Spiff was founded by Matt Stapleton.

Who are Spiff's investors?

Spiff's investors include Album VC, EPIC VENTURES, Kickstart, Peterson Ventures, Stripes, Lightspeed Venture Partners, Norwest Venture Partners, PIPELINE CAPITAL PARTNERS and 1 more.

Spiff was acquired by Salesforce.

Spiff

acquired by Salesforce

9 known investors

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Acquired by Salesforce December 2023 · $374M (reported ~$374M-$419M (Salesforce did not officially disclose)) · source ↗

Spiff built a low-code platform that automated sales commission calculations and gave sales teams real-time visibility into incentive compensation plans, integrating with CRM/ERP systems.

Founders & leadership

Matt StapletonFounder

Investors · 9

Album VClisted by Album VCLehi · $500K – $3M

How we know: Album VC's portfolio page · techcrunch.com · the VCSheet dataset · Not right? Tell us

EPIC VENTURESlisted by EPIC VENTURESSalt Lake City

How we know: EPIC VENTURES's portfolio page · Not right? Tell us

Kickstartlisted by KickstartSalt Lake City · $250K – $3M

How we know: funding news · techcrunch.com · the VCSheet dataset · kickstart.com · Not right? Tell us

Peterson Ventureslisted by Peterson VenturesSalt Lake City · $250K – $2.5M

How we know: Peterson Ventures's portfolio page · Not right? Tell us

Stripeslisted by StripesNew York

How we know: Stripes's portfolio page · Not right? Tell us

Lightspeed Venture PartnersreportedMenlo Park · $1M – $5M

How we know: funding news · techcrunch.com · Not right? Tell us

Norwest Venture PartnersreportedMenlo Park · $10M – $30M

How we know: funding news · spiff.com · Not right? Tell us

PIPELINE CAPITAL PARTNERSreportedLas Vegas

How we know: the VCSheet dataset · Not right? Tell us

Salesforce VenturesreportedSan Francisco · $5M – $50M

How we know: funding news · techcrunch.com · Not right? Tell us

Funding

SEC filings, press & company announcements

Undisclosed amountSeries CMay 2023 · 2 sources
Salesforce Ventures (lead), Album, Kickstart Fund, Lightspeed, Norwest
Source ↗
Undisclosed amountSeries BJun 2021
Source ↗
Undisclosed amountSeries AJun 2020
Norwest Venture Partners (lead)
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Spiff Announces Series C Funding Round to Accelerate Sales and Finance Automationspiff.com · May 2023

Spiff begins ‘massive overhaul of core sales commission engine’ following $50M Series C | TechCrunchtechcrunch.com · May 2023

Spiff Raises $10M in Series A Led By Norwest Venture Partners | Spiffspiff.com · Jun 2020

Frequently asked questions

What does Spiff do?: Spiff built a low-code platform that automated sales commission calculations and gave sales teams real-time visibility into incentive compensation plans, integrating with CRM/ERP systems.
Who founded Spiff?: Spiff was founded by Matt Stapleton.
Who are Spiff's investors?: Spiff's investors include Album VC, EPIC VENTURES, Kickstart, Peterson Ventures, Stripes, Lightspeed Venture Partners, Norwest Venture Partners, PIPELINE CAPITAL PARTNERS and 1 more.
Who acquired Spiff?: Spiff was acquired by Salesforce.