Business Development, Spruce

B2B

Salary not provided
Senior level
Remote in US

More information about location

Spruce

Digital credential management platform

Job no longer available

Spruce

Digital credential management platform

21-100 employees

B2BEnterpriseSaaSCyber SecurityBlockchainIdentityWeb 3.0

Job no longer available

Salary not provided
Senior level
Remote in US

More information about location

21-100 employees

B2BEnterpriseSaaSCyber SecurityBlockchainIdentityWeb 3.0

Company mission

Spruce's mission is to empower organizations to manage the entire lifecycle of digital credentials.

Role

Who you are

  • Minimum 3 years of demonstrated success in Sales or BD (or similar GTM role) at a fast-growing, early-stage startup
  • Minimum 5 years of technology full lifecycle (prospecting to close) Sales or BD experience
  • Experience working in or deeply familiar with one of the following industries: Financial Services, Payments, Healthcare Tech, or Retail Tech
  • Expert at communicating new ideas and technical concepts to broad audiences with the ability to tailor explanations to specific groups
  • Familiarity with product management frameworks and effective collaborator with Product teams
  • Fluency in English

Desirable

  • Experience working in the identity verification (IDV) space
  • Working understanding of the identity industry and/or relevant technologies to digital verifiable credentials, including ISO mDLs and W3C VCs

What the job involves

  • We are hiring a business development wizard to own relationship management across partners and prospects to drive SpruceID business development, including both net-new and expansion opportunities
  • They will proactively capitalize on their own and the SpruceID network to target opportunities across private companies, large and small (including both enterprises and startups), to optimize our GTM efforts aligned with product strategy
  • This role will also synthesize market learnings to inform our product development, thought leadership, and overall brand positioning
  • Craft BD strategies to develop the relying party ecosystem for verifiable digital credentials, across industries such as Healthcare, Financial Services, Payments, Education, Retail, and Telcos
  • Collaborate with SpruceID investor and consultant network to drive BD strategy
  • Manage outreach campaigns and build relationships with relevant audiences
  • Identify and close small, quick wins while simultaneously managing extended, complex sales cycles
  • Collaborate with Product team to identify and articulate relevant use cases and product pitches
  • Monitors emerging market trends to inform Business Development and Product strategies
  • Drive the full opportunity lifecycle from a relationship management perspective with high accountability

Otta's take

Sam Franklin headshot

Sam Franklin

CEO of Otta

Keeping control over your identity online is becoming increasingly difficult. Spruce is setting out to combat this by leveraging the power of blockchain. The company's main target is allowing users to sign in online using their Ethereum account instead of a traditional intermediary. This offers increased privacy and ownership for users.

Spruce is one of a raft of new companies looking to leverage the power of blockchain to improve consumers' privacy and autonomy online, which means there is no shortage of competitors in the space. That said, its funding success, integration capabilities and backing has given it an important edge, and these factors stand strong as promises of its future potential.

Insights

Top investors

Few candidates hear
back within 2 weeks

Company

Funding (2 rounds)

Apr 2022

$34m

SERIES A

Nov 2021

$7.5m

EARLY VC

Total funding: $41.5m

Company HQ

Civic Center, New York, NY

Founders

A Y Combinator alum who was Director of Product Management at ConsenSys, and Proprietor of WYC Technology.

Previously worked as a Product Strategist at Augmate and was Business Operation Manager at ConsenSys. Was Product Manager at TQ Tezos.

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