Gong Raises $250M in Series E Funding at $7.25 Billion Valuation


Gong, a Palo Alto, Calif.-based revenue intelligence company, raised $250m in Series E funding. 

The round, which brought total funding raised to date to $584m and valuation at $7.25 Billion, was led by Franklin Templeton, with participation from existing investors Coatue, Salesforce Ventures, Sequoia, Thrive Capital, and Tiger Global.

Led by CEO Amit Bendov, Gong provides revenue teams with a platform that captures and understands every customer interaction, then delivers insights at scale, empowering revenue teams to make decisions based on data instead of opinions. 

With its patented platform, Gong captures the full range of a company’s customer interactions, surfaces insights about markets, deals and employee skills, and recommends the next best steps to progress deals, ensure customer success, and win markets.

Over 2,000 innovative companies like LinkedIn, MuleSoft, Paychex, PayPal, Shopify, Slack, Sprout Social, Twilio, and Zillow currently use the platform.