Fundraising Fox

QuotaPath

Bryn Mawr, US · Founded 2018 · Delaware corporation · 88 employees on LinkedIn · 11 known investors

QuotaPath is an AI-native sales commission tracking and compensation management system that lets teams design, run, and optimize comp plans while connecting incentive decisions to revenue outcomes. It serves Sales, RevOps, and Finance teams, integrating with CRM, ERP, accounting, and payroll systems to automate the end-to-end commission cycle.

Also known as QuotaPath, Inc.

Founders & leadership

QuotaPath was founded in 2018 by Anthony J Bruno, Matthew Cole Evetts, and Eric Heydenberk.

AJ
Anthony J BrunoCo-founder
MC
Matthew Cole EvettsCo-founder
EH
Eric HeydenberkinCo-founder and CTO

Board

CSChristopher Shonk
Christopher ShonkinInvestor & DirectorPartner and Co-Founder at ATX Venture Partners

Investors · 11

Also in the syndicate · 3

existing investorsIntegr8d CapitalIntegr8ted Capital

Reported raises · per SEC filings

Form D private placements

$56.5M disclosed across 3 of 5 rounds · 2018–2022

$34MraisedApr 2022 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Rachel GellerDirector
  • Sri PangulurDirector
  • Anthony J. BrunoExecutive Officer, Director
  • John S. Reale, Jr.Director
  • Matthew Cole EvettsExecutive Officer, Director
Offering amount
$44.2M
Amount sold
$34M
First sale
Apr 2022
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$21.4MraisedJul 2021 · 41 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Rachel GellerDirector
  • John S. Reale, Jr.Director
  • Anthony J. BrunoExecutive Officer, Director
  • Matthew Cole EvettsExecutive Officer, Director
  • Chris ShonkDirector
Offering amount
$21.4M
Amount sold
$21.4M
First sale
Jul 2021
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.1MraisedJun 2018 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Anthony J BrunoExecutive Officer, Director, Promoter
  • Matthew Cole EvettsExecutive Officer, Director, Promoter
  • Christopher ShonkDirector
Offering amount
$1.5M
Amount sold
$1.1M
Proceeds to insiders
$30K
First sale
Jun 2018
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

QuotaPath develops software for designing, running and optimizing sales compensation plans. The platform covers the commission lifecycle: an AI-assisted Plan Builder that can generate a plan structure from an uploaded compensation document or be configured manually with quotas, accelerators and commission rates; commission management features such as payout eligibility rules, dispute resolution, period locking for audit trails and tiered approval workflows for reps, managers, executives and finance; and compensation analytics that report attainment distribution, payout efficiency and pay-for-performance alignment. A collaborative brief workspace lets sales, RevOps and finance teams review models, comment on decision points and track sign-off in one place.

The product ingests data from CRM, ERP, accounting and data warehouse systems, and a Rippling integration extends the cycle through payroll. Earlier company materials describe native integrations with Salesforce, HubSpot and Close.com, and the ability to reconcile revenue data held outside the CRM in spreadsheets, QuickBooks or NetSuite so that the platform acts as the source of truth for rep payouts. The company also positions itself as a partner on compensation plan strategy and design, publishing comp guides and benchmark reports drawn from its consultations and platform data.

QuotaPath markets an AI layer branded Atlas, described as an "AI Revenue Strategist," which benchmarks OTE, pay mix and quota-to-OTE ratios against market data, models capacity and territory coverage, and draws on plans held in QuotaPath to recommend and pressure-test plan changes before they go live.

Founding story

CEO AJ Bruno previously founded TrendKite, a public relations measurement platform acquired by Cision in 2019 for $225 million. While scaling TrendKite's sales team, Bruno and colleagues had difficulty adopting the sales compensation software available at the time. In 2018 Bruno, Eric Heydenberk and Cole Evetts launched QuotaPath to let salespeople calculate commissions and track quota progress, spending roughly two years developing the product before broad commercialization.

Business model

Software-as-a-service sold to companies that pay variable compensation, with a free trial and self-service entry point alongside a "Talk to Sales" motion. Investors and press described QuotaPath as operating a product-led-growth sales motion, and the company has stated customers do not pay extra for dedicated support.

