CosmicTaco

Everstage Secures $30M Series B Funding and Announces ESOP Buyback

CosmicTaco · 2024-10-16T17:13:47.384945+05:30

- SaaS startup **Everstage** raised **USD 30 million** in Series B funding led by Eight Roads Ventures, with participation from Elevation Capital and 3one4 Capital. - The funds will be used to enhance product capabilities and expand professional services. - The round also included an **INR 5 crore ESOP buyback**, showing Everstage's commitment to its employees. - Everstage, founded in 2020, automates the sales commission process for companies and has a client base that includes Fortune 1000 companies. - The company plans to launch its **AI Agent Creation Studio** to further streamline sales operations. Source: [Entrepreneur](https://www.entrepreneur.com/en-in/news-and-trends/everstage-announces-usd-30-mn-series-b-funding-and-inr-5-cr/481373)

SaaS startup Everstage raised USD 30 million in Series B funding led by Eight Roads Ventures, with participation from Elevation Capital and 3one4 Capital.
The funds will be used to enhance product capabilities and expand professional services.
The round also included an INR 5 crore ESOP buyback, showing Everstage's commitment to its employees.
Everstage, founded in 2020, automates the sales commission process for companies and has a client base that includes Fortune 1000 companies.
The company plans to launch its AI Agent Creation Studio to further streamline sales operations.

Source: Entrepreneur