Gong Valuation, Funding & Investors

Gong is valued at $7.3B as of June 2021.

See full Gong profile

Last Gong valuation

$7.3B

Series E · Jun 2021

Last Gong funding round

$250M

Series E · Jun 2021

Cumulative funding Gong raised

$583M

across 7 funding rounds

Key investors in Gong

  • Norwest
  • Wing Venture Capital
  • Shlomo Kramer
  • NextWorld Capital
  • Sequoia Capital
  • Battery Ventures

Gong Overview

About Gong

Gong is a revenue intelligence platform that records, transcribes, and analyzes sales calls and customer meetings across phone, video, and email channels. The company delivers actionable insights on conversation patterns, deal risks, and coaching opportunities. Serving technology, finance, healthcare, and other sectors, Gong integrates with CRM systems like Salesforce. Tel Aviv-headquartered with US operations, it processes millions of interactions annually for enterprise clients including HubSpot and LinkedIn.


Founded

2015

HQ

United StatesSan Francisco, CA

Website

gong.io

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Valuation

$7.3B (Jun 2021)

Gong Valuation

Gong is currently valued at $7.3B, based on its Series E in June 2021.

The $250M round was led by Putnam Premier IT, with participation from Salesforce Ventures, Sequoia Capital, Tiger Global, Thrive Capital, Coatue and 1 other investor.

Gong's valuation has moved from $7.3B at its Series B in February 2019 to $7.3B in June 2021, across 4 priced rounds.

Gong valuation by funding round

Gong valuation by funding round
DateStageValuation
Jun 2021Series E$7.3B
Aug 2020Series D$2.2B
Dec 2019Series C$750M
Feb 2019Series B$7.3B

Gong Funding History

Gong has raised a total of $583M across 7 funding rounds.

Gong's first fundraising round was a $6M seed round in June 2016. The most recent completed round was a $250M Series E in June 2021.