Paid subscriptions to the compensation management platform, with a free trial; the company reported 335% growth in paid users in the eight months following its Series A and a 480% year-over-year revenue increase as of April 2022.

Traction

As of July 2021 the company reported more than 6,000 users, an NPS above 75 and 600% revenue growth in 2021. By April 2022 it reported 335% growth in paid users and 480% year-over-year revenue growth since the Series A, headcount rising from about 20 to nearly 70, and customer-reported savings averaging 17 hours per commission payout cycle. Built In Austin described tens of thousands of users of the software.

Latest developments

The company's current positioning centers on an AI-native commission system: an AI-powered Plan Builder that generates plan structures from uploaded comp documents, an AI comp strategist that analyzes attainment distribution, payout efficiency and pay-for-performance alignment, and Atlas, marketed as an AI Revenue Strategist for benchmarking OTE, pay mix and quota-to-OTE ratios. A Rippling integration automates payroll to close the end-to-end commission cycle. Published customer stories include Zapier, AirDNA, Birdie, Keen, ECP, Rentvine and 86 Repairs.

Full profile — market position, technology, go-to-market, geography, history

Market position

Positioned as a commission tracking and compensation management vendor competing with tools such as Everstage and Spiff, from which it cites customer switches. Tribe Capital described QuotaPath at the time of the Series B as the only major player in the category with a product-led-growth sales motion. G2 named it a top 50 sales product in 2021.

The company emphasizes an end-to-end incentives engine linking plan design, commission execution and payroll, connected data pulled from CRM, ERP, accounting and warehouse systems, and proprietary benchmarks derived from comp plans on the platform. It contrasts this with spreadsheets and ad hoc or AI-generated commission calculators, arguing that auditable, accurate payouts require a dedicated system of record. Other stated differentiators include quick onboarding, custom plan building without formulas and included dedicated support.

Technology

A commission system of record that sits between CRM, finance systems and payroll, with self-service integrations to CRM, ERP, accounting and data warehouse platforms (including Salesforce, HubSpot and Close.com) and payroll via Rippling. Configurable payout rules, period data locking for audit trails and approval workflows support accuracy and auditability. AI components generate plan structures from documents, analyze plan performance and benchmark plans against data drawn from tens of thousands of comp plans in the platform.

Go-to-market

Product-led growth with free trial sign-up, complemented by direct sales, an ecosystem of integration and channel partners, and content marketing including comp plan guides, benchmark reports, customer stories and a press kit. The company has a VP of Partnerships and states plans to build a partner ecosystem spanning CRM, ERP and payroll software.

Sales, RevOps and finance teams at companies paying variable compensation, ranging from small sales teams to scaling and larger organizations with complex plans. Named customers include Zapier, AirDNA, Birdie, Keen, ECP, Rentvine and 86 Repairs.

Geography

Co-headquartered in Philadelphia, Pennsylvania and Austin, Texas, with a remote workforce adopted during COVID and stated plans to expand its global team.

History

Founded in 2018 by AJ Bruno, Eric Heydenberk and Cole Evetts, the company announced a $3.5 million round about ten months after inception in March 2019, following a complete application redesign. A $21.3 million Series A led by Insight Partners followed in July 2021, by which point QuotaPath had built native integrations with Salesforce, HubSpot and Close.com, hired more than 25 people and reported over 6,000 users. In April 2022 the company raised a $41 million Series B led by Tribe Capital, bringing reported total funding to $67.3 million, having grown headcount from about 20 to nearly 70. The product has since been repositioned around an AI-native incentives engine and the Atlas AI revenue strategist.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Average time saved per rep in running commissions monthlyJul 202160 minutes
Average time saved running commission payoutsApr 202217 hours
EmployeesApr 202270 people
Net Promoter ScoreJul 202175 NPS
Paid user growth since Series AApr 2022335%
Revenue growthJul 2021600%
Total funding raisedApr 2022$67.3M
UsersJul 20216,000 users
Year-over-year revenue growthApr 2022480%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 8

