Pipedrive, an American cloud-based software company has been included in Forbes 2020 Cloud 100 list. The list is published by Forbes in collaboration with Bessemer Venture Partners and Salesforce Ventures. 

Raj Sabhlok, CEO of Pipedrive, released a statement over this achievement saying “Being included in the independently judged and highly competitive ranking for the third year in a row is a tremendous honor and proves once again that Pipedrive chose the right path when evolving from a sales CRM to a revenue platform”. “It is an acknowledgment to our whole team that their dedication pays off, and the result is a powerful yet easy to use and intuitive software that helps more than 90,000 teams all over the world to reach their goals and boost revenue. As a profitable business, we have ambitious plans for the next phase of growth by challenging the CRM status quo,” Sabhlok said.

In the past, Pipedrive has released modernized solutions to help its users generate fruitful leads, close deals using an automated system, and develop customer relations. Recently, the company has launched the new UX that is capable of handling the user’s actual workflow to increase efficiency. Moreover, the system is integrated with the latest analytics platform that provides transparent reports that help the sales team close the deal faster than ever. Pipedrive also released a number of features that are especially useful for remote teams, such as Sales Docs and integrations with Zoom and MS Teams.

As part of the rigorous selection process for the Forbes 2020 Cloud 100, Bessemer Venture Partners received submissions from hundreds of cloud startups. The Cloud 100 Judging Panel, made up of public cloud company CEOs, reviewed the data to select, score, and rank the top 100 private cloud companies from all over the world. The evaluation process involved ranking companies across four factors: market leadership (35%), estimated valuation (30%), operating metrics (20%), and people & culture (15%).

The Forbes 2020 Cloud 100 and 20 Rising Stars lists are published online at www.forbes.com and will appear in the September 2020 issue of Forbes magazine. Read the full post here. 


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