New York, 13 October, 2021 - Pipedrive, the leading CRM for sales and marketing teams, announced today that the company has been named as the top ICT company of 2021 in Estonia. The nomination was awarded by Äripäev, a Bonnier Group company and the leading business & finance publication in Estonia.
Pipedrive was named the top ICT company in Estonia, followed by ITM Trade and Twilio. “Over the past 11 years, Pipedrive has been growing from a single sales pipeline tool to a full lead-to-customer business platform. This has been possible only thanks to our dedicated and driven team working every single day in the name of the business success stories of Pipedrive’s customers. I am thrilled for this nomination - it is a true recognition for the whole team. It has been an exciting journey and we are currently working on the next developments that our customers can benefit from,” said Martti Kuldma, VP of Engineering, Pipedrive.
“The main challenge growing as a company lies in the talent pool. Even before the global pandemic, the competition for the best IT talent in Estonia was heavy and the growth of digitization has only increased it. Despite having a small population of 1.3M people, Estonia has the highest concentration of unicorns in Europe - 7 startups are valued at over $1B. That adds to the competition for talent. Luckily, there are great educational initiatives for popularizing technical fields in Estonia that Pipedrive also supports, like the Government led program Choose-IT as well as Code/ Jõhvi, a unique coding school that instead of having teachers and classrooms, focuses on independent project-based learning. We are also currently collaborating with the Estonian Government to expand the rules of the Estonian Startup Visa for established IT companies like Pipedrive to lower the bar for skilled professionals relocating to Estonia and contributing to our success story,” added Kuldma.
The top list is based on the legal and statistical data of businesses operating in Estonia. The companies were ranked on the basis of six indicators, including sales revenue of 2020, the growth of sales revenue compared to 2019, the profit before taxes in 2020, the growth of profit compared to 2019, the profitability of the company in 2020, and the value added to the company per employee in 2020. Pipedrive was ranked as Estonia’s top ICT company, followed by ITM Trade and Twilio.
Founded in 2010, Pipedrive is the first CRM platform developed from the salesperson's point of view. Today, Pipedrive is used by sales teams at more than 95,000 companies worldwide. Pipedrive is headquartered in New York and has offices across Europe and in the US. The company is backed by a majority holder Vista Equity Partners, and Bessemer Venture Partners, Insight Partners, Atomico, DTCP, and Rembrandt Venture Partners. Learn more at www.pipedrive.com.