G2 Crowd offers peer-to–peer peer review sites. It has over 20,000 paying customers. BigMachines was the company's former employees who founded the site. The site was launched in May 2012 by the founders with the aim of collecting user reviews for business software. The company has seen rapid growth and popularity since its launch.
G2 is a peer-to-peer review site
G2 Crowd is an online peer-to-peer review site that aggregates customer reviews for business software products. It is a competitor of Gartner's magic quadrant model for reviewing products and helps to identify high-quality, high-ranking services and products. It aims to ensure that reviews are authentic and impartial by preventing fraudsters and employees from competing companies posting reviews.
The site is free to use and does not charge companies to list their products. However, a company can subscribe to use their analytics to see who's buying what, and why. If a company is selling software, it might want to pay G2 to review the product.
It has 20,000+ customers
G2 Crowd is an online peer-to-peer review site for business software. It was founded in 2013 and is headquartered in Chicago. It currently serves more than 20,000 customers. The company has been called "Glassdoor" for its software reviews. It has raised more $30 million from investors like Pritzker Venture Capital and Accel Partners. It plans to expand to 500 employees by 2023.
G2 Crowd continues to be popular and the company is expanding rapidly. It published 75,000 reviews last year, a triple increase from the previous year. It is predicted to publish 225,000 user reviews this year. It grows to meet business users' needs.
It is available in a freemium package
G2 Crowd provides a crowd-sourced marketplace to buy and sell business software. It has strong traction within the $3.7 trillion enterprise software market. It is trusted by big companies such as Nike and Facebook. Jules Maltz, a former employee of the company, has been announced as joining its board of directors.
G2 Crowd makes its money by offering premium services for vendors. Vendors can create premium profiles to showcase their products on the site. This allows them to upload videos to their profile pages. They also get metrics about page views. The company has experienced a rapid growth over the past 16 months. It plans to expand in Europe and Asia.
It offers recurring revenue models
G2 Crowd celebrated the two-year anniversary in April. The site started offering vendor offerings and generated its first revenue. The company raised $2million from its founders. It also recently closed a second Seed Round from Chicago Ventures & Hyde Park Venture Partners. The founders continue to own the majority of the company.
Abel was brought up in Sewickley Pennsylvania. He is currently the chairman of ThreeKit which helps companies create product visuals using cutting edge technologies like virtual photography. He recently moved to San Francisco with his wife. SaaS Mag interview: He discusses his company’s growth plans and how G2 might benefit from smart growing.
It has a conscious cultural identity
The G2 crowd is a conscious community where people are empowered to make an impact and grow together. They strive to foster a culture of freedom and shared humanity. The largest and most trusted marketplace for software in the world, the community has a global presence. Over 60 million people trust each other's peer reviews. There are also thousands of businesses that use the community to grow their reputation and business.
To date, G2 is the recipient of more than $100,000,000 in venture capital. IVP led a recent Series C round to raise $55 Million for G2. Godard Abel, its CEO, has a history in the tech industry and is an entrepreneur. He co-founded and sold two other companies, BigMachines, SteelBrick, that were then acquired by Salesforce.