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 and a recent undisclosed amount of $0. This strategic financing underscores the company's progress in automating customer engagement information, detecting sales process advancements, and generating financial incentives for sales teams.

What is SetSail?

SetSail
SoftwareCustomer Engagement Platforms

SetSail operates within the sales technology sector, providing a platform designed to enhance customer engagement and optimize sales team performance. By automatically collecting critical data points related to customer interactions and sales progress, SetSail aims to provide actionable insights and drive financial incentives. The company's focus on automating these processes positions it to address key challenges in sales operations and revenue generation.

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 Operator Collective, Team8, and Wing Venture Capital

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

Key Investors in SetSail

Team8

Team8 is a company-building venture group with deep domain expertise that creates companies and invests in companies specializing in enterprise technology, data, AI and cybersecurity.

Wing Venture Capital

Wing Venture Capital is an early-stage investor and long-term company builder that focuses on equipping founders with resources and unwavering partnerships to develop innovative products.

Insight Partners

GO is a private platform purpose-built for Insight Partners' portfolio company leaders. GO unifies our 500+ software portfolio companies to foster connections, strengthen leadership, expand their brain trust, and provide support as they scale.

What's next for SetSail?

With its recent major enterprise-level funding, SetSail is poised for accelerated growth and market expansion. The capital infusion is expected to fuel further development of its platform, enhance its go-to-market strategy, and potentially broaden its reach into new enterprise segments. The company's trajectory suggests a focus on scaling its operations and solidifying its position as a key player in the sales engagement and incentive management space.

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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 Team8. 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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