SaaS startup Everstage raised $30 million in a funding round led by Eight Roads Ventures to automate sales commission processes for companies.

Oct 16, 2024•10 months ago

Amount Raised

$30 Million

New YorkSoftware

Investors

3one4 CapitalElevation CapitalEight Roads Ventures

Description

Everstage, a SaaS startup, secured $30 million in a funding round primarily led by Eight Roads Ventures, with contributions from Elevation Capital and 3one4 Capital. This funding marks the largest raise for the company, bringing its total funding to $45 million.

Company Information

Company

Everstage

Location

New York, New York, United States

About

Everstage is a high growth Enterprise-SaaS company headquartered in New York City. Started in 2020, the company has very quickly made its way up to becoming the highest-rated sales performance solution for enterprises worldwide. Everstage was founded by Siva Rajamani, previously Head of Global Revenue Operations in Freshworks, who was very close to the challenges faced by Operations and Finance teams in managing sales compensation.

Related People

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends