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2024 Revenue

$1.5M(Est.)

Customers

10

Funding

$2.5M

Avg ACV

$148.7K

Team

16

Founded

2013

SalesChoice Revenue & Funding (2024)

SalesChoice generated an estimated $1.5M in annual revenue in 2024. Source: GetLatka estimate

SalesChoice is a Canadian AI SaaS company founded in 2013 by Dr. Cindy Gordon, who serves as CEO. The company analyzes Salesforce datasets to predict sales forecast outcomes and has expanded into behavioral analytics, psychographic profiling, and sentiment mining using natural language processing methods. It targets mid-market and large enterprise customers exclusively, with a focus on the transportation and logistics and broad technology sectors.

As of late 2021, SalesChoice was bootstrapped, funded entirely by Gordon and her family, and was targeting its first external raise of CAD 2 million to 3 million within six to twelve months. The company reported a team of approximately 20 people and a revenue run rate estimated by the host at over 1 million dollars, based on at least 10 enterprise customers at an average contract value of roughly 100,000 dollars annually.

SalesChoice distributes its product through the Salesforce AppExchange and maintains an open API. Named customers include Purolator, a 2 billion dollar company, as well as Rogers, Quartz, Aspen, and RelationEdge. The company has received recognition including the 2018 Digital Transformation Award for AI Disruption and the 2017 Startup Canada Entrepreneurship Award at both regional Ontario and national levels.

Last updated

SalesChoice Revenue

SalesChoice was generating a revenue run rate estimated at over 1 million dollars as of late 2021, a figure the host derived from at least 10 enterprise customers at an average contract value of approximately 100,000 dollars annually. Gordon confirmed the 100,000 dollar average contract value on an annualized basis as the company's current sweet spot, not merely a future target.

SalesChoice Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$400K$800K$1.2M$1.6M2013201520172019202120232024$0$900K$1M$1.5MSource: GetLatka.com interview on Oct 5, 2021 with Cindy Gordon
YearMilestoneSource
2024SalesChoice Hit $1.5m revenue in October 2024Estimated
2023SalesChoice Hit $1m revenue in December 2023Estimated
2021SalesChoice Hit $900k revenue in October 2021Not recorded
2013Launched with $0 revenue

The company is priced at CAD 50 per seat per month. Gordon noted that professional services customization adds some drag to deals given the enterprise focus. SalesChoice has been bootstrapped since founding, funded by Gordon and her family, and has not yet closed an external funding round. Gordon did not provide a specific year-over-year growth rate during the interview. Profitability was not discussed.

Looking ahead, if SalesChoice maintains its current trajectory and closes its planned funding round, the host noted the company could plausibly grow toward 4 million to 5 million dollars in revenue, though no formal projection was provided by Gordon.

SalesChoice Valuation, Funding Rounds

SalesChoice has not publicly disclosed its valuation. The company has raised $2.5M in total funding to date.

SalesChoice has raised $2.5M in total funding across 1 round, most recently a $2.5M Bootstrapped,Raising Now round in 2021.

SalesChoice Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$600K$0.4$1.2M$0.6$1.8M$0.8$2.4M$1$3M201320142015201620172018201920202021Source: GetLatka.com interview on Oct 5, 2021 with Cindy Gordon
YearRoundAmountValuation% SoldSource
2021Bootstrapped,Raising Now$2.5M--Not recorded

Founder / CEO

Cindy Gordon

CEO

Dr. Cindy Gordon is the CEO and Founder of SalesChoice. Before founding the company, she held senior roles at several large organizations, including serving as a partner at Accenture, a general manager at Xerox, and a vice president at Citibank. She also worked as a venture capitalist, experience she said directly informed her decision to bootstrap SalesChoice rather than raise early external capital.

Gordon received the 2017 Sarah Kirke Entrepreneur of the Year award and the 2017 Startup Canada Entrepreneurship Award at both the regional Ontario and national levels. SalesChoice won the 2018 Digital Transformation Award for AI Disruption under her leadership.

Customers

SalesChoice serves at least 10 enterprise customers as of late 2021, based on logos listed publicly on the company website. Gordon declined to disclose the precise customer count, citing the company's private status. Named customers include Purolator, which Gordon described as a 2 billion dollar company and SalesChoice's largest account, as well as Rogers, Quartz, Aspen, and RelationEdge.

The company is priced at CAD 50 per seat per month. Average contract value on an annualized basis is approximately 100,000 dollars, which Gordon confirmed reflects the current customer base rather than a future aspiration. SalesChoice does not offer a free tier and does not target small businesses. The company focuses exclusively on mid-market and large enterprise accounts, particularly in transportation and logistics and the broad technology sector.

SalesChoice serves 10 customers.

SalesChoice Business Model

SalesChoice generates revenue through a per-seat SaaS subscription priced at CAD 50 per month, distributed through the Salesforce AppExchange. The company targets mid-market and large enterprise accounts and does not compete in the small business segment. Average annual contract value is approximately 100,000 dollars. With at least 10 enterprise customers at that average, the host estimated the company's annual run rate at over 1 million dollars as of late 2021, a figure Gordon did not explicitly confirm but did not dispute.

Gordon noted that AI implementations carry some professional services drag due to configuration requirements, model stability work, data drift management, and security auditing. The company's product has expanded from opportunity scoring and forecasting into prescriptive coaching insights and behavioral analytics including psychographic profiling and sentiment mining.

Gross margin, churn, net revenue retention, CAC, LTV, burn rate, and runway were not discussed in the interview. Profitability was not discussed. The company was self-funded at the time of the interview, with Gordon and her family having provided all capital to date.

SalesChoice Employees & Team Size

SalesChoice employed approximately 20 people as of October 2021, a figure Gordon confirmed after the host noted that LinkedIn reported a headcount of 14. Gordon declined to break out the number of engineers specifically, citing privacy concerns for a privately held company. She noted the team had grown past an early stage when engineering resources were minimal, and that retaining engineering talent had been a priority throughout the bootstrap period.

SalesChoice employs approximately 16 people as of 2026, including 3 sales reps that carry a quota. It serves 10 customers that rely on its solutions.

SalesChoice Team GrowthReported headcount over time05101520252013201520172019202120232024001616Source: GetLatka.com interview on Oct 5, 2021 with Cindy Gordon
YearMilestoneSource
2024Reached 16 employees (October 2024)Not recorded
2023Reached 16 employees (December 2023)Not recorded
2022Reached 14 employees (December 2022)Not recorded
2021Reached 20 employees (January 2021)Estimated
2020Reached 11 employees (August 2020)Not recorded

Frequently Asked Questions about SalesChoice

What is SalesChoice's revenue?

As of 2024, SalesChoice generated an estimated $1.5M in annual revenue.

Who founded SalesChoice?

SalesChoice was founded by Cindy Gordon.

When was SalesChoice founded?

SalesChoice was founded in 2013.

Who is the CEO of SalesChoice?

The CEO of SalesChoice is Cindy Gordon.

How much funding does SalesChoice have?

SalesChoice raised $2.5M across 1 round.

How many employees does SalesChoice have?

As of 2024, SalesChoice had 16 employees.

Where is SalesChoice headquartered?

SalesChoice is headquartered in Toronto, Ontario, Canada.

Compare SalesChoice to the industry

SalesChoice operates across multiple industries. Browse revenue, funding, and growth data for SalesChoice in each sector below.

Full Interview Transcripts

SalesChoice Bootstrapped to $1m in ARR on Salesforce, Now Raising $2-3mOct 5, 2021

Read the full interview and its transcript.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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