The funding will help Reveal expand its online learning platform. Here are the top-line bullets you need to know.
Reveal, a collaborative growth platform, has raised $50M in a Series A. The round drew participation from Insight Partners, Eight Roads Ventures, Ventech, and Chalfen Ventures, among others.
How’s the company performing?
- France-based Reveal enables organizations to securely compare their CRM data with that of companies in their ecosystem.
- The company has processed over 200M CRM records across its 4.5K clients. It plans to expand its network to include 20K customers by the end of 2023.
- Reveal has facilitated more than 9K partnerships and has over 10K community members worldwide.
- The company is currently supported by a team of 40 employees.
Source: Reveal
Why does the market matter?
- The global partner relationship management (PRM) market is expected to reach a value of $2B by 2026, growing at a CAGR of 13.8%, according to Markets and Markets.
- The increasing focus on both improving partner communication and reducing channel management costs has contributed to market growth.
