How Much Did SetSail Raise?
Funding & Key Investors

SetSail, a San Mateo, California-based software company founded in 2018, has secured significant enterprise-level funding, with a total capital infusion of $33M. The company recently announced a funding round of $0, underscoring its continued growth and market traction in the customer engagement and sales incentive technology sector.

This latest investment follows a Series A round in January 2021, indicating sustained investor confidence in SetSail's platform.

What is SetSail?

SetSail
SoftwareCustomer Engagement Platforms

SetSail operates a platform designed to automate the collection of customer engagement data, enabling businesses to detect progress within their sales cycles and implement financial incentives for sales teams. By providing actionable insights and automated processes, SetSail aims to optimize sales performance and enhance customer relationship management. The company's focus on data-driven sales strategies positions it within the competitive landscape of sales enablement and revenue intelligence software.

How much funding has SetSail raised?

SetSail has raised a total of $33M across 2 funding rounds:

2020

Unspecified

$7M

2021

Series A

$26M

Unspecified (2020): $7M with participation from Wing Venture Capital, Team8, and Operator Collective

Series A (2021): $26M led by Wing Companies, Team8, Insight Partners, and Operator Collective

Key Investors in SetSail

Wing Venture Capital

Wing Venture Capital is an early-stage investor focused on empowering technology advancements in areas such as AI, autonomous apps, and data, providing resources and partnerships to founders.

Team8

Team8 is a company-building venture group specializing in enterprise technology, data, AI, and cybersecurity, leveraging deep domain expertise to create and invest in innovative companies.

Insight Partners

Insight Partners is a global venture capital and private equity firm investing in high-growth technology and software companies, known for its operational support and extensive network.

What's next for SetSail?

With substantial enterprise-level backing, SetSail is poised for accelerated expansion and product development. The company's strategic objective will likely involve scaling its sales and marketing efforts to capture a larger market share, further enhancing its platform's capabilities, and potentially exploring new verticals or integrations. Continued investment suggests a trajectory towards market leadership in automated sales performance management and customer engagement analytics.

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Frequently Asked Questions Regarding SetSail Financial Insights

What are the most recent funding rounds that SetSail has completed, and what were the funding rounds?
SetSail has recently completed 2 funding rounds: Series A on Jan 26, 2021, Unspecified on Jul 8, 2020.
What is the total amount of funding SetSail has raised to date?
SetSail has raised a total of $33M in funding to date.
How many funding rounds has SetSail completed?
SetSail has completed 2 funding rounds.
How much funding did SetSail raise in its most recent funding round?
SetSail raised $26M in its most recent funding round.
Who are the lead investors in SetSail's latest funding round?
The lead investor in SetSail's latest funding round was Wing Companies. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in SetSail's history?
The largest funding round in SetSail's history was $26M.
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