What is SetSail?
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:
Unspecified
$7M
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.
See full SetSail company page