremely proud of the team that has brought us this far. A recent survey by Gartner Research found that 74% of CFO’s intend to shift some employees to remote work permanently, and we expect to continue to scale as we support the digital transformation of their salesforces.”
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
INDUSTRY RECOGNITION
In addition to being named to the 2020 Inc. 5000 list, Groove has received a number of recent industry awards and accolades.
June 2020 – G2 Summer 2020 Sales Engagement Software Grid Report – Highest-Rated Platform
June 2020 – Crozdesk’s Happiest Users 2020 – #1 in High User Satisfaction
May 2020 – Inc. Magazine Best Workplaces 2020
March 2020 – G2 Ranks Groove #1 Sales Engagement Platform in Customer Satisfaction for Two Straight Years
March 2020 – Crozdesk’s Sales Management Software Awards 2020 – #1 of TOP20 Software Products of 2020
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