Everstage Raises $1.7 Million in Seed Round

by Kay Aloha Villamor in August 12th, 2021

Everstage a sales commission platform, has raised $1.7 Million in a seed round led by 3One4 Capital. Angel investors included Rippling co-founder Prasanna Sankar; Chargebee co-founders Krish Subramanian and Rajaraman Santhanam; Freshworks chief revenue officer Sidharth Malik; Conga chief technology officer Koti Reddy; Ally.io CEO Vetri Vellore; and RFPIO CEO Ganesh Shankar. 

Company: Everstage

Raised: $1.7M

Round: Seed Round

Funding Month: August 2021

Lead Investors: 3One4 Capital

Additional Investors: Prasanna Sankar, Krish Subramanian, Rajaraman Santhanam, Sidharth Malik, Koti Reddy, Vetri Vellore, and Ganesh Shankar

Company Website: https://www.everstage.com/

Software Category: no-code sales commission automation platform

About the Company: Everstage is a no-code commissions automation platform that removes recurring busywork for your Ops and Finance teams and provides a transparent and gamified incentives experience to your customer-facing teams. Everstage has created more transparency about sales commissions, sales representatives, and other customer-facing employees get real-time data about their performance. They can also use Everstage to forecast the potential commissions from their deals pipeline, giving them an incentive to close more sales. The platform uses a modular system, so as companies grow, they can add more automated commission calculations without coded anything.

Source:https://techcrunch.com/2021/08/11/founded-by-a-freshworks-alum-sales-commission-platform-everstage-gets-1-7m-seed/

 


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