# Spotio

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/spotio

- Industry: Software
- Headquarters: Dallas, US
- Website: www.spotio.com
- Total disclosed funding: $4.5M
- Latest round: Series A (Jan 9, 2020)
- Investors on record: 1

## About

Spotio, Inc. is a field sales software company that improves sales productivity for representatives and managers through automation and tracking of sales activities.Founded in 2014 and headquartered in Dallas, US, Spotio, Inc. specializes in field sales software solutions. The company raised USD 4.5 mn in Series A funding on January 9, 2020, led by Ballast Point Ventures. Trey Gibson serves as CEO.SPOTIO offers a comprehensive field sales software platform designed to enhance productivity for sales representatives and managers. The platform automates, tracks, and optimizes various sales activities, allowing users to focus on selling rather than administrative tasks. Key functionalities include sales prospecting, territory mapping, activity management, and automated task features. The software is tailored for a diverse client base across multiple industries, including solar, telecommunications, medical/pharmaceutical, and home improvement, catering primarily to B2B and B2C sellers. SPOTIO’s solutions are utilized by over 1,500 field sales teams to drive performance improvements, with a focus on the North American market.SPOTIO generates revenue through a subscription-based model, offering different pricing plans tailored to the needs of businesses ranging from small teams to large enterprises. Clients typically engage in direct partnerships and pay for access to the platform based on their chosen plan, which may include various features and support levels. The company’s flagship offerings, including SPOTIO AI for task automation and sales tracking capabilities, are integral to its value proposition. Clients benefit from the software’s ability to provide real-time insights and streamline sales processes, leading to increased productivity and overall sales performance.Spotio, Inc. plans to leverage its recent Series A funding of USD 4.5 mn to enhance product offerings and expand into new markets. The company is focused on developing new features for its platform, with upcoming releases aimed at further optimizing sales processes. Spotio targets expansion into additional North American regions by the end of 2022, aiming to grow its client base significantly.

## Funding rounds

- Series A, Jan 9, 2020, $4.5M — Ballast Point Ventures

## Investors

- Ballast Point Ventures (https://capitalatlas.ai/funds/ballast-point-ventures) — Series A