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SAVO Group

savogroup.com

Founded Year

1999

Stage

Acquired | Acquired

Total Raised

$69M

About SAVO Group

SAVO Group is a provider of sales enablement software solutions. SAVO's on-demand sales enablement platform maximizes the sales team's ability to communicate value and differentiation in clear, consistent and compelling ways. Combining proven sales and marketing best practices with technology, SAVO addresses all aspects of the sales enablement challenge - spanning people, process, insight and technology.

Headquarters Location

222 W Merchandise Mart Plaza Suite 1710

Chicago, Illinois, 60654,

United States

312-506-1700

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Latest SAVO Group News

Cloud marketing company Seismic acquires key competitor

May 25, 2018

Search medium text Seismic has acquired one of its main competitors, Savo Group. Seismic claims Savo Group was the first sales enablement platform when it entered the market in 1999. Since then, the company has grown to establish a global footprint to serve enterprises across a range of industries, including technology, life sciences and financial services. Savo Group acquired competitor KnowledgeTree in 2017, and brings a number of key customers to Seismic in the deal. Total headcount for Seismic will increase to more than 450 across eight offices in the United States, Europe, and Australia. Seismic co-founder and CEO Doug Winter comments on the deal, stating: “Sales enablement programs are having a huge impact on revenue for enterprises because they take everything off the plate of the seller, allowing them to focus on building the best relationships with buyers.” “However, they require an equally powerful sales enablement solution to really see it through.” “In that regard, today’s announcement puts even further space between Seismic and the rest of the sales enablement market.” The acquisition follows a successful 2017 for Seismic which saw the company achieve 97% revenue growth and 118 percent net customer retention. Winter adds, “We are excited to be joined by SAVO Group’s customers and team as we embark on this next exciting phase of Seismic’s growth.” “Regardless of industry or geographic location, the need to ensure that sellers are interacting with buyers in the most beneficial and productive way possible has become recognized as a boon to accelerating sales cycles.”

SAVO Group Frequently Asked Questions (FAQ)

  • When was SAVO Group founded?

    SAVO Group was founded in 1999.

  • Where is SAVO Group's headquarters?

    SAVO Group's headquarters is located at 222 W Merchandise Mart Plaza, Chicago.

  • What is SAVO Group's latest funding round?

    SAVO Group's latest funding round is Acquired.

  • How much did SAVO Group raise?

    SAVO Group raised a total of $69M.

  • Who are the investors of SAVO Group?

    Investors of SAVO Group include Seismic, Sterling Partners, Sapphire Ventures, Goldman Sachs, NXT Capital and 3 more.

  • Who are SAVO Group's competitors?

    Competitors of SAVO Group include Bluewolf and 2 more.

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