Gong funding rounds

Gong funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jun 2021Series EPutnam Premier IT (lead); Salesforce Ventures; Sequoia Capital; Tiger Global; Thrive Capital; Coatue; Skip Capital$250M$7.3BGong is a revenue intelligence platform leveraging AI to transform revenue teams by providing data-driven insights from customer interactions to improve sales productivity, forecasting accuracy, and revenue growth. The company analyzes over half a billion customer interactions and serves more than 2,000 customers, including Fortune 20 companies. In its Series E funding round announced on June 3, 2021, Gong raised $250 million at a $7.25 billion valuation, led by Franklin Templeton (noted as Putnam Premier IT in some contexts), with participation from Coatue, Salesforce Ventures, Sequoia, Thrive Capital, and Tiger Global, bringing total funding to $584 million. This funding followed the August 2020 Series D and underscored demand for Gong's solutions amid the shift to remote and hybrid selling, positioning it as essential for revenue leaders adapting to virtual sales environments. The company had expanded to over 550 global employees focused on product innovation, customer success, and market expansion. Gong's platform helps sales teams by replacing opinions with data from AI-powered call capture, insights, forecasting, and playbooks, enabling better pipeline management and customer understanding. CEO Amit Bendov emphasized the necessity of revenue intelligence during remote selling transitions.
Aug 2020Series DCoatue (lead); Salesforce Ventures; Index Ventures; Battery Ventures; NextWorld Capital; Norwest; Sequoia Capital; Thrive Capital; Wing Venture Capital$200M$2.2BGong is a revenue intelligence platform that leverages AI to analyze customer interactions, including emails, calls, and web conferences, helping sales teams identify patterns, reduce churn, and close deals more effectively. The company targets enterprise customers with tools for remote selling, experiencing heightened demand during the 2020 pandemic as sales shifted online. Key clients include Autodesk, HubSpot, LinkedIn, MuleSoft, Outreach, PayPal, Shopify, Slack, Twilio, Zillow, and ZoomInfo, with over 1,100 customers and 64,000 users at the time of the round. On August 12, 2020, Gong raised $200 million in a Series D funding round led by Coatue, with participation from Index Ventures, Salesforce Ventures, Thrive Capital, and existing investors Battery Ventures, NextWorld Capital, Norwest Venture Partners, Sequoia Capital, and Wing Venture Capital. This brought total funding to $334 million and valued the company at $2.2 billion post-money, up from $750 million in the prior December 2019 Series C. The round closed rapidly in 14 days amid strong investor interest, despite unused funds from previous raises, due to surging demand. The funding will support product development, engineering, go-to-market expansion, and hiring around 150 roles in AI, engineering, and data science. Gong reported 2.5X revenue growth year-to-date in 2020, with customer count expanding from 300 to about 1,300, and one source noting income tripled compared to the prior year. It achieved a Net Promoter Score of 72, positioning it as a market leader ahead of competitors in revenue intelligence.
Dec 2019Series CSequoia Capital (lead); Shlomo Kramer; Battery Ventures; NextWorld Capital; Cisco Investments; Norwest; Wing Venture Capital$65M$750MGong is a revenue intelligence platform that uses AI to analyze customer interactions, provide insights, and drive revenue growth for sales teams by capturing conversations and surfacing predictions and actions. Founded in 2015 or 2016, it has raised approximately $584 million in total funding, with rapid valuation increases from $750 million in 2019 to $2.2 billion in 2020 and peaking at $7.25 billion in its last official round. Gong serves over 4,500 customers including Fortune 500 companies across tech, telecom, finance, media, and healthcare, with 1,300 employees worldwide including major offices in Israel, US, and elsewhere. The company has seen secondary talks at lower valuations like $4.5 billion recently, reflecting market shifts, but remains focused on AI revenue operating system expansion.
Feb 2019Series BBattery Ventures (lead); Rob Biederman; Shlomo Kramer; NextWorld Capital; Cisco Investments; Norwest; Wing Venture Capital$40M$7.3BGong is an AI-based revenue intelligence platform that analyzes customer interactions to provide sales teams with insights, improving productivity, forecasting accuracy, and revenue growth. Founded in 2015 by Amit Bendov and Eilon Reshef, the company had raised about $584 million in total funding by recent counts, with its last official primary VC round in July 2019 valuing it at $7.25 billion post-money after a $250 million Series D led by Battery Ventures, with participation from Cisco Investments, NextWorld Capital, Norwest, Rob Biederman, Shlomo Kramer, and Wing Venture Capital. This marked a rapid increase from a $750 million valuation earlier in 2019. Gong serves over 4,500 customers worldwide, including major enterprises across technology, telecom, financial services, media, and healthcare, with 1,300 employees including 380 in Israel. The 2019 round supported expansion following quick valuation jumps from $750M earlier that year to $2.2B in 2020.
Mar 2018Series ACisco Investments (lead)$2M--
Jul 2017Series ANorwest (lead); Shlomo Kramer (lead); NextWorld Capital; Wing Venture Capital$20M-Gong.io, a SaaS company pioneering Conversation Intelligence for sales teams using AI and machine learning to analyze sales calls and provide insights to improve performance, raised $20 million in a Series A1 funding round on July 12, 2017. The round was led by existing investors Norwest Venture Partners and Shlomo Kramer, with participation from new investors Wing Venture Capital and NextWorld Capital. This followed a $6 million seed/Series A round in 2016 also led by Norwest and Kramer. The funding aimed to support rapid growth, hire developers and researchers, and expand sales, marketing, and support activities, as the company had been doubling revenue for four consecutive quarters and was optimizing over $1 billion in pipeline revenue for thousands of salespeople at customers like Act-On, SalesLoft, Sisense, Greenhouse, and Zywave. Gong was recognized as a 2017 Cool Vendor in CRM Sales by Gartner shortly before the round. By early 2019's Series B ($40 million led by Battery Ventures, including the same investors plus Cisco Investments), Gong had grown to 350 customers (up from 100 at end of 2017), near-zero churn, and 120 employees split between San Francisco and Israel. The company positioned itself in a new category of sales conversation analytics, addressing unstructured data from customer interactions to boost conversion rates and ROI, with early traction evidenced by customer expansion and recognition in the whitespace market. Investors highlighted Gong's rapid execution and potential in enterprise sales optimization. Subsequent rounds built on this foundation, with Series C ($65 million in late 2019 led by Sequoia) and beyond focusing on global expansion, AI enhancements, and enterprise customer acquisition including LinkedIn, PayPal, Shopify, Slack, Twilio, and Zillow.
Jun 2016SeedNorwest (lead); Shlomo Kramer$6M--

Who has invested in Gong?

15 investors have backed Gong across its funding rounds, including Norwest, Wing Venture Capital, Shlomo Kramer, NextWorld Capital, Sequoia Capital and Battery Ventures.

Lead investors include Putnam Premier IT, Coatue, Sequoia Capital, Battery Ventures, Cisco Investments and 2 other investors.


Gong Investors

Investors in Gong by funding rounds participated
InvestorHQRoundsRoleFirst check
NorwestUnited StatesSan Francisco, CA5LeadJun 2016
Shlomo KramerIsraelTel Aviv4LeadJun 2016
NextWorld CapitalUnited StatesSan Francisco, CA4ParticipantJul 2017
Wing Venture CapitalUnited StatesSan Francisco, CA4ParticipantJul 2017
Battery VenturesUnited StatesBoston, MA3LeadFeb 2019
Cisco InvestmentsUnited StatesUnited States3LeadMar 2018
Sequoia CapitalUnited StatesSan Francisco, CA3LeadDec 2019
Salesforce VenturesUnited StatesSan Francisco, CA2ParticipantAug 2020
Thrive CapitalUnited StatesNew York City, NY2ParticipantAug 2020
CoatueUnited StatesNew York City, NY2LeadAug 2020
Putnam Premier ITUnited StatesUnited States1LeadJun 2021
Index VenturesUnited KingdomLondon1ParticipantAug 2020
Rob BiedermanUnited StatesBoston, MA1ParticipantFeb 2019

This data is available for Pro users. Sign up to see all 15 Gong investors.

