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 109 active competitors, including 22 funded and 10 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.
- Website
- www.everstage.com/
- 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
Investors
Ranked
3rd among 109 active competitors
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Employee Count
361 as on Jul 31, 2026
Legal entities associated with Everstage
Everstage is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
EVERSTAGE TECHNOLOGIES PRIVATE LIMITED CIN: U72200TN2020PTC135492 , India, Active | May 31, 2020 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | 243 (As on May 01, 2026) | |
EVERSTAGE INC. CIN: 3034550 , United States, Active | Sep 05, 2020 | - | 5 (As on Dec 31, 2023) | - |
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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 | 2237976 | Series B | 8366675 | 6012459 | 5809603 | 3875907 |
Apr 20, 2022 | 6675138 | Series A | 5422423 | 4222064 | 2861581 | |
Aug 12, 2021 | 4762178 | Seed | 2873190 | 3338993 |
View details of Everstage's funding rounds and investors
Everstage's founders and board of directors
Founder? Claim ProfileThe 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:
- Siva Rajamani: Co-Founder & CEO of Everstage. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address
- Vivek Suriyamoorthy: Co-Founder & CTO of Everstage. Contact Info: 1 email address
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 1m | |
Team | - | Current | 6y 1m |
View details of Everstage's Founder profiles and Board Members
Everstage's employee count trend
Everstage has 361 employees as of Jul 26. Here is Everstage's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of rewards and loyalty platform that enables businesses to run employee engagement, customer loyalty, and incentive programs | $101M | 77/100 | ||
2nd | Provider of incentive compensation management solutions for enterprises | $49M | 71/100 | ||
3rd | Everstage 2020, Wilmington (United States), Series B | Platform offering software to manage sales commissions | $44.7M | 70/100 | |
4th | CaptivateIQ 2017, San Francisco (United States), Series C | Platform offering sales incentive management software | $165M | 69/100 | |
5th | QuotaPath 2018, Philadelphia (United States), Series B | SaaS-based performance management system for sales professionals | $67.3M | 63/100 | |
6th | Board 1994, Chiasso (Switzerland), Acquired | Cloud-based financial planning and analysis and budgeting solutions for enterprises | $23.8M | 61/100 | |
7th | Cloud based ERP software and management solutions for businesses | $8.68M | 59/100 | ||
8th | Spiff 2015, Salt Lake City (United States), Acquired | Compensation and commission management software | $109M | 59/100 | |
9th | Monocle 2023, New York City (United States), Acquired | Provider of an AI platform personalizing customer interactions across marketing channels | $7.5M | 56/100 | |
10th | Provider of performance management solutions for enterprises | - | - | 52/100 |
Looking for more details on Everstage's competitors? Click here to see the top ones
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 geography:
News related to Everstage
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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Everstage Launches CPQ to Transform Quote-to-Commission ConnectionFinancial Post•Oct 09, 2025•Everstage
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Everstage: Top performer in Q1 2025 sales incentive compensation software.Financial Post•Mar 11, 2025•Everstage
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Everstage Featured in Gartner's Market Guide on Sales Performance ManagementBusiness Wire•Jun 06, 2024•Everstage
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Everstage raises $13M Series A to make sales commissions more transparentTechCrunch+•Apr 20, 2022•Everstage, Elevation Capital, 3one4 Capital, HackerRank and 1 other
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SaaS startup Everstage raises US$ 1.7M seed funding led by 3one4 CapitalExpress Computer•Aug 12, 2021•Everstage, 3one4 Capital
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