Consensus

American Fork, United States Founded: 2013 • Age: 13 yrs
Personalized automated product demos are delivered for B2B sales teams.
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About Consensus

Consensus is a company based in American Fork (United States) founded in 2013. It operates as a SaaS (Software-as-a-Service). Consensus has raised $143.09 million across 8 funding rounds from investors including CEB Global, Sumeru Equity Partners and RAC. Consensus has completed 1 acquisition, including ReachSuite. Consensus offers products and services including Product Experience Platform, Automated Product Simulations, Interactive Product Tours, and On-Demand Video Demos. Consensus operates in a competitive market with competitors including Vidyard, Hippo Video, walnut, Kaon and PlayPlay, among others.

  • Headquarter American Fork, United States
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Consensus Sales, Llc
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $143.09 M (USD)

    in 8 rounds

  • Latest Funding Round
    $110 M (USD), Series C

    Mar 08, 2023

  • Investors
    CEB Global

    & 7 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Consensus

Consensus offers a comprehensive portfolio of products and services, including Product Experience Platform, Automated Product Simulations, Interactive Product Tours, and On-Demand Video Demos. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform enabling interactive buyer-led product experiences daily.

Simulations providing try-before-buy experiences for potential buyers.

Tours guiding buyers through product features interactively online.

Videos delivering product demonstrations accessible anytime for buyers.

People of Consensus
Headcount 50-200
Employee Profiles 81
Board Members and Advisors 1
Employee Profiles
People
Mike Jensen
Account Executive
People
Sami Focarino
Sr. Manager, Events & Partnerships
People
Brian Schaad
VP, Engineering
People
Justin Ware
Lead Product Designer

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Board Members and Advisors
people
Garin Hess
Founder & CEO

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Funding Insights of Consensus

Consensus has successfully raised a total of $143.09M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $110 million completed in March 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 8
  • Last Round Series C — $110.0M
  • First Round

    (28 Oct 2014)

  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2023 Amount Series C - Consensus Valuation Sumeru Equity Partners
Jan, 2022 Amount Series B - Consensus Valuation Riverside Acceleration Capital , Frazier Group
Dec, 2020 Amount Series B - Consensus Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Consensus

Consensus has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include CEB Global, Sumeru Equity Partners and RAC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Buyouts are targeted by this private equity investment firm.
Founded Year Domain Location
Growth capital and acceleration support are provided for B2B software companies.
Founded Year Domain Location
Investments are directed toward early-stage tech startups by Album VC.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Consensus

Consensus has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ReachSuite. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Full funnel buyer enablement is delivered via ReachSuite's sales platform.
0
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Consensus

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Consensus Comparisons

Employees
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Competitors of Consensus

Consensus operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vidyard, Hippo Video, walnut, Kaon and PlayPlay, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
A video marketing and analytics platform is provided for businesses.
domain founded_year HQ Location
AI-powered video creation software is provided for enterprises.
domain founded_year HQ Location
Software platform for creating and customizing sales demos is provided.
domain founded_year HQ Location
3D-model builder for manufacturing industry
domain founded_year HQ Location
Platform offering software to create videos
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Consensus

Frequently Asked Questions about Consensus

When was Consensus founded?

Consensus was founded in 2013 and raised its 1st funding round 1 year after it was founded.

Where is Consensus located?

Consensus is headquartered in American Fork, United States. It is registered at American Fork, Utah, United States.

Who is the current CEO of Consensus?

Doug Johnson is the current CEO of Consensus.

Is Consensus a funded company?

Consensus is a funded company, having raised a total of $143.09M across 8 funding rounds to date. The company's 1st funding round was a Series B of $5.19M, raised on Oct 28, 2014.

What does Consensus do?

Consensus is established as a leader in AI-powered demo automation, focusing on buyer enablement through its Product Experience Platform. Solutions are provided for presales, sales, marketing, and customer success teams to shorten sales cycles and improve close rates. Interactive product tours, simulations, and on-demand video demos are offered to engage buyers effectively. The platform integrates with enterprise tech stacks, ensuring security and scalability. Services cater to global go-to-market teams, particularly in the software sector, driving pipeline acceleration and revenue growth.

Who are the top competitors of Consensus?

Consensus's top competitors include Vidyard, Hippo Video and BlueRush.

What products or services does Consensus offer?

Consensus offers Product Experience Platform, Automated Product Simulations, Interactive Product Tours, and On-Demand Video Demos.

How many acquisitions has Consensus made?

Consensus has made 1 acquisition, including ReachSuite.

Who are Consensus's investors?

Consensus has 8 investors. Key investors include CEB Global, Sumeru Equity Partners, RAC, Frazier Group, and Album VC.

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