Cordance Company Research Report

Company Overview

• Name: Cordance

• Mission: Cordance is committed to accelerating the growth of vertically-focused, business-to-business (B2B) software-as-a-service (SaaS) companies through acquisition and long-term tactical and financial guidance. The company aims to help these businesses reach their full potential by upholding their original vision and enhancing their scalability.

• Founded: No information is available.

• Founders: No information is available.

• Key People:

• Sharon Love: Chief Executive Officer

• Dan Savage: Chief Financial Officer

• Jeffrey Schwimer: Vice President of M&A

• Sheraun Britton-Parris: Chief Marketing Officer

• Caroline Morris: Chief Operating Officer

• Eric Wood: Chief Technology Officer

• Ellen Samuels: General Counsel

• Bryan Klann: Chief Revenue Officer

• Headquarters: Raleigh, North Carolina, USA

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: Cordance is known for acquiring and driving growth in vertically-focused B2B SaaS companies by enhancing their products, processes, and people for long-term success.

Products

• Products Offered and Descriptions:

1. Spiro.ai:

• An AI-powered CRM platform specifically designed for manufacturers, providing actionable insights and automating data collection to enhance business processes and efficiency.

• Key Features: Automated data collection, real-time analytics, predictive modeling, and proactive recommendations.

2. epaCUBE:

• Specializes in pricing optimization solutions tailored for industrial distributors, offering a suite of tools that facilitates dynamic pricing and segmentation.

• Key Features: Profit Optimizer, Sales Assistant, Contract Manager, Rebate and Claimback Manager. These tools help in revenue maximization, segmentation, and effective sales management.

Recent Developments

• Recent Company Developments:

• May 30, 2024: Cordance acquired Spiro.ai, an AI-powered CRM platform tailored for manufacturers, enhancing their capabilities with advanced technology focused on customer relationship management and business insights.

• April 9, 2024: Cordance acquired epaCUBE, a leader in pricing optimization solutions for distributors, thereby expanding its resources and expertise in the wholesale distribution space.

• March 19, 2024: Bryan Klann was announced as the new Chief Revenue Officer, bringing extensive experience in enterprise software sales to enhance Cordance’s go-to-market strategies.

• January 24, 2024: Caroline Morris was appointed as the Chief Operating Officer to lead customer engagement strategies and manage the end-to-end customer journey.

• New Products Launched: No information is available.

• New Features Added to Existing Products: No information is available.

• New Partnerships: Partnership with Spiro.ai and acquisition of epaCUBE are considered strategic alignments that enhance Cordance's offerings in technological and operational efficiencies for its target market segments.

This report provides an insight into Cordance's strategic direction, key leadership, product offerings, and recent strategic initiatives, reflecting its commitment to enriching the value proposition for its acquired businesses.