In October 2017, Salesforce launched a Facebook Analytics tool for business-to-business marketers. In October 2014, Salesforce announced the development of its Customer Success Platform to tie together Salesforce's services, including sales, service, marketing, analytics, community, and mobile apps. This was successfully challenged by a campaign called #notinourname which was launched by Social Enterprise UK, resulting in withdrawing their trademark application and agreeing not to use the term in their future marketing. In July 2012, Salesforce applied to trademark the term " Social enterprise" in the United States, the European Union and Jamaica where the term was in widespread use to describe businesses with a primarily social purpose. Early investors include Larry Ellison, Magdalena Yesil, Halsey Minor, Stewart Henderson, Mark Iscaro, and Igor Sill of Geneva Venture Partners. ![]() In June 2004, the company had its initial public offering on the New York Stock Exchange under the stock symbol CRM and raised US$110 million. The team wrote the initial sales automation software, and launched it to customers between September and November 1999. ![]() The company was founded in 1999 by former Oracle executive Marc Benioff, Parker Harris, Dave Moellenhoff, and Frank Dominguez as a software as a service (SaaS) company. Planck will return simple insights such as having an ER operations, and well as more complex insights such as the type of NIV equipment, opioids and type of surgeries performed in the business,” said Tsur.Salesforce was ranked first in Fortune's 100 Best Companies to Work For in 2018 and second in 2019. “Take a healthcare business as an example. Planck draws on a large range of sources for data, including online images, text, videos, reviews and public records, to generate risk-related insights for a business using its name and address. This means insurance carriers are dealing with more volume at a time when many of their employees are still working from home. On the renewal side, businesses are also making major changes to their operations, including the types of services they offer, or seeking additional coverage. For example, Planck anticipates higher levels of submissions as business owners who need to cut costs shop around for less costly policies. Its platform’s ability to provide real-time insights means it can help insurance providers keep up with increased inquiries during the COVID-19 pandemic, Tsur said. Planck provides insurance-related data analytics for more than 50 major business segments, including restaurants, construction and manufacturing, and insurance lines, like workers compensation and general liability. Planck provides large insurance companies with data analytics and though it doesn’t disclose its exact number of customers, co-founder and CEO Elad Tsur told TechCrunch it currently works with “dozens of commercial insurance companies in the U.S., and among them are more than half of the top-30 insurers.” Clients include Chubb, Great American Insurance Group’s Republic Indemnity and AIG’s Attune. The New York-based startup anticipates that clients will need to handle an influx of insurance requests as businesses adapt to the COVID-19 pandemic.Īll of the Planck’s existing investors - Viola FinTech, Arbor Ventures and Eight Roads - also participated, while Nationwide and Hannover Digital Investments joined as strategic investors. ![]() Planck, an AI-based data platform for insurance underwriting, has raised a $16 million Series B led by Team8 Capital.
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