Account Executive, Cacheflow
Automated deal-closing tool
Open for applications
Automated deal-closing tool
21-100 employees
Open for applications
21-100 employees
Company mission
To make the software selling (and buying) experience surprisingly simple and delightful.
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Company mission
To make the software selling (and buying) experience surprisingly simple and delightful.
Few candidates hear
back within 2 weeks
Our take
Although the flexibility afforded by software-as-a-service (SaaS) has been one of the main drivers of its uptake, the buying process for this software can be surprisingly restrictive. Most B2B providers insist on pre-payment on lengthy contracts, and this high up-front cost often causes sales to slow down and stall. Enter Cacheflow, a platform which helps to close sales by allowing customers to pay for services monthly, quarterly or with deferred payments. Think of it as a Klarna for SaaS.
By offering a solution to a persistent problem in the SaaS market, Cacheflow has carved itself out a niche with over a dozen customers, mostly startups in the Series A to C funding range. Its continued success will depend on the ease of its integrations into existing sales processes and its ability to take on the financial risk of non-paying customers purchasing services through its platform. So far its no-code solution and ability to investigate its client's metrics for default risk has been successful but it remains to see if this will scale.
Investors have taken the bet that it will, as Cacheflow has recently raised funding in a seed round. This will be invested into hiring additional talent, further developing its product and expanding its client base, aiming to grow its uptake among larger and more established enterprises in addition to its current customer base.
Kirsty
Company Specialist at Welcome to the Jungle
Company values
- Start with trust: Distrust and doubt cause friction. Always assume good intent
- Dream big: Make obstacles disappear with the belief that we can do great things
- Stay curious: Don’t let fear of failure get in your way. Always be learning
- Be an owner: When something needs changing, you have the power to change it
- Reflect: Get out of your own way and be self-aware
- Work smart and be zen: Create feedback loops early and often to get results with low waste
Funding (2 rounds)
Dec 2022
$10m
EARLY VC
Nov 2021
$6m
SEED
Total funding: $16m
This company has top investors
Leadership
Sarika Garg
(CEO)Previously Chief Strategy Officer at Tradeshift. Before that, they were the Head of Ariba Network and Senior Director/Product Manager at SAP.
Brian Zotter
(CTO)Previously the VP of Engineering at Medium. Before that, they were the Co-Founder and CTO of YesPath, and VP of Technology and Products at Clearstory Data.
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Jobs (5)
Software Engineering
Design
Sales & Account Management