<div>
 
 Funding
 
 <ul>
 <li>
 
 <a href="https://sp-edge.com/companies/157093">
 Jobber
 </a>
 raised USD 100 million in series D funding led by General Atlantic. The firm plans to use the funding to increase its team count (currently ~600 employees) across sales, marketing, product, customer support, and business operations teams, as well as for new customer acquisition and R&amp;D. (February 07, 2023; 
 <a href="https://www.newswire.ca/news-releases/jobber-raises-100-million-growth-round-863667010.html">
 Company press release
 </a>
 )&nbsp;&nbsp;
 
 </li>
 </ul>
 
 Earnings&nbsp;
 
 <ul>
 <li>
 
 <a href="https://investor.thryv.com/news/news-details/2023/Thryv-Grows-SaaS-Revenue-25-Year-Over-Year-in-Fourth-Quarter-2022/default.aspx">
 Thryv
 </a>
 achieved a total consolidated revenue of USD 279.4 million (14.3% YoY growth) and USD 1.2 billion (4.6% YoY growth) for Q4 2022 and full-year 2022, respectively. Topline growth was supported by faster growth in its SaaS business, which recorded total revenue of USD 59.3 million (24.9% YoY growth) and USD 216.3 million (26.5% YoY growth) for Q4 2022 and full-year 2022, respectively. Its consolidated adjusted EBITDA was USD 68.2 million (Q4 2022) and USD 333.3 million (2022), respectively. For the full-year 2023E, the firm expects to achieve revenue between USD 257 million and USD 259 million and to turn profitable in its adjusted EBITDA for its SaaS business. (February 23, 2023; 
 <a href="https://investor.thryv.com/news/news-details/2023/Thryv-Grows-SaaS-Revenue-25-Year-Over-Year-in-Fourth-Quarter-2022/default.aspx">
 Company press release
 </a>
 , 
 <a href="https://s25.q4cdn.com/929024644/files/doc_financials/2022/q4/Q4-22-Investor-Presentation.pdf">
 Earnings Presentation
 </a>
 )
 
 </li>
 <li>
 
 <a href="https://sp-edge.com/companies/179467">
 Weave
 </a>
 achieved a revenue of USD 37.7 million (18% YoY growth) and USD 142.1 million (23% YoY growth) for Q4 2022 and full-year 2022. The firm also noted an improvement in its gross and operating margins due to cost efficiencies, which resulted in a narrowing of its costs non-GAAP loss from operations to USD 31 million for 2022 (compared to a loss of USD 36 million in 2021). For the full-year 2023E, the firm expects to achieve revenue between USD 156 million and USD 160 million. (February 22, 2023; 
 <a href="https://d1io3yog0oux5.cloudfront.net/_a628f36ebd720fe2efb643dc1d3ed5c9/getweave/news/2023-02-22_Weave_Communications_Announces_Fourth_Quarter_and__107.pdf">
 Company press release
 </a>
 )
 
 </li>
 </ul>
 
 Partnerships&nbsp;
 
 <ul>
 <li>
 
 <a href="https://sp-edge.com/companies/179467">
 Weave
 </a>
 announced an integration with Dolphin Cloud, a dental imaging and practice management platform, to enhance its solutions for dental practices. The new integration includes advanced caller ID, automated reminders, and schedule sync. (February 21, 2023; 
 <a href="https://www.getweave.com/weave-and-dolphin-cloud-a-patterson-company-launch-newest-integrations/">
 Company press release
 </a>
 )
 
 </li>
 </ul>
 
 New Product&nbsp;
 
 <ul>
 <li>
 
 <a href="https://sp-edge.com/companies/747272">
 Capsule
 </a>
 introduced Workflow Automation to streamline workflows and eliminate repetitive tasks. The new solution can automate a number of common tasks, including assigning and tracking projects and opportunities, updating milestones, and changing the status of projects. (February 22, 2023; 
 <a href="https://capsulecrm.com/blog/workflow-automation/">
 Company press release
 </a>
 <a href="https://www.martechcube.com/allego-announces-new-product-capabilities-for-european-companies/">
 )
 </a>
 
 </li>
 <li>
 
 <a href="https://sp-edge.com/companies/63055">
 vTiger
 </a>
 launched &ldquo;Insights Designer,&rdquo; a business intelligence tool to create charts and custom metrics, which will be added to its CRM dashboard. The new solution can collate data from different locations, including from outside of Vtiger&rsquo;s solutions via APIs. The new solution is available in the Vtiger One Enterprise edition and Developer Edition. (February 2023; 
 <a href="https://www.vtiger.com/newsletter/february-2023/">
 Company press release
 </a>
 )
 
 </li>
 </ul>
 
 
</div>

Old CRMs were complicated, expensive, and limited. Simpler, cheaper CRMs targeting SMEs have arrived.

SME CRM

Monthly News Summary (February 2023)

Monthly News Summary (January 2023)

Insightly joins Intuit’s QuickBooks solutions provider program to integrate its CRM platform with QuickBooks accounting solutions

Act! launches its CRM solution in the UK to cater to SMBs

Sellsy acquires online billing platform Quipu to enter the Spanish market

Weave partners with Patterson Veterinary. to expand its solutions for Veterinary services

Sellsy integrates with Sinitic to add email signature management capabilities

Nimble launches new workflows automation solution for SMBs

Weave partners with OD link to expand its solutions for vision care professionals

Thryv beats Q3 2022 consensus revenue estimate while EPS was below expectations; raises 2022E revenue guidance

Weave’s operating loss narrows with noteworthy improvement in gross margins in Q3 2022; upgrades 2022E guidance for operating performance

Brett White assumes CEO role of Weave

Copper launches integrations marketplace to extend its solutions capabilities

Jim Campbell was appointed as CFO and COO of Act!

Vcita launches a revamped mobile app to improve efficiency

Pipedrive adds workflow automation feature to its campaign management suite

Capsule integrates with recently launched email marketing solution, Transpond

Salesforce launches Salesforce Easy, a CRM for SMBs

Copper integrates with QuotaPath to add sales commission automation

Thryv beats Q2 2022 consensus revenue estimate; raises FY2022 revenue guidance

Weave beats Q2 2022 revenue estimates while in-line with EPS expectations; upgrades FY2022 revenue guidance

Benchmark Email launches AI-powered content creation tool

Pipedrive hits 1,000 employees, as it accelerates product growth

Weave partners with Sunbit to launch BNPL solution for healthcare practices

Weave launches insurance verification solution for dental practices

Keap launches industry’s first project matching service

Pipedrive expands product capabilities with campaign management

Thryv beats Q1 2022 consensus revenue estimate; raises FY2022 revenue guidance

Weave beats Q1 2022 consensus revenue and EPS estimates; upgrades FY2022 revenue guidance

Sellsy acquires cash management solution RocketChart

All Updates