Everstage, a Wilmington, Delaware-based SaaS company that helps companies drive the performance of their customer-facing teams through a no-code sales commission automation platform, raised $13 million in Series A funding.
The round was led by Elevation Capital, with participation from existing investor 3one4 Capital.
The startup plans to use the funding to further expand its sales, engineering, and solutions teams to serve customers worldwide.
Company: Everstage Inc.
Round: Series A
Funding Month: April 2022
Lead Investors: Elevation Capital
Additional Investors: 3one4 Capital
Company Website: https://www.everstage.com/
Software Category: no-code Sales Commission Automation
About the Company: Founded in 2020 by Siva Rajamani and Vivek Suriyamoorthy, 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 helps companies drive the performance of their customer-facing teams through a no-code sales commission automation platform. Everstage claims to have grown by 5X in revenue and 6X in customer base. At present, it has customers across four continents including the likes of Chargebee, Postman, Nitro, Hackerrank, and Clevertap.