LeadSquared

LeadSquared

A cloud-based platform providing sales CRM and marketing automation solutions

Founded

2011

Headquarters

Bengaluru (India)

Status

Series C

Company Details

Website

Socials

Email

Phone

+91 - 8046971075

LeadSquared is a SaaS (Software as a Service) company specializing in sales automation, marketing automation, and CRM solutions for high-velocity, high-volume businesses. The company has rapidly evolved from a bootstrapped startup to a global leader in the enterprise tech industry, now serving over 2,000 businesses across more than 40 countrieS.

Core Products and Services

  • Sales CRM: Manage and automate your sales processes, including lead capture, tracking, and sales analytics.

  • Marketing Automation: Automate multi-channel marketing campaigns and lead nurturing for better conversions.

  • Mobile CRM: Access and update sales and lead data on the go with a dedicated mobile app.

  • Self-Serve Portals: Enable customers and partners to access information and complete actions independently.

  • API: Integrate LeadSquared with other tools and platforms using robust APIs.

  • Developer Platform (LAPPS): Build, customize, and extend platform functionality with LeadSquared’s developer tools.

  • Help & Support: Access comprehensive support resources, including documentation, live chat, and phone assistance

  • Healthcare CRM: Specialized CRM solution tailored for healthcare workflows, compliance, and integrations.

  • Healthcare Marketing: Marketing automation designed for healthcare organizations to engage patients and prospects.

  • Education CRM: CRM solution customized for educational institutions to manage student leads and admissions.

Unique Value Proposition

What sets LeadSquared apart is its focus on delivering a unified, customizable platform that streamlines the entire customer acquisition and engagement journey. Unlike many competitors that offer point solutions, LeadSquared provides an all-in-one system tailored for high-velocity sales environments, reducing operational complexity and improving ROI for clients. Its vertical-specific approach allows for deep customization, addressing unique industry pain points and regulatory requirements.

Business Model & Revenue Streams

LeadSquared operates on a subscription-based SaaS model, offering its platform through monthly or annual licenses. Its primary revenue streams include:

  • Subscription Fees: Clients pay recurring fees based on the number of users, contacts, and features required. Multiple tiers are available to accommodate small businesses, mid-market, and large enterprises.

  • Customized Enterprise Solutions: Tailored packages for large clients include advanced integrations, additional features, and personalized support, often at premium pricing.

  • Training and Consulting Services: LeadSquared provides onboarding, training, and ongoing consultation to help clients maximize platform value, with these services billed separately.

  • Premium Support and Add-ons: Additional fees are charged for premium support, faster response times, dedicated account management, and advanced features not included in standard plans.

Customer Segmentation

LeadSquared primarily targets B2B customers, with a strong focus on:

  • Enterprises in education, EdTech, BFSI (banking, financial services, insurance), healthcare, real estate, and hospitality.

  • Mid-market and large organizations with complex, multi-channel sales processes and high lead volumes.

  • The platform is scalable, serving both SMBs and large enterprises, but its verticalized solutions are especially valued by organizations with industry-specific requirements.

Growth Strategy

LeadSquared’s growth strategy is built on several pillars:

  • Vertical Focus: Deep customization for target industries, enabling the company to address specific regulatory, operational, and workflow needs.

  • Product Innovation: Continuous investment in AI-driven analytics, mobile CRM, and automation features to stay ahead of market trends and deliver measurable business value.

  • Global Expansion: Strategic localization and compliance adaptation as it enters new markets, supported by regional offices and partnerships.

  • Ecosystem Partnerships: Building a robust network of resellers, system integrators, and technology partners to accelerate market reach and enable custom deployments.

  • Thought Leadership: Establishing credibility and trust through high-quality content, case studies, and educational resources aimed at sales and marketing professionals.

Conclusion

LeadSquared’s story is one of resilience, innovation, and customer-centricity-qualities that have propelled it from a Bengaluru startup to a global SaaS unicorn. Its robust, scalable business model and commitment to solving real-world sales and marketing challenges make it a compelling partner for enterprises aiming to scale efficiently and intelligently.

Key People

Prashant Singh

Abhishek Kumar Shukla

Prakashan Manikoth

Varun Khullar

Key Metrics

Total Equity Funding

$204 Million

No. of Funding Rounds

10

Latest Funding Round

$153 Million, Series C

as of June 21, 2022

Post Money Valuation

$1 Billion

as of June 21, 2022

Funding Multiple

4.90

as of June 21, 2022

Investors

Gaja Capital

and 3 more

Employee Count

1256

Similar Companies

BrandIdea

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
June 21, 2022Series C$153 Million$1 Billion$29.4 Million25x WestBridge Capital, Gaja Capital, IFC, Stakeboat Capital, Konark Trust, MMPL Trust
December 14, 2020Series B$75 Million$183 Million$19.3 Million-Gaja Capital, IFC,Stakeboat Capital
May 17, 2019Series A$3 Million-$5.1 Million-Stakeboat Capital
June 22, 2017Seed$711 K$13 Million$2 Million- ESAR Associates LLC
April 14, 2016Seed$677 K$7.5 Million$896 K-A K Holdings LLC, BlueOcean Ventures, Bhookanch Business Services
December 16, 2014Seed$430 K$4.1 Million$321 K- Nalashaa, iPragmatech, Pragma Apps & Technologies
November 18, 2013Seed$704 K$3.4 Million-- Walla!, Spin Holdings, Saksoft, DreamOrbit

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