SalesSparx’s Proven GTM Playbook Boosts MphRx Valuation 50%
Overview
MphrX, a healthcare technology company specializing in interoperability solutions, sought to increase its valuation before a planned acquisition. Lacking a cohesive go-to-market (GTM) strategy and struggling to align its global teams, mphrX partnered with SalesSparx to lead a comprehensive transformation. SalesSparx developed a personalized go-to-market strategy, provided training, and created a sales process playbook that enabled mphrX to optimize its sales funnel, align teams, and boost its valuation by 50% before a successful sale to agilon health.
SalesSparx’s Impact on MphRx:
- Boosted valuation by 50% prior to sale to agilon health
- Aligned global sales, marketing, and delivery efforts to reach key milestones
- Enhanced sales funnel performance, from lead generation to closing deals and growing client partnerships
- Increased customer satisfaction, fostering lasting relationships
Hear from
Mahesh Uberoi
CEO, MphRx
The Challenge
Before partnering with SalesSparx, mphrX struggled with fragmented go-to-market efforts and needed more alignment between sales, marketing, and delivery teams. This lack of structure and consistency impacted lead generation, close rates, and the ability to expand customer relationships.
Teams across the USA, Brazil, India, and Singapore operated independently, which affected mphrX’s ability to scale and present a unified message to the market. “We didn’t have a disciplined approach, and it was directly affecting our valuation,” said Mahesh Uberoi, former CEO of mphrX. MphrX needed a global, aligned go-to-market strategy to unify teams, improve sales performance, increase its valuation, and position itself as a desirable acquisition target.
“SalesSparx’s personalized go-to-market strategy has been a game-changer for mphrX, enabling us to increase our valuation by 50%. Their focus on uniting global teams and refining our strategy has continuously set us up for success.”
— Mahesh Uberoi, CEO of mphrX
The Solution
SalesSparx worked closely with mphrX to develop a personalized go-to-market playbook to align sales, marketing, and delivery teams and maximize sales potential. SalesSparx used its Sales FUSE™ process, which focuses on continuously refining the go-to-market strategy through feedback and iterative improvements.
Key elements of the solution included:
- Go-To-Market Playbook Development: SalesSparx collaborated with mphrX’s sales and product marketing teams to create a comprehensive GTM strategy that aligned efforts across all regions. The strategy focused on generating leads, improving close rates, and expanding customer relationships to drive sales growth.
- Focusing and Uniting the Team: SalesSparx helped mphrX set ambitious goals and unite global teams around these objectives, creating a shared vision and empowering teams to execute the GTM plan consistently across markets.
- Iterative Market Strategy: SalesSparx implemented an iterative market strategy emphasizing collecting customer feedback, refining mphrX’s offering, and continuously adjusting the GTM strategy to expand sales and deepen customer relationships.
- Sales Training and Enablement: SalesSparx delivered targeted training to mphrX’s sales teams, refining their skills and ensuring consistent execution of the new GTM strategy across all markets.
“We didn’t have a disciplined approach, and it was directly affecting our valuation.”
— Mahesh Uberoi, CEO of mphrX
Results
SalesSparx’s personalized approach had a transformative impact on mphrX, driving impressive results:
- 50% Increase in Valuation: MphrX achieved a 50% increase in its valuation, primarily driven by improved market positioning and enhanced sales performance. These factors played a key role in mphrX’s successful sale to agilon health.
- Global Team Alignment: SalesSparx’s strategy unified mphrX’s international teams, ensuring a consistent process and shared goals across all regions. “We had people in different geographies, and after working with SalesSparx, they all started marching to the same tune,” said Mahesh Uberoi, CEO of mphrX.
- Improved Customer Satisfaction: By aligning customer expectations with achievable timelines and consistently delivering on promises, mphrX significantly improved customer satisfaction, strengthening long-term relationships.
- Strategic Execution: “I haven’t met anyone doing what the SalesSparx team does with their go-to-market strategy development,” said Mahesh Uberoi. SalesSparx’s ability to blend strategic planning with hands-on execution stood out to mphrX, making them a trusted partner.
SalesSparx’s personalized go-to-market strategy played a major role in increasing mphrX’s valuation and achieving its sale to agilon health. By aligning sales, marketing, and delivery teams and continuously refining their approach, mphrX optimized its sales funnel, improved customer satisfaction, and increased overall market performance.
“I haven’t met anyone doing what the SalesSparx team does with their go-to-market strategy development.”
— Mahesh Uberoi, CEO of mphrX
Unlock Your Market Potential
SALESSPARX SPECIALIZES IN ACCELERATING HEALTHCARE INNOVATION, GTM BEST PRACTICES, OFFERING SALES EXPERTISE, AND TAILORED HEALTHCARE SALES TRAINING.
“We had people in different geographies, and after working with SalesSparx, they all started marching to the same tune.”
— Mahesh Uberoi, CEO of mphrX
