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THRIVE

Helping Businesses Thrive in Sales with a new fully automatic platform that integrates and coordinates different sales tools

Total Cost €

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EC-Contrib. €

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Partnership

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 THRIVE project word cloud

Explore the words cloud of the THRIVE project. It provides you a very rough idea of what is the project "THRIVE" about.

solution    ip    too    sales    company    data    amount    gained    successfully    least    enthusiastic    longer    fulfilling    2025    requiring    launched    initiate    innovation    additional    jong    crms    intelligent    actions    austria    game    vincent    time    team    preparing    base    workforce    look    bridge    1st    seek    length    smes    frustrated    thrive    day    tool    administrative    gap    turnover    goals    detect    wasting    33    track    ceo    slipping    representative    acceleration    million    changing    lives    365    constantly    segment    deals    spend    email    2016    people    entrepreneur    cycle    started    entering    benefit    salesforce    he    building    weren    companies    manually    leads    saas    primary    operations    human    reps    boosting    business    solving    service    market    version    performed    founded    begin    keep    technologies    software    platform    gt    automatic    exchanged    rep    input    gather    roles    generate    first    realised    investing    crm    productivity    platforms    cracks    solutions    acceptance   

Project "THRIVE" data sheet

The following table provides information about the project.

Coordinator
THRIVE FOR EMAIL GMBH 

Organization address
address: KORNSTRASSE 7A
city: LEONDING (LINZ-LAND)
postcode: 4060
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Austria [AT]
 Project website http://www.funnelfox.com
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2019
 Duration (year-month-day) from 2019-02-01   to  2019-05-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    THRIVE FOR EMAIL GMBH AT (LEONDING (LINZ-LAND)) coordinator 50˙000.00

Map

 Project objective

Thrive for Email GmbH (Austria) was founded in 2016, after Vincent Jong (CEO), an enthusiastic entrepreneur with more than 10 years’ experience in Sales and Business Development roles, realised that he and his sales’ team were constantly wasting too much time preparing administrative work during the sales process, and that there weren’t any solutions in the market capable of fully fulfilling this need. He then, started building a team that would begin developing the first version of the THRIVE solution: a fully automatic and intelligent platform, that is able to gather and process information exchanged during the sales process, into the company’s CRMs, without requiring any human input, as well as to detect and initiate next actions to be performed by the sales representative (rep.). With this game-changing solution we seek to help companies and its sales reps. increase their sales, solving the current problems they face in their day-to-day lives: companies are investing more in sales acceleration technologies to bridge the gap between the sales operations and business goals; and sales reps. are frustrated that deals are ‘slipping through the cracks’ as they can no longer keep track of their leads and spend too much time manually entering data into existing sales software. Having successfully launched the 1st version of the platform and gained acceptance of >365 of Salesforce CRM users, we now look to fully enhance the platforms’ capabilities and benefit a wider user base in need of a sales operations’ tool and/or boosting their sales. We consider our primary market segment to be Software as a Service (SaaS)-based SMEs, which amount 20,000 only in Europe. These can benefit from THRIVE by: Increasing Sales reps. Productivity; Reduced sales cycle’s length; Increased number of opportunities. This innovation project is expected to generate new IP and additional €33 million turnover and to increase our workforce to at least 100 people by 2025.

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The information about "THRIVE" are provided by the European Opendata Portal: CORDIS opendata.

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