OneUp Sales, a Staffordshire, UK-based platform which helps businesses to manage and motivate sales teams, raised £2.25 million in funding.
The investment was from the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund (MEIF), and Mercia’s EIS funds.
The funding will be used to further develop the platform that drives productivity in sales teams worldwide.
OneUp Sales enhance reporting, improves the accountability of salespeople, fosters friendly competition with sales teams, and helps celebrate success. It also integrates with almost 30 different types of customer relationship management (CRM) systems.
Derry Holt, CEO of OneUp Sales, said: “We are excited about this new chapter at OneUp Sales. Our growth and this successful fundraising round validate the impact we’re having on hundreds of sales teams around the world. With the support of our investors, we are well prepared to pursue our vision and deliver even greater functionality to our clients; our upcoming commission management tool is set to be a gamechanger for finance and sales teams everywhere.”
The investment will enable the company to launch a new commission management solution later this year which will simplify the process of calculating and managing sales commission and help to further motivate salespeople.
Company: Stormburst Studios Ltd.
Raised: £2.25M
Round: Unknown
Funding Month: June 2023
Lead Investors: MEIF Proof of Concept & Early Stage Fund
Additional Investors:
Company Website: https://oneupsales.co.uk/
Software Category: Sales Intelligence Software
About the Company: Founded in 2016 by Derry Holt and James Heath, OneUp Sales is a sales motivation and management platform that helps sales teams report on, gamify, and visualize their performance data. OneUp seamlessly integrates with numerous CRMs, VOIP systems, and other third-party solutions, providing sales leaders with a comprehensive overview of their essential metrics in a single location. Over 250 UK-based companies, including Recruitment Entrepreneur, Xcede, Investigo, and Premier Group, rely on the OneUp platform to drive their sales operations.
Source: https://www.thebusinessdesk.com/westmidlands/news/2075052-sales-platform-motivated-for-growth-with-2.25m-investment