Databook is a customer intelligence platform that provides sales professionals with access to data-driven insights to accelerate the sales cycle. Its proprietary AI-powered platform features account-based engagement, campaign automation (email), deal engagement tools, analytics and reporting. As of February 2022, Databook consists of global data assets of 44,000 public and private enterprises; focusing on enterprise level firms working in the fields of application software, information technology, and sales, with plans to expand into new verticals such as banking, telecommunications, and consumer goods. In March 2023, the company launched the first-ever strategic relationship management (SRM) platform, allowing sellers to manage and maintain strategic relationships on a large scale.
Databook claims its platform increased revenue by 29%, while its sales pipeline increased more than 3x along with sales productivity up 11%, and its average ROI is 64x.
Funding and financials
In February 2022, the company raised USD 50 million in a Series B funding round led by Bessemer Venture Partners, valuing Databook at USD 550 million - a 27x increase in valuation over the past two years. The company also reported a 350% YoY revenue growth in 2021 while its team headcount has doubled since its USD 16 million series A funding in April 2021.
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