Groove Named to San Francisco Business Times’ Fast 100 List for Two Years Running
We’re excited to announce that Groove has made the San Francisco Business Times’ 2020 Fast 100 list of the fastest-growing privately held companies in the Bay Area. Ranking 16 out of 100, this is the second year in a row on the list.
The record revenues that have enabled Groove to earn this award have been driven by exponential growth in the sales engagement platform category over the past three years. More than $250 million has been invested in the category over the past 18 months alone, and TOPO Research projects that sales engagement will become a multi-billion dollar market as enterprises expand the use of these platforms beyond the prospecting use case to fully support account executives and full-cycle sellers.
As the only enterprise sales engagement platform built to meet the relationship-based needs of full-cycle sellers, Groove continues to see strong demand for its sales engagement platform from a wide range of industries, including financial services, education, and other verticals currently undergoing accelerated digital transformation due to COVID-19.
“We are honored to be ranked as one of the fastest-growing private companies in the Bay Area for two years running,” said Chris Rothstein, CEO at Groove. “The sales engagement category has exploded over the past three years, and it’s exciting that Groove is leading the market for companies using Salesforce or Salesforce Industry Clouds as their CRM platform.”
2020 Industry Recognition
Groove’s ranking in the San Francisco Business Times’ Fast 100 list adds to a growing list of industry awards and accolades received in 2020.
Sept. 2020 – The Forrester Wave™: Sales Engagement, Q3 2020 – Strong Performer
Sept. 2020 – G2 Fall 2020 Sales Engagement Software Grid Report – Highest-Rated Platform
Sept. 2020 – AA-ISP 2020 Service Provider of the Year Award
Aug. 2020 – Inc. 5000 List – #470 of 5,000 fastest growing privately held companies in the U.S.
June 2020 – Crozdesk’s Happiest Users 2020 – #1 in High User Satisfaction
May 2020 – Inc. Magazine Best Workplaces 2020
March 2020 – Crozdesk’s Sales Management Software Awards 2020 – #1 of TOP20 Software Products of 2020
About the San Francisco Business Times Fast 100 Awards
The San Francisco Business Times 100 Fastest-Growing Private Companies in the Bay Area 2020 awards program ranks local organizations by the rate of revenue growth increase between 2017 and 2019. Candidate companies were required to have at least $200,000 in revenue in 2017 and to be privately held and headquartered in one of the counties covered by the Business Times, which include San Francisco, Alameda, San Mateo, Contra Costa & Marin.