California-based revenue team workspace company Scratchpad Inc. raised $33 million in a Series B funding round led by existing investor David Sacks’s Craft Ventures with continued participation from Accel, bringing total funding to $49million.
Founded in 2019, Scratchpad essentially builds on Salesforce’s utility, providing Revenue Team Workspace software platform for managing the sales pipeline, taking and sharing notes, working their to-dos, forecasting with their managers, making handoffs between teams more accessible, and collaborating with their revenue teams effectively.
Led by Pouyan Salehi, CEO and co-founder, Scratchpad is used by tens of thousands of salespeople and thousands of companies, including Algolia, Allstate, Chilipiper, Ironclad, Pitchbook, Quora, Sendoso, Segment, Talkdesk, Twilio, Udemy, Upwork, Vanta, Vidyard, and more. These organizations have adopted Scratchpad
While Salesforce remains one of the most used customer relationship management (CRM) tools, claiming an estimated one-fifth of the CRM market, this doesn’t always translate into popularity — “clunkiness” and a “lack of user-friendliness” are just some of the common complaints.
Easy to use Scratchpad is growing exponentially
The San Francisco-based company had previously raised around $16 million, the bulk of which arrived via its $13 million series A round last year. With another $33 million in the bank from existing investors, including Craft Ventures and Accel, Scratchpad is firmly positioned as it looks to capitalize on recent momentum, which has brought a slew of new products to market.
These include Scratchpad Command, which allows users to update Salesforce from anywhere on the web; a new unified workspace for the calendar, sales notes, and Salesforce; and a workspace commenting system for sales teams.
Scratchpad is becoming a must-have for the sales team tech stack. As a $200 billion-plus company today, Salesforce’s success over the past two decades can be attributed to several factors — chief among them, perhaps, has been the ecosystem it has nourished.
Scratchpad eliminates daunting processes
However, Scratchpad serves as a further example of the Salesforce network effect. The startup has continued its rapid pace of product innovation designed to help customers increase usage and adoption of Salesforce.
The recent product releases including, bridging calendar, tasks, notes, contacts, and Salesforce, Scratchpad Command, pushing and linking notes to Salesforce, and now a first-of-its-kind commenting system designed for revenue teams is an attempt towards simplification.
Customers can sign up to use Scratchpad in less than 30 seconds via the Chrome plugin or as a web app. The platform instantly connects to Salesforce and gives salespeople the fastest experience to access and update Salesforce and manage their day-to-day sales workflow.