Auctio

company

About

Auctio boosts ROI through generating high-quality leads for sales and marketing teams in enterprise companies.

  • 1 - 10

Details

Last Funding Type
Seed
Last Funding Money Raised
$125K
Industries
B2B,Information Technology,SaaS,Sales,Sales Automation,Software
Founded date
Jan 1, 2014
Number Of Employee
1 - 10
Operating Status
Active

Auctio boosts ROI through generating high-quality leads for sales and marketing teams in enterprise companies. The platform launches and optimizes incentive-based referral and cross-selling programs that engage front-line employees as well as outside influencers in the lead generation process, and motivate them along the way.

Our goal is to assist companies with tapping into an exceptional source of qualified leads to increase revenue and develop new markets. While referrals have been shown to be one of the highest converting sources of leads and 91% of customers say that they'd give referrals, only 11% of sales people ask for them.

Our SaaS marketing platform introduces the right incentives to the right employees and outside influencers in real time to allow them to identify business opportunities and submit qualified leads. The dashboard and analytics tools help Sales & Marketing Managers leverage existing sales and account management activities.

Once leads are submitted and approved, companies follow their regular sales process and employees are compensated for participating in the program for deals that close. ROI is optimized as new leads are generated without incremental spending in advertising dollars.

Auctio is designed to be a strategic, long-term marketing initiative for businesses and a NEW marketing channel for Sales and Marketing teams. Contact us for a demo to see how Auctio can improve your lead gen efforts.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$125K
Auctio has raised a total of $125K in funding over 2 rounds. Their latest funding was raised on Sep 9, 2016 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 9, 2016 Seed $125K 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Auctio is funded by 1 investors. 500 Global are the most recent investors.
Investor Name Lead Investor Funding Round
500 Global Seed