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Sales commission platform secures $30m series B
Everstage, a sales performance management platform headquartered in Chennai and New York City, announced Wednesday that it has raised US$30 million in Series B financing led by Eight Roads Ventures, with support from existing investors Elevation Capital and 3one4 Capital.
This funding round increases Everstage’s total capital to US$45 million, positioning the company to accelerate product innovation and improve customer support capabilities.
Since founded in 2020 by Siva Rajamani and Vivek Suriyamoorthy, Everstage has claimed a 300% year-on-year revenue growth and has secured partnerships with various Fortune 1000 companies.
Beyond expanding its capital base, Everstage has fortified its leadership team with the strategic hiring of Kelly McGuire as VP of Customer Success, who was formerly with Glassdoor.
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