Everstage

Wilmington, United States Founded: 2020 • Age: 6 yrs
Software platform for real-time sales commission management is provided.
Annual revenue $3.0M Latest available
Total funding $44.7M 3 rounds
Employees 114 Tracked headcount
Investors 11 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Everstage

Everstage is a company based in Wilmington (United States) founded in 2020 by Siva Rajamani and Vivek Suriyamoorthy. Everstage has raised $44.7 million across 3 funding rounds from investors including 3one4 Capital, Eight Roads Ventures and Elevation Capital. The company has 114 employees as of March 31, 2024. Everstage offers products and services including Sales Commission Automation, Reporting and Analytics, and Payee Experience. Everstage operates in a competitive market with competitors including Xactly, Spiff, Varicent, Atrium and SetSail, among others.

  • Headquarter Wilmington, United States
  • Employees 114 as on 31 Mar, 2024
  • Founders Siva Rajamani, Vivek Suriyamoorthy
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Everstage Technologies Private Limited
  • Date of Incorporation 31 May, 2020
  • Jurisdiction Chennai, Tamil Nadu, India
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.95 M (USD)
    246.8
    as on Mar 31, 2023
  • Net Profit
    $266.08 K (USD)
    402.93
    as on Mar 31, 2023
  • EBITDA
    $571.46 K (USD)
    283.85
    as on Mar 31, 2023
  • Total Equity Funding
    $44.7 M (USD)

    in 3 rounds

  • Latest Funding Round
    $30 M (USD), Series B

    Oct 16, 2024

  • Investors
    3one4 Capital

    & 10 more

  • Employee Count
    114

    as on Mar 31, 2024

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Products & Services of Everstage

Everstage offers a comprehensive portfolio of products and services, including Sales Commission Automation, Reporting and Analytics, and Payee Experience.

Product name locked
Category locked
Primary

Automates commission calculations and payouts for sales teams.

Product name locked
Category locked
Locked

Generates insights on sales performance and budgets.

Product name locked
Category locked
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Enhances visibility of earnings via integrations.

People of Everstage

Headcount 50-200
Employee Profiles 70
Employee Profiles
People
Kevin Peter
GTM
People
Mohan R
Engineering Lead
People
Vengatesh Shanmugam
Engineering Lead
People
Vivek Suriyamoorthy
Co-Founder & CTO

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Funding Insights of Everstage

Everstage has successfully raised a total of $44.7M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in October 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Everstage

Everstage has secured backing from 11 investors, including venture fund and angel investors. Prominent investors backing the company include 3one4 Capital, Eight Roads Ventures and Elevation Capital.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Venture capital investment and global platform support for startups.
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Elevation Capital is focused on early-stage tech investments in India.
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Venture capital investments in technology sectors like SaaS and Fintech in India.
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Investor details for Everstage

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Everstage

Investments
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Investment portfolio details for Everstage

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  • Transaction dates
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Financial Statements - Everstage

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Detailed financials for Everstage

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Everstage Comparisons

Everstage Primary company
Description
Software platform for real-time sales commission management ...
Location
Wilmington, United States
Founded Year
2020
Annual Revenue
$2.95 M (USD)
Net Profit
$266.08 K (USD)
EBITDA
$571.46 K (USD)
Employees
114
As of 2024
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Peer comparison for Everstage

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Competitors of Everstage

Everstage operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Xactly, Spiff, Varicent, Atrium and SetSail, among others.

Company Name Domain Founded year HQ Location Description
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Sales performance management software is provided for enterprises.
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A platform for saving and investing money is provided.
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Incentive compensation and sales performance solutions are provided for enterprises.
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Workforce analytics platform is offered for sales performance monitoring.
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SetSail is recognized as a provider of sales AI and data solutions.
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AI-powered loyalty, rewards, and employee engagement solutions are provided.
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Detailed competitors of Everstage

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Latest news on Everstage

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Complete news archive for Everstage

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Frequently Asked Questions about Everstage

Everstage was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Everstage is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.

Siva Rajamani is the current CEO of Everstage. They have also founded this company.

Everstage is a funded company, having raised a total of $44.7M across 3 funding rounds to date.

As of Mar 31, 2024, the latest employee count at Everstage is 114.

Annual revenue of Everstage is $2.95M as on Mar 31, 2023.

Everstage was founded in 2020 and is based in Wilmington, United States. A commission automation platform is offered to handle sales commissions within organizations. Real-time calculations and tracking of commissions are enabled, along with quota management across teams. Insights into commissions are generated, and performance metrics for teams are monitored in real time. The service operates in the sales performance software sector.

Everstage's top competitors include Xoxoday, Atrium and Xactly.

Everstage offers Sales Commission Automation, Reporting and Analytics, and Payee Experience.

Everstage has 11 investors. Key investors include 3one4 Capital, Eight Roads Ventures, Elevation Capital, Prasanna Sankar, and Rajaraman Santhanam.

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