Everstage is a high-growth Enterprise‑SaaS company that provides sales performance management software to large enterprises. Its core product suite includes Crystal, a module that provides real-time commission forecasting for sales representatives, and BI-powered reporting and analytics to drive profitable growth through sales compensation. The company serves multiple industry verticals including technology, manufacturing, and financial services. Everstage is trusted by a growing list of global Fortune 1000, publicly listed companies and large enterprises such as GrayTV, Wiley, Diligent, Trimble and Paychex. Leadership includes CEO Siva Rajamani, co‑founder & CTO Vivek Suriyamoorthy, and Mike Groeneveld, VP of Global Sales. The company plans to use the new funding to expand product capabilities and further invest in its in-house professional services to accelerate time-to-value for customers. Everstage provides a modern sales commissions management platform that automates commission processes and enables reps to forecast potential earnings from their deals pipeline. The company has added features such as instant commissions on Slack, contract management, and gamification of incentives. Customers now span four continents, and over a recent six‑month period the company grew revenue fivefold while customer numbers increased sixfold. Led by CEO Siva Rajamani and CTO Vivek Suriyamoorthy, Everstage targets companies looking to align rep behavior and drive sales performance. The company intends to use the Series A proceeds to expand operations and broaden its business reach. Everstage is a no-code sales commission automation platform that gives sales reps real-time visibility into commissions, forecasting and pipeline-driven incentives. Its modular system lets companies add automated commission calculations as they scale without coding. The product emphasizes gamification—showing quotas, pipeline forecasts and multiplier bonuses—to motivate sales teams and reduce shadow accounting. Early customers include SaaS companies Chargebee, Postman and Lamdatest, and the company says it receives inbound interest from insurance, real estate, pharmaceuticals and biotech. Founded in 2020, Everstage is headquartered in Wilmington, Delaware, with an office in Chennai, India. Financially, the company recently closed a $1.7M seed round to support product growth and go-to-market expansion.

Total raised

$45M

Funding rounds

3

Latest round

Series B

Latest activity

Oct 2024