WorkSpan Raises $30M in Series C Funding

workspan

WorkSpan, a San Bernardino, CA-based provider of a co-sell management network, raised $30M in Series C funding.

The round was led by Insight Partners with participation from Mayfield and M12.

The company intends to use the funds to further invest in customer innovation and growth.

Led by CEO Mayank Bawa, WorkSpan is a co-sell management network that empowers companies to charge and scale their co-sell revenue growth. Partnership and Sales teams use its SaaS solution to collaborate with partners on deals, exchange co-sell referrals from inside their CRM, manage shared pipelines, and track performance on a live dashboard.

Using it, partnership leaders engage some of the largest technology hubs in the world like AWS, Cisco, Microsoft, SAP, and Wipro to:

  • Co-Sell with partners, including top cloud hyperscalers, to accelerate measurable revenue growth
  • Co-Innovate with partners to bring joint solutions to market 6x faster
  • Co-Market to bring those joint solutions to market and fairly distribute leads to partners
  • Co-Invest to align incentives between partners across the full customer lifecycle

The company powers some of the top technology ecosystems, managing over 9,000 partner companies, $50 Billion of co-sell opportunities and $1 Billion in incentive funds. Customers include Microsoft, Cisco, SAP, VMware, HPE, Accenture, Ericsson, Red Hat, and others. WorkSpan is pre-integrated for partner co-selling with Microsoft Partner Center and AWS ACE.

FinSMEs

05/10/2022