Consensus Raises $110M in Funding
Consensus, a Lehi, UT-based provider of an intelligent demo automation platform, raised $110M in funding.
The round was led by Sumeru Equity Partners. Along with Sumeru Managing Director Jason Babcoke, Managing Director and COO Randy Randleman and Vice President Nathan Stanley will join the Consensus Board of Directors.
The company intends to use the funds to accelerate growth.
Led by Garin Hess, CEO and founder, Consensus provides an intelligent demo automation platform that scales presales instantly with interactive video demos. Presales and technical sales teams automate repetitive product demos which allows them to reallocate that time to higher value activities. This uncovers stakeholders automatically and eliminates unqualified demos, which in turn shortens sales cycles and improves close rates. Using it, sales engineering teams build a reusable library of interactive demos. Sales reps then send self-directed product demos that use a proprietary method to automatically personalize the content to the buyer based on the customer persona, stage of sales cycle and specific interests, without taxing presales teams.
Market leaders like Salesforce, SAP, Oracle, Autodesk, Sage, TriMech, Coupa and many others trust Consensus to scale.