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Everstage - About the company

Everstage is a series B company based in Wilmington (United States), founded in 2020 by Siva Rajamani and Vivek Suriyamoorthy. It operates as a Platform offering software to manage sales commissions. Everstage has raised $44.7M in funding from investors like Elevation Capital, Eight Roads Ventures and 3one4 Capital, with a current valuation of $*****. The company has 121 active competitors, including 22 funded and 11 that have exited. Its top competitors include companies like Xoxoday, Varicent and CaptivateIQ.

Company Details

Platform offering software to manage sales commissions. It offers a commission automation platform that enables members to calculate sales commissions in real time and track them. It also allows members to manage and track quotas across the organization, get commission insights, and track the teams' performance metrics in real-time.
Social
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Email ID
*****@everstage.com
Registered Address
No.18, South Beach avenue 1st street, MRC Nagar, Chennai, Chennai, Tamil Nadu, India, 600028
Key Metrics
Founded Year
2020
Location
Wilmington, United States
Stage
Series B
Total Funding
$44.7M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Sep 03, 2024
Ranked
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Employee Count
366 as on Aug 31, 2026
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Everstage's funding and investors

Everstage has raised a total funding of $44.7M over 3 rounds. Its first funding round was on Aug 12, 2021. Its latest funding round was a Series B round on Oct 16, 2024 for $*****. 3 investors participated in its latest round. Everstage has 4 institutional investors and 8 angel investors.

Here is the list of recent funding rounds of Everstage:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 16, 2024
2107732
Series B
7770479
9386433
1165767
2992130
Apr 20, 2022
2514120
Series A
9837056
2744871
6068383
Aug 12, 2021
8965275
Seed
6061688
4647388
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Everstage's founders and board of directors

Founder? Claim Profile
The founders of Everstage are Siva Rajamani and Vivek Suriyamoorthy. Siva Rajamani is the CEO of Everstage.
Here are the details of Everstage's key team members:

Everstage's Board of Directors

Everstage's board has 2 active members. Siva Rajamani and Vivek Suriyamoorthy are part of team.
Here is the list of Everstage's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
6y 3m
Team
-
Current
6y 3m

Everstage's employee count trend

Everstage has 366 employees as of Aug 26. Here is Everstage's employee count trend over the years:
Employee count trend for Everstage
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Everstage's Competitors and alternates

Top competitors of Everstage include Xoxoday, Varicent and CaptivateIQ. Here is the list of Top 10 competitors of Everstage, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Xoxoday
Xoxoday
2012, Bengaluru (India), Acquired
Cloud-based platform providing digitized rewards, incentives, loyalty, and payouts solutions for businesses worldwide
$101M
78/100
2nd
Logo for Varicent
Varicent
2003, Toronto (Canada), Acquired
Provider of incentive compensation management solutions for enterprises
$49M
71/100
3rd
Logo for Everstage
Everstage
2020, Wilmington (United States), Series B
Platform offering software to manage sales commissions
$44.7M
70/100
4th
Logo for CaptivateIQ
CaptivateIQ
2017, San Francisco (United States), Series C
Platform offering sales incentive management software
$165M
69/100
5th
Logo for QuotaPath
QuotaPath
2018, Philadelphia (United States), Series B
SaaS-based performance management system for sales professionals
$67.3M
63/100
6th
Logo for Spiff
Spiff
2015, Salt Lake City (United States), Acquired
Compensation and commission management software
$109M
59/100
7th
Logo for Board
Board
1994, Chiasso (Switzerland), Acquired
Cloud-based financial planning and analysis and budgeting solutions for enterprises
$23.8M
57/100
8th
Logo for Performio
Performio
2006, South Melbourne (Australia), Series A
Sales commissions and incentive compensation management software
$75M
56/100
9th
Logo for Monocle
Monocle
2023, New York City (United States), Acquired
Provider of an AI platform personalizing customer interactions across marketing channels
$7.5M
55/100
10th
Logo for Ancora
Ancora
2017, Gurugram (India), Acquired
Provider of performance management solutions for enterprises
-
-
53/100
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Everstage's Investments and acquisitions

Everstage has made no investments or acquisitions yet.

Reports related to Everstage

Here is the latest report on Everstage's sector:

News related to Everstage

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Media has covered Everstage for a total of 2 events in the last 1 year, 1 of them has been about company updates.
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