Everstage Raises $30 Million in a Series B Funding

Source: http://www.intelligence360.io/ and https://intelligence360.news/

Everstage, the leading sales performance management software for enterprises worldwide, has announced that it has raised $30 Million in a Series-B funding round led by Eight Roads Ventures, with participation from existing investors, Elevation Capital and 3one4 Capital. This investment brings Everstage’s total funding to $45 million. Since its inception, Everstage has rapidly emerged as a leader in sales compensation, trusted by a growing list of several global Fortune 1000, publicly-listed companies and large enterprises including GrayTV, Wiley, Diligent, Trimble and Paychex.

In a statement Siva Rajamani, Co-founder and CEO of Everstage said, “Our Series B is not just about growth; it’s about a long-term commitment to our customers." “In a market dominated by traditional vendors, we’ve questioned the status quo by offering a modern, strategic approach to sales performance management. This investment will allow us to double down on product innovation and elevate our customer experience with the highest standard of service, unlike anything the market has seen before.” Founded in 2020 by Siva Rajamani and Vivek Suriyamoorthy, Everstage was born out of the founders’ firsthand experience with the challenges of sales compensation management.