SetSail raises raises $7M to change how sales teams are compensated

SetSail raises raises $7M to change how sales teams are compensated

3 years ago
Anonymous $qOHwDUKgAF

https://techcrunch.com/2020/07/08/setsail-raises-raises-7m-to-change-how-sales-teams-are-compensated/

Most sales teams earn a commission after a sale closes, but nothing prior to that. Yet there are a variety of signals along the way that indicate the sales process is progressing, and SetSail, a startup from some former Google engineers, is using machine learning to figure out what those signals are, and how to compensate salespeople as they move along the path to a sale, not just after they close the deal.

Today, the startup announced a $7 million investment led by Wing Venture Capital with help from Operator Collective and Team8. Under the terms of the deal, Leyla Seka from Operator will be joining the board. Today’s investment brings the total raised to $11 million, according to the company.