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Pipedrive - About the company

Pipedrive is an acquired company based in Tallinn (Estonia), founded in 2010 by Ragnar Sass, Martin Tajur, Timo Rein, Martin Henk and Urmas Purde. It operates as a Platform offering CRM for businesses with a visual sales pipeline tool. Pipedrive has raised $90.3M in funding from investors like Bessemer Venture Partners, Atomico and Rembrandt Partners, with last known valuation of $1.5B. The company has 2291 active competitors, including 102 funded and 56 that have exited. Its top competitors include companies like Salesforce, HubSpot and Freshworks.

Sectors and market segments that Pipedrive operate in

Pipedrive serves in the B2B, SaaS space.

Company Details

Platform offering CRM for businesses with a visual sales pipeline tool. It includes a pipeline view, that provides information on deals at different sales stages to understand the sales team performance. It offers lead management, pipeline management, reporting, and analytics solutions.
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Email ID
*****@pipedrive.com
Key Metrics
Founded Year
2010
Location
Tallinn, Estonia
Stage
Acquired
Total Funding
$90.3M in 9 rounds
Latest Funding Round
Last Known Valuation
$1.5B as on Nov 12, 2020
Ranked
Annual Revenue
€22K as on Dec 31, 2023
Employee Count
370 as on Sep 30, 2024
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Vista Equity Partners (Nov 12, 2020)
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Pipedrive's acquisition details

Pipedrive got acquired by Vista Equity Partners on Nov 12, 2020. It was facilitated by Wells Fargo, Latham & Watkins, Kirkland & Ellis and 2 more.
Click here to take a look at Pipedrive's acquisition in detail

Pipedrive's funding and investors

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Pipedrive has raised a total funding of $90.3M over 9 rounds. Its latest funding round was a Series C round on Jun 14, 2018 for $60M. 5 investors participated in its latest round, lead by DTCP.

Pipedrive has 21 institutional investors including Bessemer Venture Partners, Atomico and Rembrandt Partners. Taavet Hinrikus and 3 others are Angel Investors in Pipedrive.

Here is the list of recent funding rounds of Pipedrive:
Date of funding
Funding Amount
Round Name
Post money valuation
Revenue multiple
Investors
Jun 14, 2018
$60M
Series C
-
-
Jan 18, 2017
$17M
Series B
-
-
Nov 12, 2015
$797K
Series A
-
-
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Pipedrive's founders and board of directors

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The founders of Pipedrive are Ragnar Sass, Martin Tajur, Timo Rein, Martin Henk and Urmas Purde. Martin Tajur has founded 2 more companies - United Dogs and Listhings. Ragnar Sass has founded 1 more company - Clanbeat.

Pipedrive's employee count trend

Pipedrive has 370 employees as of Sep 24. The total employee count is 16.0% lower than what it was in Sep 23. Here is Pipedrive's employee count trend over the years:
Employee count trend for Pipedrive
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Pipedrive's Competitors and alternates

Top competitors of Pipedrive include Salesforce, HubSpot and Freshworks. Here is the list of Top 10 competitors of Pipedrive, ranked by Tracxn score:
Overall Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Salesforce
Salesforce
1999, San Francisco (United States), Public
Cloud based CRM and social collaboration solutions for enterprises
$52M
87/100
2nd
Logo for HubSpot
HubSpot
2005, Cambridge (United States), Public
Provider of AI-powered customer relationship management software
$101M
84/100
3rd
Logo for Freshworks
Freshworks
2010, San Mateo (United States), Public
Cloud-based business process management suite solutions
$499M
78/100
4th
Logo for SugarCRM
SugarCRM
2004, Cupertino (United States), Acquired
AI-based open-source CRM software
$152M
76/100
5th
Logo for Zoho
Zoho
1996, Chennai (India), Unfunded
Provider of cloud based business software suite
-
-
72/100
6th
Logo for Pipedrive
Pipedrive
2010, Tallinn (Estonia), Acquired
Platform offering CRM for businesses with a visual sales pipeline tool
$90.3M
66/100
7th
Logo for CallidusCloud
CallidusCloud
1996, Pleasanton (United States), Acquired
Cloud-based sales, marketing and pipeline management solutions
$89.2M
64/100
8th
Logo for EasyRewardz
EasyRewardz
2011, Gurugram (India), Series B
Loyalty management and customer engagement software for enterprises
$15.3M
64/100
9th
Logo for ChapsVision
ChapsVision
2019, Suresnes (France), Series C
Platform offering CRM software for enterprises
$284M
63/100
10th
Logo for ForceManager
ForceManager
2011, Barcelona (Spain), Acquired
Platform offering Mobile CRM and field sales management software
$12M
62/100
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Looking for more details on Pipedrive's competitors? Click here to see the top ones

Pipedrive's Investments and acquisitions

Pipedrive has acquired Mailigen. Pipedrive has not made any investments as of now.

Reports related to Pipedrive

Here is the latest report on Pipedrive's sector:

News related to Pipedrive

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Media has covered Pipedrive for a total of 13 events in the last 1 year, 3 of them have been about company updates and 2 about partnerships.
Pipedrive Unveils Agentic AI Experiencedestinationcrm.comFeb 04, 2025Pipedrive
Inc. Names Pipedrive as a 2024 Power Partner Award WinnerBusiness WireOct 22, 2024Pipedrive
Sendcloud appoints new chief customer officerFinextraSep 06, 2024SendCloud, Pipedrive
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