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

  • 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

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2mo ago
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ESOPs or RSUs? Which would you choose?

Consider this scenario:

A well established publicly trading company is giving you $45000 (120 units) worth of RSUs, with vesting schedule of 4 years. The work culture seems stressful (asked from ex employees) and they have a 4 day work ...