.svg)
CaptivateIQ is a software platform that automates the management and calculation of sales commissions for businesses. Its core product helps companies streamline the administration, calculation, reporting, analysis, and management of complex, variable-based commission plans.
The CaptivateIQ platform is designed to centralize data from multiple sources, enriching that data for commission-related workflows. This centralization, combined with a flexible rules engine, allows organizations to customize commission structures to fit their unique needs. The platform aims to help companies drive faster close times, reduce payout errors, and maximize sales performance by eliminating manual commission processes and providing transparent reporting.
What makes CaptivateIQ different?
CaptivateIQ stands out for its ability to handle highly complex and variable commission plans, offering notable flexibility and scalability compared to traditional solutions. The platform’s data integration capabilities allow it to bring together disparate information sources into a single, powerful environment for commission management.
Who uses CaptivateIQ?
CaptivateIQ serves a wide range of organizations, primarily those with large or complex sales teams and intricate commission structures. Notable customers include:
- Boston Scientific
- Stifel
- Gong
- Showpad
- Planview
- Yello
- StrongDM
- BigCommerce
- Bloomreach
- Chapter
Companies like Shutterstock, Gong, and Figma also rely on CaptivateIQ to manage their sales commissions, illustrating its adoption by leading technology and enterprise brands.
How was CaptivateIQ started?
CaptivateIQ was founded by a team with experience in software development and business operations, including Co-CEOs Conway Teng and Mark Schopmeyer, and founder Hubert Wong. The leadership team also includes Agata Dec (Senior Vice President of Customer Experience), Allison Solin (Vice President of Alliances and Growth), Katie Foote (Chief Marketing Officer), Kushan Patel (Vice President of Product), and Nahi Ojeil (Senior Vice President of Engineering, Product, and Design). Their combined backgrounds contribute to CaptivateIQ’s focus on solving the challenges of commission management at scale. More about their team and company journey can be found on their About page.
Use PromptLoop to Uncover Company Data
Looking for more company insights like this? PromptLoop helps you go deeper, providing unique data points and analysis on companies like CaptivateIQ and many others. Automate your research and find the information that matters most. Discover how PromptLoop can accelerate your market intelligence. Get A Free Demo to learn more.