SetSail - About the company
SetSail is a series A company based in San Mateo (United States), founded in 2018. It operates as an AI-based sales incentive management solution. SetSail has raised $37M in funding from Wing Venture Capital and Insight Partners. The company has 126 active competitors, including 13 funded and 8 that have exited. Its top competitors include companies like Xactly, Amalia and Atrium.
Company Details
SetSail provides sales performance management solutions. The platform calculates account/deal health using the CRM data and communication sentiment, leveraging natural language processing (NLP) techniques. It then surfaces insights that allow reps, managers, and executives to view pipeline health in real-time. Lastly, it rewards sales reps on a weekly basis for making progress on deals. Notable clients include Wayfair and Freckle Education.
- Website
- www.setsail.co/
- Registered Address
- San Mateo
Key Metrics
Founded Year
2018
Location
San Mateo, United States
Stage
Series A
Total Funding
$37M in 3 rounds
Latest Funding Round
Investors
Ranked
7th among 126 active competitors
Employee Count
15 as on Aug 31, 2026
Legal entities associated with SetSail
SetSail is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
SetSail Technologies, Inc CIN: 82-4171720 , United States, Active | Dec 31, 2017 | - | 24 (As on Dec 31, 2020) | - |
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SetSail's funding and investors
SetSail has raised a total funding of $37M over 3 rounds. Its first funding round was on Apr 12, 2019. Its latest funding round was a Series A round on Jan 26, 2021 for $*****. 4 investors participated in its latest round. SetSail has 7 institutional investors.
Here is the list of recent funding rounds of SetSail:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 26, 2021 | 7302108 | Series A | 7101486 | 6867261 | 5343337 | 6901422 |
Jul 08, 2020 | 3951210 | Seed | 6757695 | 5008800 | 6970264 | |
Apr 12, 2019 | 1947935 | Seed | 6253843 | 2060506 | 2636460 |
View details of SetSail's funding rounds and investors
SetSail's founders and board of directors
Founder? Claim ProfileSetSail's employee count trend
SetSail has 15 employees as of Aug 26. Here is SetSail's employee count trend over the years:
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SetSail's Competitors and alternates
Top competitors of SetSail include Xactly, Amalia and Atrium. Here is the list of Top 10 competitors of SetSail, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Xactly 2005, San Jose (United States), Acquired | Provider of intelligent revenue orchestration and sales performance management software | $78.5M | 72/100 | |
2nd | Cloud-based performance management solutions provider | $4.32M | 58/100 | ||
3rd | Atrium 2016, San Francisco (United States), Series A | Platform offering workforce analytics solution | $33.5M | 53/100 | |
4th | Prodoscore 2016, Irvine (United States), Series A | AI based employee productivity tracking tool | $3M | 52/100 | |
5th | Rallyware 2012, San Francisco (United States), Series A | Platform for onboarding, training, and engaging employees | $22.7M | 51/100 | |
6th | Linen 2016, San Francisco (United States), Seed | Cloud-based sales crediting and hierarchy management solutions | $926K | - | 44/100 |
7th | SetSail 2018, San Mateo (United States), Series A | AI-based sales incentive management solution | $37M | 42/100 | |
8th | Xtiva Financial Rockville Centre (United States), Acquired | Developer of cloud software for sales performance and incentive compensation | $10M | 40/100 | |
9th | Geo Sales Manager 2015, Mansoura (Egypt), Unfunded | Workforce tracking software provider for multiple industries | - | - | 40/100 |
10th | Cloud based sales agent management platform | $160K | 36/100 |
Looking for more details on SetSail's competitors? Click here to see the top ones
SetSail's Investments and acquisitions
SetSail has made no investments or acquisitions yet.
Reports related to SetSail
Here is the latest report on SetSail's sector:
News related to SetSail
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Independent Research Firm Names SetSail a Growth Stage Vendor in its “Revenue Operations and Intelligence” CategoryBusiness Wire•Nov 15, 2021•SetSail
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SetSail Releases Calculator Showing an Average ROI of Over 17x on a Revenue Execution PlatformBusiness Wire•Jul 29, 2021•SetSail
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SetSail Debuts New AI-powered Solutions to Help Sales Teams Unlock More Revenue, Hosts First SetSail Voyage Sales KeynoteBusiness Wire•Apr 06, 2021•SetSail
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SetSail Takes Off With $26 Million Series Asvdaily.com•Jan 31, 2021•SetSail, Insight Partners, Wing Venture Capital, Team8 and 1 other
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Setsail Secures $26 Million Series A To Reinvent How Sales Reps Are Motivated And RewardedBusiness Wire•Jan 27, 2021•SetSail, Insight Partners, Wing Venture Capital, Team8 and 1 other
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