SaaS firm Everstage raises $13 mn to expand and serve customers worldwide

Series A round was led by Elevation Capital, also saw participation from existing investor 3one4 Capital

Everstage, a Chennai- and Delaware-based SaaS company that provides a modern sales commission management platform, has raised $13 million in Series A from Elevation Capital. The round also saw participation from existing investor 3one4 Capital.

Everstage, which was founded by Siva Rajamani and Vivek Suriyamoorthy, will use the funds to further expand the sales, engineering and solutions teams to serve customers worldwide. The 50-member team is expected to grow 3x by the end of the year.

“We started Everstage because we identified several pain points with the existing legacy sales commission vendors in the market,” said Siva Rajamani, co-founder and CEO of