Everstage Closes Seed Round

Startup company, Everstage, announced today that it has raised a $1.7 million seed round led by 3One4 Capital. Everstage was created to provide more transparency about sales commissions. Sales representatives and other customer-facing employees get real-time data about their performance. They can also use Everstage to forecast the potential commissions from their deals pipeline, giving them incentive to close more sales. Founded in 2020, the platform’s early customers include notable SaaS companies like Chargebee, Postman and Lamdatest. Angel investors included Rippling co-founder Prasanna Sankar; Chargebee co-founders Krish Subramanian and Rajaraman Santhanam; Freshworks chief revenue officer Sidharth Malik; Conga chief technology officer Koti Reddy; Ally.io CEO Vetri Vellore; and RFPIO CEO Ganesh Shankar. The company is headquartered in Wilmington, Delaware, with an office in Chennai, India.