DemoChimp solves the biggest problem for B2B sales.
American Fork, UT (PRWEB) November 05, 2015
DemoChimp, the leading provider of B2B buying consensus software, enabled by intelligent demo automation, has been recognized as one of Ten Startups to Watch by BusinessQ Magazine and as a Top 25 Under 5 company by the Utah Valley Entrepreneur Forum (UVEF).
Each year, BusinessQ Magazine publishes a list of Utah’s most-promising startups. And the annual UVEF 25 Under 5 program recognizes Utah growth companies that are less than five years old. This year, UVEF presented its awards in conjunction with Provo’s StartFEST, Utah’s largest grassroots startup festival.
DemoChimp’s breakthrough technology personalizes sales communication to each stakeholder in the B2B buying group. For sales leaders, this means increased close rates and shorter sales cycles. For marketing leaders, this translates to higher automated lead generation and lower cost per lead.
These awards build on DemoChimp’s selection as a Red Herring 100 Tech Startup winner in June. The Red Herring Top 100 North America list selects award winners from approximately 1,200 privately financed companies each year in the U.S. and Canada. Since 1996, Red Herring has kept tabs on these up-and-comers. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, Palo Alto Networks and eBay would change the way we live and work.
“We’re honored to follow in the footsteps of other great companies by receiving this recognition,” said Garin Hess, DemoChimp’s CEO and co-founder. “But the most rewarding measure of success is the significant growth we’re helping our customers achieve by helping them drive buying consensus for high-quality deals. Solving group buying dysfunction is the single biggest problem for B2B sales and marketing organizations and we’re at the forefront of solving it.”
Company milestones include the following:
- In April, DemoChimp closed a round of $2.8 million in seed funding.
- More than a hundred and fifty companies have deployed DemoChimp, including HP, Microsoft, Tripwire, Balihoo, and Autodesk.
- The company has grown 44 percent quarter over quarter and closed a $60,000 deal with a Fortune 100 company in less than a week.
DemoChimp is Software as a Service (SaaS) that intelligently creates and automates product demos to drive buying consensus and accelerate B2B sales. Our Consensus™ buying acceleration platform personalizes video and documents to each stakeholder so the entire buying group can achieve consensus and make a fast, confident purchase decision. Our Demolytics™ dashboard helps you discover and engage the entire buying group by gathering demo analytics and tracking who’s involved, what parts of your story are important to them, and who they shared your demo with. Clients have cut their sales cycles by 68% and jumped close rates by 44%.
Phone: +1 (435) 287-4033