by search overlap
Everstage1225 shared keywordsEverstage is a sales compensation and commissions management platform that lets Ops teams build and adjust commission plans, gives Finance an audit trail with ASC 606-ready reporting and accurate payout calculations, and lets sales reps forecast earnings from live pipeline. It also offers add-on planning tools for territories and quotas, serving enterprise revenue, finance, and sales operations teams.
CaptivateIQ1153 shared keywordsCaptivateIQ provides a modern platform for automating commission and compensation management, helping companies align incentives with revenue outcomes. The platform serves sales-driven organizations looking to improve ROI on incentive programs and support sales rep motivation and performance.
Remuner1137 shared keywordsRemuner offers a platform for designing, managing, and automating variable compensation and incentive plans, including commission calculations, approval workflows, and performance dashboards. It targets sales and finance teams with tools for gamified challenges, earning simulations, and centralized team access to incentive information.
Xactly888 shared keywordsXactly provides an intelligent revenue platform for sales teams that combines sales compensation, planning, forecasting, and territory management capabilities. The platform serves sales organizations looking to optimize revenue outcomes through integrated tools and motivation.
Pipedrive790 shared keywordsPipedrive is a cloud-based customer relationship management (CRM) platform designed for small and medium-sized businesses to manage sales pipelines, track leads, and automate sales processes. The platform provides visual sales funnel management, email marketing integration, customer tracking, and reporting tools to help sales teams close more deals efficiently.
Zendesk683 shared keywordsThis is Zendesk's internal belonging/diversity and inclusion program page, not a company profile page for an external company. It describes Zendesk's internal culture initiatives and leadership development programs.
Forma AI597 shared keywordsForma.ai provides a sales performance management (SPM) system that helps enterprise organizations manage sales compensation, planning, and performance data in a unified platform. The product enables complex go-to-market operations by integrating sales comp, planning, and analytics to optimize revenue growth.
DealHub595 shared keywordsDealHub provides a revenue platform that manages sales engagement touchpoints to improve buyer experience and sales team efficiency.

Companies competing with QuotaPath for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 5

launches, deals, and filings
Apr 2022
QuotaPath raises $41M Series B led by Tribe Capital

Series B round led by Tribe Capital with participation from existing investors Insight Partners, ATX Venture Partners, Stage 2 Capital and Integr8d Capital; proceeds earmarked for global team expansion, technical strategy and product portfolio expansion. Coverage put total funding at $67.3 million.

$41M source ↗

Jul 2021
QuotaPath raises $21.3M Series A led by Insight Partners

Series A round led by Insight Partners with participation from Stage 2 Capital, HubSpot Ventures, Integr8ted Capital and ATX Venture Partners, plus roughly 50 revenue leaders as investors and advisors.

$21.3M source ↗

Jan 2021
Named to G2 top 50 sales products and Philadelphia's Best Places to Work

G2 named QuotaPath a top 50 sales product in 2021, and the company was included on Philadelphia's Best Places to Work list.

source ↗

Mar 2019
QuotaPath raises $3.5M round led by existing investors

About 10 months after inception, QuotaPath announced its second round of funding, $3.5 million, led by all of its then-current investors. At the time roughly 80% of the company worked in engineering or product roles and the product was offered free.

$3.5M source ↗

Mar 2019
Complete redesign of the QuotaPath application

Redesigned application addressing mobile users (~10% of traffic), changing quotas (23% of plans) and shared quotas (8% of plans), with a per-deal breakdown view and in-product live chat via Intercom.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
QuotaPathDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does QuotaPath do?
QuotaPath makes sales commission tracking and compensation management software for sales, RevOps and finance teams.
Who founded QuotaPath?
QuotaPath was founded by Anthony J Bruno, Matthew Cole Evetts, Eric Heydenberk in 2018.
Who are QuotaPath's investors?
QuotaPath's investors include ATX Venture Partners, Frontera Technology Ventures, HubSpot Ventures, Stage 2 Capital, Urban Capital Network, ATX Seed Ventures, Insight Partners, Tribe Capital Firstlook.
How much funding has QuotaPath raised?
QuotaPath has disclosed $56.5M raised across 3 of its 5 known rounds.
Where is QuotaPath headquartered?
QuotaPath is headquartered in Bryn Mawr, US.