BREAKING: G2 reaches 200M+ annual software buyers after acquiring Capterra, Software Advice & GetApp VALUATION: $1.1B as of the 2021 Series D MILESTONE: 2,000,000+ verified software reviews and counting FOUNDED: Chicago, 2012, by five BigMachines alumni RAISED: $261M across five rounds BREAKING: G2 reaches 200M+ annual software buyers after acquiring Capterra, Software Advice & GetApp VALUATION: $1.1B as of the 2021 Series D MILESTONE: 2,000,000+ verified software reviews and counting FOUNDED: Chicago, 2012, by five BigMachines alumni RAISED: $261M across five rounds
The G2 logo - an orange C-and-2 mark with an arrow pointing up and to the right
The mark that software vendors paste on their own homepages - effectively letting G2 grade their report card in public.
YesPress // Company File

G2.

Yelp for enterprise software, and the enterprise finally needed one.

The world's largest software marketplace, built on one stubborn idea: buyers trust other buyers more than they trust a sales deck.

Software Marketplace Chicago, USA Founded 2012 $1.1B Valuation
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Who they are now

The referee that the whole software industry agreed to obey

A software vendor is sitting in a quarterly review, and the slide everyone wants to see is not revenue. It is the G2 Grid. A four-square chart that plots their product against every competitor by two cold numbers: market presence, and how much real users actually like the thing. Leaders sit top-right. Laggards do not. Nobody in that room voted for G2 to be the judge. They just woke up one day and discovered that buyers were checking the scoreboard before they would take a sales call.

That is G2 today. It is the largest software marketplace on the planet, a place where business buyers research and compare B2B tools the same way the rest of us check reviews before booking a hotel. Free for buyers. Indispensable for vendors. After acquiring Capterra, Software Advice, and GetApp from Gartner in early 2026, the combined network reaches more than 200 million annual software buyers and holds close to 6 million verified reviews. The referee got bigger. The game did not change.

"Why is it easier to get unbiased information about a $100 hotel room than a $100,000 piece of software?" Godard Abel, Co-Founder & CEO - the question that started everything
The problem they saw

Buying software used to mean trusting the people selling it

Back in 2012, buying enterprise software was an act of faith. You read the vendor's own brochure, sat through a demo choreographed to hide the rough edges, called two references the vendor hand-picked, and signed a six-figure contract. Then you found out whether it worked. The asymmetry was almost funny: a tourist had better data on a budget motel than a CIO had on the platform that would run their company for the next decade.

The founders had felt this from the other side. They had built and sold BigMachines, a configure-price-quote company that went to Oracle. They knew exactly how the sausage of a software sale was made, because they had made a lot of it. The pitch deck was always shinier than the product. Buyers had no neutral place to compare notes. The whole market ran on vendor confidence and buyer hope.

Software was the only six-figure purchase you made by trusting the brochure of the person collecting your money. The asymmetry G2 set out to break
The founders' bet

Five people, one ex-company, and a bet on honesty

So in 2012, five BigMachines alumni - Godard Abel, Tim Handorf, Mike Wheeler, Matt Gorniak, and Mark Myers - started a company first called G2 Crowd. The name was a tip of the hat to the wisdom of the crowd. The bet was simple to say and hard to build: if you give real users a trusted place to review the software they actually use, the crowd will produce a more honest picture than any analyst report or sales deck ever could.

The trick was trust. Anonymous reviews are worthless - anyone can astroturf a five-star rave or a one-star hit job. G2's answer was to make reviewers log in with LinkedIn, so the person rating your CRM was a real, identifiable professional with a job title and a company. Reviews got verified. Incentives were modest and disclosed. The result was something the industry had never had: a public, checkable record of what users really thought.

The founding team had already sold one company to Oracle and would later sell another to Salesforce. They did not need to build G2. They wanted to. On why serial founders kept climbing
5
Co-founders
2,000+
Software categories
~600
Employees
$261M
Total raised
The climb, in order

A scoreboard nobody asked for, built one round at a time

G2, year by year

A Chicago startup that grew into a billion-dollar marketplace
2012
Founded in Chicago as G2 Crowd by five BigMachines alumni; beta launches in December.
2014
$2.3M seed from Chicago Ventures and Hyde Park Venture Partners.
2015
$7M Series A led by Pritzker Group Venture Capital.
2017
$30M Series B with Accel and LinkedIn; LinkedIn login powers verified reviewers.
2018
$55M Series C; ranked #179 on Inc.'s Fastest-Growing Companies list.
2021
$157M Series D at a $1.1B valuation, led by Permira, with HubSpot and Salesforce Ventures joining.
2022
Crosses 2 million software reviews.
2026
Acquires Capterra, Software Advice & GetApp from Gartner; reach hits 200M+ annual buyers.
The product

What G2 actually sells (hint: it isn't reviews)

For buyers, G2 is free. You search a category - CRM, help desk, e-signature, take your pick of 2,000+ - and you get verified reviews, side-by-side comparisons, and the famous Grid Reports that rank products by satisfaction and market presence. That part is the public good. It is also the bait.

The business is on the other side. Software vendors pay G2 for enhanced profiles, review-generation tools, and advertising. But the quiet superpower is Buyer Intent: G2 can tell a vendor which companies are browsing their category right now, before a single form gets filled out. It is the difference between fishing and knowing where the fish are. Sellers will pay a lot for that. Increasingly, through G2.ai, the same verified data feeds AI-driven recommendations and answer-engine visibility - so when a buyer asks an AI which tool to pick, G2 wants to be the source it trusts.

Free for buyers

The Marketplace

Verified peer reviews and side-by-side comparisons across 2,000+ software and services categories.

The scoreboard

G2 Grid Reports

Quadrant rankings plotting products by user satisfaction and market presence. Vendors brag about Leader badges.

The money

Buyer Intent

Real-time signals showing sellers which accounts are actively researching their category on G2.

What's next

G2.ai

AI-driven software recommendations built on verified review data, aimed at the age of answer engines.

The proof

The numbers that turned a side bet into a standard

Trust is a hard thing to chart, so G2 charts the next best thing: the reviews that produce it. The volume of verified reviews is the closest thing the platform has to a vital sign, and it has gone in one direction. More reviews mean better rankings, which pull in more buyers, which gives vendors more reason to care, which generates more reviews. The flywheel is not subtle. It is just relentless.

Verified reviews, the flywheel in motion

Approximate cumulative software reviews on G2
2018
~480K
2020
~1.0M
2022
2.0M
2026*
~6.0M combined
*2026 figure reflects the combined network after acquiring Capterra, Software Advice & GetApp. Figures approximate, drawn from G2 and press announcements.

The proof is also in who showed up to invest. HubSpot, Salesforce, and LinkedIn did not just write checks - they wired G2's data into their own products, because intent signals and verified reviews make their sales teams sharper. When the companies you rank are also the companies funding you and integrating you, you have stopped being a directory and become infrastructure.

When the companies you rank are also the companies integrating you, you have stopped being a directory and become plumbing. On G2's place in the go-to-market stack

The file, at a glance

Legal name
G2.com, Inc.
Founded
2012, Chicago, Illinois
CEO
Godard Abel (co-founder)
Headquarters
100 S Wacker Dr, Chicago, IL
Employees
~600
Valuation
$1.1B (2021)
Total funding
$261M across five rounds
Latest round
Series D, $157M, June 2021
Website
g2.com
The mission

Transparency, sold back to an industry that resisted it

G2's stated mission is to bring transparency and authenticity to software buying. That sounds like a poster in a break room until you remember the industry it is aimed at - one that, for decades, ran on the opposite. G2's product is trust, and its customers are the same vendors whose products it ranks. That is either a conflict of interest or a remarkably honest business model, depending on how cynical your morning was.

The company's culture leans on a tidy acronym, PEAK: Performance, Entrepreneurship, Authenticity, Kindness. The interesting word is authenticity, because it is the one G2 has to live or the whole platform collapses. A review site that fakes reviews is worth nothing. The discipline of verification is not a nice-to-have. It is the product.

A review site that fakes reviews is worth exactly nothing. Verification is not a feature at G2. It is the entire asset. Why authenticity is non-negotiable
Why it matters tomorrow

The AI gold rush needs a referee, too

Right now there are more AI tools launching per week than any buyer can evaluate in a year. Every one of them claims to be revolutionary. Most are not. This is exactly the swamp G2 was built to drain, except faster and louder. The question of which software to trust has never been harder, or more valuable to answer.

That is why the Gartner acquisition matters and why G2.ai exists. More verified data means better recommendations, and in a world where buyers increasingly ask an AI instead of a salesperson, the platform with the most trustworthy reviews becomes the source those answer engines cite. G2 spent more than a decade collecting the one thing AI cannot fabricate: the verified opinions of real people who actually used the thing.

So picture that quarterly review again. The slide goes up. The Grid. Top-right or bust. Only now the chart is fed by six million reviews instead of a few thousand, and the buyer in the next meeting is not a person at all but a model, asking which tool earns the hype. The vendor still did not vote for G2 to be the judge. They are just relieved, quietly, that somebody honest is keeping score.