Articles from SciFin

New research from SciFin, a new company that helps revenue teams turn fragmented information into timely action, and Censuswide reveals that critical customer and deal risk is still catching revenue teams by surprise, even as investment in revenue technology rises. The Cost of the Revenue Context Gap, a survey of 500 U.S. Sales and Revenue Operations leaders, found that 78% have been surprised by a deal falling through that their systems indicated was fine, even as 65% said their organization increased annual spending on revenue systems this year. Nearly three in four (74.6%) have also lost a customer they didn’t realize was at risk, and 71% say that by the time their organization identifies risk, it is usually too late to change the outcome.

SciFin, a new company helping revenue organizations turn fragmented information into timely action, today launched its platform, pioneering Context Convergence, a new category built to close the Context Gap: the divide between information scattered across an organization and the complete, current understanding teams need to make decisions.

SciFin, which helps revenue teams turn fragmented information into timely action, today emerged from stealth and announced $44 million in seed funding. The round was co-led by Altimeter and Madrona with participation from Foundation Capital, S32, Zetta Ventures and others.