OverviewSuggest Edit

Varicent is a software company that develops a platform for sales performance management. It offers incentive compensation management, sales commissions, revenue intelligence, territory and quota planning, and other products. The company caters to high-tech, financial services, insurance, telecommunications, media, and entertainment sectors.
TypePrivate
Founded2003
HQToronto, CA
Websitevaricent.com
Employee Ratings4.1

Latest Updates

Employees (est.) (Apr 2022)684(+3%)
Cybersecurity ratingAMore
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Key People/Management at Varicent

Marc Altshuller

Marc Altshuller

President and Chief Executive Officer
Karoline Chan

Karoline Chan

Chief Human Resources Officer
Neil Whitney

Neil Whitney

Chief Operating Officer
Robert Levine

Robert Levine

Chief Financial Officer
Joel Shapiro

Joel Shapiro

Chief Analytics Officer
Matt Whitney

Matt Whitney

Chief Technical Officer
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Varicent Office Locations

Varicent has an office in Toronto
Toronto, CA (HQ)
4711 Yonge St Suite 300, North York
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Varicent Financials and Metrics

Summary Metrics

Founding Date

2003

Varicent total Funding

$35 m

Varicent latest funding size

$35 m

Time since last funding

13 years ago

Varicent investors

Varicent's latest funding round in October 2009 was reported to be $35 m. In total, Varicent has raised $35 m
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Varicent Operating Metrics

Feb, 2022

Partners

23
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Varicent Acquisitions / Subsidiaries

Company NameDateDeal Size
Concert FinanceAugust 10, 2021
Symon AIJanuary 21, 2020

Varicent Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

SecurityScorecard logo

Varicent Online and Social Media Presence

Embed Graph

Varicent Blogs

Sales Pipeline vs Sales Funnel: Find the Difference | Varicent

Sales pipelines and sales funnels. They're the same thing, right? Well, no, not really. They often get used interchangeably, but they’re both important to a sales team looking to hit target. In this article, we look at what we mean by the te…

Varicent Earns TrustRadius 2022 Top Rated Award

Incentive Compensation Management solution wins in the sales incentive compensation management and sales performance management categories   May 11, 2022 (Toronto, ON) – Varicent, an industry-leading SaaS company that helps businesses fuel revenue growth for themselves and their customers, is proud…

How Digital Transformation is Changing Insurance Industry | Varicent

In the fourth industrial revolution, insurance companies need to evolve to keep up with game-changing best practices—empowering employees with effective tools to generate revenue, including incentive compensation.

What Is Incentive Pay? A Complete Guide | Varicent

Incentive pay is a powerful tool for any executive who wants to focus and motivate their employees and ensure that their business remains a competitive employer. But designing an incentive pay plan needs careful thought. Get it right, and it opens a world of possibilities for your busine…

Why You Should Improve Your Sales Commission Planning | Varicent

For sales managers and business leaders, a sales commission plan is the single most significant lever they can use to influence whether a sales year is successful or not. A sales commission plan is the most effective way of ensuring individual salespeople align themselves fully to the ne…
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Varicent Frequently Asked Questions

  • When was Varicent founded?

    Varicent was founded in 2003.

  • Who are Varicent key executives?

    Varicent's key executives are Marc Altshuller, Karoline Chan and Neil Whitney.

  • How many employees does Varicent have?

    Varicent has 684 employees.

  • Who are Varicent competitors?

    Competitors of Varicent include Battlecard, Autoklose and Optymyze.

  • Where is Varicent headquarters?

    Varicent headquarters is located at 4711 Yonge St Suite 300, North York, Toronto.

  • Where are Varicent offices?

    Varicent has an office in Toronto.

  • How many offices does Varicent have?

    Varicent has 1 office.