Bravado Raises $26M Led By Tiger Global, Acquires Compgauge To Provide Comprehensive Ecosystem for B2B Sales Hiring

200,000+ gross sales professionals belief Bravado because the neighborhood for B2B gross sales. Members get recommendation on hit quota, get promoted, discover their subsequent job, and stage up their careers.

SAN FRANCISCO, May 19, 2022 /PRNewswire/ — Bravado, the skilled community for B2B gross sales, as we speak introduced it has raised $26 million in Series B funding led by Tiger Global. The spherical included neighborhood participation from 250 Chief Revenue Officers and VPs of Sales, together with outstanding angels like Zynga founder Mark Pincus, Lenny Rachitsky and the Airbnb alumni syndicate, Packy McCormick, and Sahil Bloom. Existing buyers Redpoint Ventures, XYZ Ventures, Freestyle Capital and Precursor all participated once more. This brings the corporate’s whole raised to $41 million.

The firm has additionally accomplished its first acquisition with the addition of Compgauge to the Bravado portfolio. Compgauge helps 1000’s of gross sales professionals resolve which employers to work for with complete wage knowledge, firm opinions and interview insights. With this acquisition, Bravado now expands its Talent Marketplace to assist salespeople uncover if they’re being pretty compensated, get interview and hiring assist, and search for different profession assets.

Founded in 2017 by gross sales chief turned CEO Sahil Mansuri, Bravado now has over 200,000 Members throughout 72 international locations. Members acquire entry to a personal neighborhood to get recommendation from prime gross sales professionals, construct their vendor portfolio, and entry a profession market to seek out their subsequent function and guarantee truthful compensation.  Bravado’s mission is to assist gross sales professionals be wildly profitable through a set of free assets to stage up their profession.

“Sales is essentially the most crucial perform at each firm, as a result of they generate income and speak to prospects. Yet gross sales hiring and coaching are caught within the period of Boiler Room and Glengarry Glen Ross,” mentioned Sahil Mansuri, Founder and CEO of Bravado. “Bravado gives each trendy vendor the community, skilled improvement, and expertise market to assist them stage up their profession.”

The Bravado Community has exploded after the pandemic, when gross sales professionals had been wanting for an alternative choice to the in-person gross sales ground the place reps commerce suggestions and study from one of the best. Bravado is the worldwide gross sales ground, with gross sales professionals from over 30,000 know-how firms, together with Salesforce, Google, Facebook, Adobe, Slack, Uber, Dropbox, and Apple, rising their careers. Recently, Bravado has added an unique community for gross sales leaders: over 20,000 VPs of Sales / Chief Revenue Officers are working collectively to form the way forward for the gross sales occupation on Bravado.

“Bravado is capturing a major market alternative by constructing the primary skilled neighborhood that addresses the precise wants of salespeople. With its mixture of neighborhood, alternative, and advocacy, Bravado helps salespeople get what they should construct and develop their careers,” mentioned Sam Harland, Partner, Tiger Global. “We sit up for partnering with Sahil and the Bravado staff.”

Bravado Jobs: Connecting Top Sales Talent With Vetted Companies
For most know-how firms, gross sales hiring is a large downside. While the roles market total has been unstable all through the pandemic, gross sales jobs have been in excessive demand. By the top of 2021, there have been 4.3 million extra open gross sales job openings than salespeople available on the market.

The firm launched Bravado Jobs on the finish of 2021 to fill that vast hole. Bravado is now serving to 40+ main know-how firms rent SDRs, AEs, CSMs, and gross sales management. The firm scaled from $0 to $4 million in annual recurring income within the first 7 months since launch. Bravado Jobs gives gross sales professionals the chance to attach with a curated community of extremely vetted gross sales organizations seeking to scale. Every employer included within the market is rigorously vetted and chosen from over 30,000 firms from the Bravado Network, making certain every employer has sturdy product-market match, prime enterprise capital backing, sturdy gross sales tradition and seasoned gross sales management, achievable quotas and on-target earnings (OTEs).

“Every recruiter guarantees excessive OTEs, tons of scorching leads, and a product that is flying off the cabinets,” mentioned Mansuri. “Yet when the gross sales skilled joins the corporate, they notice they’ve made an enormous mistake. Bravado Jobs ensures that solely these firms that deserve to rent prime gross sales professionals, by having a world-class product and powerful tradition, can recruit from our community. That’s why I personally vet each firm earlier than we carry them onboard as an employer.”

Bravado War Room: The Conversations That Aren’t Happening on LinkedIn
With greater than 200,000 gross sales professionals on the platform – up 20x from 10,000 in January 2021 – The Bravado War Room is changing LinkedIn because the place the place prime gross sales professionals come collectively to get actual recommendation on gross sales. Members are on a mission to assist each other as we problem the misconceptions round being in gross sales. Rather than the fluff that permeates LinkedIn, the War Room is a pseudonymous neighborhood the place gross sales professionals are reviewing offers, discussing compensation, and studying finest practices round promoting remotely.

Bravado Seller Portfolio: Own Your Online Professional Identity
The prime gross sales professionals on this planet are consultative specialists of their discipline, working hand in hand with their prospects to ship enterprise outcomes and construct long-term partnerships. Yet each salesperson’s public profile appears the identical on different on-line skilled communities with no manner for an employer or buyer to know who the highest gross sales professionals are. To make issues much more difficult, gross sales professionals’ personal portfolios together with their deal historical past and profession accomplishments are caught inside their employer’s CRM system so after they go away an organization all that knowledge is left behind.

Bravado Seller Portfolio was constructed as a manner for gross sales professionals to showcase their trade experience, merchandise they’re specialists in, prospects they’ve labored with, and testimonials vouching for their trustworthiness. With the Bravado Seller Portfolio, salespeople can now proudly spotlight their gross sales accomplishments in a contemporary, lovely format and personal their complete skilled id.

For extra details about Bravado, go to: https://bravado.co.

About Bravado
Bravado is the place gross sales professionals go to stage up their careers. Our mission is to make each gross sales skilled profitable and assist sellers at each stage of their profession journey. We present job matching with vetted, high quality gross sales organizations, free instructional assets, and the world’s largest on-line neighborhood for gross sales execs. For extra info, go to: https://bravado.co

Media Contact
Kat Eller Murray
ROAM Communications for Bravado
415.684.8528
[email protected] 

SOURCE Bravado