Start Free Trial

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

Acquisitions by Gong

Gong has acquired 3 companies to date.

Last acquisition by Gong was on June 6th 2022. Gong acquired Yobs for undisclosed valuation.


Latest Acquisitions by Gong

Yobs
Vayo
ONDiGO
Description
Yobs is a Tel Aviv-based tool for recording, transcribing, and analyzing Zoom interviews to streamline hiring. Recruiters capture video calls automatically with AI-generated summaries, sentiment analysis, and keyword highlights. The platform scores candidates on skills from responses in tech, sales, and marketing roles. Yobs integrates with ATS like Lever and Greenhouse for report exports. It processes interviews in multiple languages including English, Hebrew, and Spanish.
Vayo is a Tel Aviv-based data platform that unifies customer data from SaaS tools like Salesforce and HubSpot for cross-functional insights. It automates connections to 100+ sources, delivering metrics on churn risk and expansion opportunities in real time. Backed by F2 Venture Capital since 2022, Vayo serves enterprise teams in Europe and North America with dashboards tracking 50 million events daily. The platform shortens decision cycles by integrating billing and usage data.
ONDiGO is a Tel Aviv-based AI platform for sales operations that analyzes trends, sentiment, and engagement metrics to optimize team performance. The tool shortens sales cycles, boosts win rates, and identifies success patterns for B2B teams in software and services industries across Europe and North America.
HQ CountryUnited StatesIsraelUnited States
HQ City
Los Angeles, CA
Tel Aviv
San Francisco, CA
Deal Date6 Jun 20221 Sep 202016 Apr 2018
Valuationundisclosedundisclosedundisclosed
EV/Revenue
EV/EBITDA

This data is available for Pro users. Sign up to see all Gong acquisitions and their M&A valuation multiples.

Start Free Trial

Gong Competitors

Gong competitors include listed companies like SoundHound and Sprout Social, and private ones like Attentive, Talkdesk, Outreach and Nextiva.

Public and private companies comparable to Gong
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
AttentiveUnited StatesHoboken, NJPrivate$125M-$6.9B55.2x
TalkdeskUnited StatesSan Francisco, CAPrivate$230M-$10B43.5x
OutreachUnited StatesSeattle, WAPrivate$125M-$4.4B35.2x
NextivaUnited StatesPhoenix, AZPrivate$250M-$2.7B10.8x
SoundHoundUnited StatesUnited StatesPublicly listed$169M$19M$2.7B11.3x
Sprout SocialUnited StatesUnited StatesPublicly listed$458M($31M)$656M1.2x

Gong Public Comps

Gong is still privately-owned, but its public comps include Zeta Global, Dropbox, Amdocs, NICE, RingCentral, Pegasystems, Tata Communications, Box, Doximity and Klaviyo.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Zeta Global$1.3B$39M5.8x4.5x191.0x20.3x
Dropbox$2.5B$854M4.4x4.4x12.9x9.4x
Amdocs$4.5B$922M1.6x1.5x7.9x6.0x
NICE$2.9B$849M2.1x1.9x7.1x6.3x
RingCentral$2.5B$339M3.0x2.9x22.1x10.5x
Pegasystems$1.7B$294M3.2x3.1x19.2x11.3x
Tata Communications$2.6B$494M2.5x2.4x13.2x12.2x
Box$1.2B$124M4.5x4.3x43.0x13.8x

This data is available for Pro users. Sign up to see all Gong competitors and their valuation data.

Start Free Trial

Common questions about Gong

When was Gong founded?Gong was founded in 2015.
Where is Gong headquartered?Gong is headquartered in San Francisco, CA, United States.
Is Gong publicly listed?No, Gong is a private, VC-backed company.
What is Gong's valuation?Gong was last valued at $7.3B in its Series E in June 2021.
How much funding has Gong raised?Gong has raised $583M across 7 funding rounds.
What was Gong's last funding round?Gong's last funding round was a $250M Series E in June 2021, led by Putnam Premier IT.
Who are Gong's investors?Gong's investors include Norwest, Shlomo Kramer, NextWorld Capital, Wing Venture Capital, Battery Ventures, Cisco Investments, Sequoia Capital, Salesforce Ventures, Thrive Capital, Coatue and 5 others.
Which companies are comparable to Gong?Companies comparable to Gong include Attentive, Talkdesk, Outreach, Nextiva, SoundHound and Sprout Social.
How many companies has Gong acquired?Gong has acquired 3 companies, including Yobs, Vayo and ONDiGO.

See companies similar to Gong

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial