SetSail is an innovative company that has revolutionized how sales people are compensated. The company set out to create a system that pays salespeople based on where they were in their pipeline, rather than paying them a single lump sum after closing the sale. To make this system work they needed data, so they created an extensive data infrastructure that gives 360 degree insights. With this knowledge they had a breakthrough, adding ChatGPT questioning capabilities on top of the sales data.
This new capability allows customers to ask specific questions such zoom which deals are close to closing, which sales people are having trouble closing deals and who’s meeting with an executive decision maker this week. It also shows the power of ChatGPT in writing code, such as SQL queries, which can replace dashboards with interactive conversations on top of the data.
Haggai Levi, SetSail’s co-founder and CEO, said that creating a fair sales compensation system required getting key data out of data silos which turned out being an excellent source for generative AI. Since then, the company has raised almost $50 million, with the recent investment of $11 million led by Zoom Ventures, which itself recently announced Zoom IQ and is well aligned with SetSail’s capabilities.
Haggai Levi is the Chief executive officer and co-founder of SetSail. He is a tech entrepreneur who is known for his ambitious attempts to revolutionize the sales compensation system. He started the company with the goal of providing stable and fair compensation to salespeople and enabling them to take more risks. With the success of their new data infrastructure, the company was able to extend the scope of their vision to ChatGPT questioning capabilities. He is a successful tech entrepreneur with a bright vision about the use of data and AI for making businesses better. He believes that the best way to take advantage of the data and create an innovative system is by merging GPT power with the data infrastructure that SetSail has created.
