Overview
Foureyes is a sales intelligence firm dedicated to enhancing sales processes within the automotive dealership sector. Established in 2013 by David Steinberg, the company is based in Oregon and operates with a remote-first model, boasting over 90 employees across 19 states. Foureyes is committed to addressing core inefficiencies in dealership sales through advanced data integration and analysis.
Product Offering
Foureyes' principal product serves automotive dealerships by consolidating data from multiple streams such as websites, phone calls, CRM systems, and inventory databases to deliver comprehensive customer profiles. This integrated platform aids dealerships in managing leads more effectively and boosting sales performance by optimizing follow-ups and matching customer needs with available inventory.
Key Features
- Omni-Tracking: Provides insights into leads' web activities for informed decision-making.
- Inventory Matching: Enhances follow-up by aligning prospective buyers with suitable inventory.
- Enhanced Communication: Includes a free 30-day trial of a unique texting feature for automatic inventory updates to potential customers.
- Foureyes Connect: Enriches lead engagement through detailed profiles capturing shopping behaviors and inventory preferences.
Financials and Funding
As of 2024, Foureyes disclosed an annual revenue nearing $8.2 million, with a workforce of 104 individuals. The company secured $10 million in its latest funding round, aiming to bolster its sales intelligence capabilities and advance its technological framework. Foureyes' estimated enterprise value ranges from $20 to $30 million.
Leadership Team
- David Steinberg - CEO/Founder: With a background in marketing, Steinberg focuses on leveraging data to catalyze the sales process in the automotive industry.
- Jimmy Sharp - President: As President and CFO of Adpearance Holdings, the parent company of Foureyes, Sharp directs financial strategies and maintains operational excellence.
- Meredith Steiner - Chief Strategy Officer: Steiner steers strategic plans and product development to synchronize with the company's overall business goals.
Strategic Initiatives
Committing to corporate social responsibility, Foureyes participates in the TechTown Diversity Pledge and the Portland Means Progress Initiative, demonstrating dedication to cultivating a diverse and fair workplace culture.
Recent Developments
Foureyes recently formed a strategic alliance with Outsell to enhance dealership performance. This collaboration aims to integrate Foureyes' data prowess with Outsell's customer engagement tools, striving for improved sales results across dealerships.
Contact Information
- Website: [https://foureyes.io](https://foureyes.io)
- Sales Contact: (971) 352-3494
- Support Contact: (971) 352-3450
Foureyes is recognized for its human-centric approach, marrying human insights with data to forge innovative sales enhancement strategies for the automotive industry.
Competitor Profile
Foureyes competes in the Sales Enablement Software industry, focusing on optimizing sales procedures and elevating lead conversion effectiveness. The company encounters competition from various entities in sales enablement software and optical retail sectors.
Key Competitors
Sales Enablement Software
1. Deft Sales: Offers CRM, lead conversion, and campaign management tools, emphasizing fast digital lead responses.
- Founded: 2020, Houston-based.
- Team: 5 to 9 employees.
- Revenue: $500K to $1M estimated.
2. Outplay: Multi-channel engagement platform with AI-driven sales tools designed for fast-growth SMBs. It provides comprehensive outbound sales engagement solutions.
- Founded: 2019, Headquartered in Wilmington, Delaware.
- Team: 51 to 200 employees.
- Funding: Raised $7.3 million in Series A.
3. Mailshake: Targets sales and marketing professionals with email outreach and sales engagement software.
- Headquarters: Austin, Texas.
- Key Features: AI for email deliverability and engagement.
4. Leadspace: Offers a B2B customer data platform for personalized customer engagement.
- Total Funding: $46M.
- Key Clients: Microsoft, Salesforce, Nvidia.
Market Presence
Foureyes confronts competition across:
- Optical Retail Solutions: Directly competes against companies such as Warby Parker, Mister Spex, and Zenni Optical in retail overlaps.
- Sales and CRM Software Solutions: Competes with major entities like Salesforce, HubSpot, and Pipedrive in the CRM and sales software domains.
Competitive Features and Strategies
Deft Sales
- Provides comprehensive lead management with rapid response capabilities through calls, texts, and emails.
- Primarily serves the financial advising market, focusing on response efficiency.
Outplay
- Offers outbound tools like scheduling, AI sales intelligence, and integrations.
- Strives to eliminate the need for disparate solutions by offering an all-inclusive sales platform.
Mailshake
- Simplified email outreach interface.
- Enhancements with LinkedIn integration, AI Email Writer, and Deliverability tools.
Leadspace
- Excels in robust data unification and segmentation.
- Powers B2B customer personalization, aiding client acquisition.
Strategic Insights
Foureyes' competitive environment underscores the need for distinctive features, strategic alliances, and tailored marketing strategies for underserved niches. Constant innovation in core sales tools and expanding integration capabilities are critical to navigating a competitive landscape. Emphasizing distinctive value propositions and maintaining flexibility in product development remains essential for sustaining a competitive advantage.
