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