Discover more about Qobra's story

Two-thirds of sales people fail to meet their annual sales targets (Aberdeen Group study[1]); Excel spreadsheets still rule. Too many companies are still allocating sales commission manually; Two-thirds B2B companies say that the productivity of their sales teams is their number one challenge (Bridge Group report).

Faced with a shortage of salespeople in France, and complex, time-consuming variable compensation management, startup Qobra has developed a solution to simplify this process. One year after a seed financing round of 5 million euros, Qobra announces a new round of financing of 10 million euros from Singular, with the participation of the English group Revenue Syndicate and its historical investor Breega.

Following a 5 million euro seed round in 2022, Qobra has closed a 10 million euro Series A round. The start-up, which has developed SaaS software to manage variable compensation for sales reps, intends to set its sights on the UK, with the opening of an office in the London capital in early 2024.

Abandon Excel files and switch to a modern solution: that's what Qobra, a specialist in variable compensation for sales staff, is offering. This French start-up, founded in 2020, announced on October 3 that it had raised €8 million, plus €2 million in debt, from Singular, Breega and Syndicate Revenue.

French startup Qobra announced a €10 million Series A funding round led by Singular with the participation of the UK investment group Revenue Syndicate and existing investor Breega.

French startup Qobra has raised a $10.5 million Series A funding round (€10 million) led by Singular with Revenue Syndicate and existing investor Breega also participating. Qobra helps businesses manage sales compensation so that managers don’t have to use Excel spreadsheets for this pesky task.

Qobra has announced a new round of funding to improve the management of variable compensation for sales staff. The company aims to prove itself in the UK, before targeting the US market.

Qobra, the start-up behind a software program for calculating variable remuneration for sales staff, has raised 5 million euros.

Qobra has developed SaaS software to automate the calculation of salespeople's commissions. The company has just completed a €5 million seed financing round to expand its team and accelerate its development in France and abroad.