What is Everstage?
Everstage is a SaaS platform designed to revolutionize Revenue Operations by providing intelligent systems for incentive programs. Founded by Siva Rajamani, who identified a critical gap in driving business outcomes through sales commissions, the company offers solutions that enhance the Return on Investment (ROI) of incentive programs for Operations and Finance teams. Furthermore, it provides commissionable teams with real-time visibility and gamification of earnings, aiming to boost motivation and drive increased business. The company's focus on unlocking revenue-generating potential through sophisticated sales compensation management positions it as a key player in the enterprise software sector.
How much funding has Everstage raised?
Everstage has raised a total of $44.7M across 3 funding rounds:
Angel/Seed
$1.7M
Series A
$13M
Series B
$30M
Angel/Seed (2021): $1.7M with participation from Krish Subramanian, Rajaraman Santhanam, 3one4 Capital, and Prasanna Sankar
Series A (2022): $13M led by Elevation Capital and 3one4 Capital
Series B (2024): $30M supported by Elevation Capital and 3one4 Capital
Key Investors in Everstage
3one4 Capital
3one4 Capital is a venture capital firm focused on supporting early-stage, mission-oriented companies in India that aim for inclusive value creation and sustainable growth. The firm employs a deep-involvement model to help founders navigate market leadership by leveraging consumer insights and growth opportunities.
Elevation Capital
Elevation Capital is a company that operates in the Venture Capital & Private Equity industry. It employs 20 to 49 people and has 5M to 10M of revenue. The company is headquartered in Panathur, Karnataka, India.
What's next for Everstage?
With its recent Series B financing, Everstage is poised for accelerated growth and market expansion. The substantial capital infusion, following earlier Seed and Series A rounds, indicates strong investor confidence in the company's business model and its capacity to scale. This strategic investment will likely fuel further product development, enhance sales and marketing efforts, and potentially support international expansion. Everstage's continued success in securing significant backing suggests a strategic focus on solidifying its leadership position in the competitive Revenue Operations and sales compensation management software landscape.
See full Everstage company page
