"COMP.: Simplifying referral programs, empowering salespeople."
Comp. is a platform that bridges networking and financial services, empowering sales representatives to monetize their referrals, ensuring customers benefit from a trusted network of reps. Fostering peer-to-peer introductions for in-market opportunities, and helping individual contributors amplify their earning potential both within and outside their primary organization.
"COMP. reimagines referral programs by empowering sales reps to benefit from their introductions, accelerating sales cycles and monetizing referrals."
Account Executives BDRs Independent Consultants Sales Leaders Talent/Recruitment
"Sales is challenging with only 47% of reps meeting quotas. They struggle to reach the right buyers amid growing resistance to cold outreach, even as quotas rise unjustifiably. This causes employee burnout, career stagnation, job uncertainty and layoffs."
nearly 50% of sales reps don't reach their monthly quotas, leading to high job insecurity and burnout rates.
"COMP. is a platform connecting Sales Professionals, allowing deal tracking and payment collection through quality referrals, opening new business opportunities."
"COMP. connects Sales Pros, enables commission sharing setup, tracks deals, and processes payments. It enhances income via quality referrals and opens new opportunities."
COMP. connects salespeople to a network of valuable referrals and provides financial incentives, boosting earnings and success rates.
We estimate the market size for which our solution is designed in monetary terms as follows
Is our goal in the next 3 years
My key role is Co-Founder and I'm responsible for setting the company's strategy, building a strong team, securing finances and overseeing operations.
Charlie Patterson - CTO, Dana Baker - CFO, Emma Hayes - Head of Marketing, Josh Porter - HR Director.
Some competitors are Referral Rock with a revenue of $1M, Partnerstack with a B2B focus and revenue of $45M. Additionally, Sasquatch, Spiff which is a commission management platform with $25M in Revenue, Sales Cookie an incentive plan software firm, Tremendous offering loyalty rewards and Talon One promoting for brands.
COMP transforms referrals with simplicity, connection and streamlined processes. It offers robust tracking & payout management while boosting income for sales professionals with minimal effort— a breakthrough in the sales industry.
COMP. offers a Starter tier for free and an expanded Hustle tier at $10/month, with lower commission cut at 1%.
Business strategy solidified, technical documentation finalised, go-to-market strategy executed and market analysis successfully completed. We're diligently progressing with all fronts effectively covering every aspect of our robust planning processes.
Company growth is on an upward trajectory. We have successfully launched, showing positive performance. Our continual innovation and adaptability secure our position in the market and set the stage for future success.
Product metrics: Enhanced user visits per month, free users converted, new paid patrons acquired. Recent monthly recurring revenue (MRR), existing members & their continual funds flow counted. Total non-transactional income measured with sum of referral earnings based on both free and premium customers. Future income sources contemplated.
Our company incorporated in
Delaware
Competition, legal changes, user inactivity & economic factors could impact COMP. Privacy laws, contractual issues, financial regulations and employment laws need careful navigation. Issues might also rise from IP rights, advertising regulations and data security compliance.
$
5000
We raised investments
founders
$
1000000
Currently, we are raising investments
$
500000
Estimated pre-investment valuation of the company
The COMP. Trust Score is a unique ranking system that assigns scores based on the reliability and credibility of referral sources, thereby fostering trust and confidence in the platform's referrals.