Business Overview

Feb 2018
Date Founded
Active
Operating Status
Revenue Generating
Revenue Stage
B2B
Business Model
41
Employees

At SetSail, we’re on a mission to unlock sales teams’ potential by rewarding what matters. By hacking the psychology of selling and transforming complex data sets into simple, user-friendly insights, we empower revenue organizations to deliver extraordinary results. Companies like Wayfair and Freckle Education trust SetSail to accelerate their sales pipeline, flexibly drive strategic priorities, and empower sales reps and managers with machine-learning driven insights and incentives.

Business Stage
Launched
Sectors

Founders

SetSail
Haggai Levi
CEO
SetSail
Majed Itani
CTO
SetSail
Bert Lui
CPO

Board Members and Advisors

SetSail
Sarit Firon
Board Member
SetSail
Zachary DeWitt
Board Observer
SetSail
Giles House
Advisor

Funding Rounds

$37 M

Total Funding

2

Funding Rounds
3.71x
Funding Growth

New wpDataTable

Date Announced

Funding Round

Amount Raised

Investors

AI Technology Stack

5
AI Team Size
Vertical AI
AI Application
AI Description

While traditional sales compensation systems are built around periodic (often quarterly) commission payouts, machine learning-driven incentives reward true progress in real-time. The underlying machine learning technology predicts the likelihood of a deal to close; as the deal moves forward and that likelihood increases, the sales rep is rewarded. This approach motivates sales reps to work on the longer-term, often riskier, deals that are highly valuable to the business, without the usual skew towards the safest or “closest to the money” deals.

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Startup Snapshot

Operating Status
Active
AI Team Size
5
Total Funding
$37 Million
Founded
February 2018
Funding Stage
Series A
Time Since Last Funding Round
5 months

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