Groove, a Clari Company Strengths, Domain Expertise, and Key Differentiators
Groove's primary differentiator lies in its seamless integration with Salesforce, eliminating the need to transfer customer and deal data to external cloud services. This integration ensures data integrity, minimizes the risk of errors, and reduces software complexity, thereby mitigating regulatory compliance issues.
Groove has cultivated deep domain expertise and an understanding of the challenges faced by sales teams. This expertise allows Groove to tailor its platform to meet the specific security, scalability, and customization requirements of enterprises utilizing Salesforce or Salesforce Industry Clouds.
Groove, a Clari Company Recent Developments
In 2021, Groove introduced an Auto Contact Capture feature, revolutionizing the identification of missing Salesforce contacts cc'd on emails or meeting invitations. This innovation allows sales teams to complete the buying committee, gather intelligence about peripheral deal members, and reduce data entry burdens for representatives.
Groove, a Clari Company Mergers and Acquisitions (M&A) Activities
Groove recently concluded a successful funding round, securing $45 million in investments. This funding round was led by Viking Global Investors, demonstrating the market's confidence in Groove's growth potential. The infusion of capital will be instrumental in further enhancing Groove's product offerings, expanding its customer base, and driving international operations.
Groove, a Clari Company Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Groove, a Clari Company applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Groove, a Clari Company and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Groove Platform customers.
Groove, a Clari Company Overview
660 4th St #684
San Francisco, CA, 94107, United States
1 650-999-0200
https://www.groove.co/
Ownership: - x
Number of Employees: 200
Functional Markets: CRM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Groove, a Clari Company Key Enterprise and Cloud Applications
Groove Platform
Groove, a Clari Company Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Groove, a Clari Company Revenue Breakdown By Type, $M:
Groove, a Clari Company Enterprise Applications Revenues By Functional Markets, $M:
Groove, a Clari Company Enterprise Applications Revenues By Verticals, $M:
Groove, a Clari Company Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Groove, a Clari Company Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Groove, a Clari Company Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Groove, a Clari Company Customers
No. of Groove, a Clari Company Customers: x
No. of Groove, a Clari Company Enterprise Applications Customers: x
No. of Groove, a Clari Company Cloud Customers: x
No. of Groove, a Clari Company Cloud Subscribers: 75000
Groove boasts an impressive customer base, with over 75,000 users from renowned organizations such as Google, Atlassian, Uber, and Capital One. This diverse customer portfolio showcases Groove's ability to cater to the needs of enterprises across various industries.
Groove is used in over 100 countries around the world, with the majority of Groove's customers being mid-market and enterprise businesses.
Groove, a Clari Company Market Opportunities, M&A and Geo Expansions
The sales software market is witnessing substantial growth as organizations prioritize digital transformation and sales process optimization. Groove is well-positioned to capitalize on this market opportunity by continually enhancing its product portfolio, expanding its customer base, and delivering value to sales teams.
Groove, a Clari Company Risks and Challenges
Groove's focus on supporting the security, scalability, and customization needs of enterprises using Salesforce or Salesforce Industry Clouds provides advantages, it also presents risks and challenges. These include a limited customer base, dependence on Salesforce's success and potential competitive pressure, complexity in customization, and the possibility of vendor lock-in.
Groove, a Clari Company Ecosystem, Partners, Resellers and SI
Groove simplifies the process by seamlessly integrating with popular platforms like Gmail and Microsoft 365, allowing for effortless data extraction into the CRM. Microsoft 365, provided by Microsoft Corp., encompasses the Office productivity suite, further enhancing the integration capabilities of Groove.
Groove, a Clari Company Cloud Infrastructure Insights
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- Groove, a Clari Company Public Cloud and Infrastructure (IaaS)
- Groove, a Clari Company Platform (PaaS)
- Groove, a Clari Company Application Delivery
- Groove, a Clari Company Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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