What is Everactive?
Founded in 2012 and headquartered in Santa Clara, California, Everactive specializes in the design and deployment of self-powered Internet of Things (IoT) systems. The company's core value proposition lies in its ability to harvest energy from the environment, eliminating the need for battery replacements in remote or inaccessible industrial locations. This technological edge positions Everactive as a critical infrastructure provider for the Industrial Internet of Things (IIoT) market, where reliability and low-maintenance operations are paramount for operational efficiency and predictive maintenance strategies.
How much funding has Everactive raised?
Everactive has raised a total of $122.8M across 6 funding rounds:
Series A
$5.3M
Series B
$16.5M
Other Financing Round
$30M
Debt
$1M
Series C
$35M
Unspecified
$35M
Series A (2014): $5.3M with participation from OUP (Osage University Partners), New Enterprise Associates, University of Michigan Investment in New Technologies Fund, and Jaffray Woodriff
Series B (2015): $16.5M led by New Enterprise Associates, Michigan Investment in New Technologies Fund, and Osage University Partners
Other Financing Round (2018): $30M supported by Future Fund
Debt (2020): $1M featuring PPP
Series C (2020): $35M backed by Fluke Corporation
Unspecified (2021): $35M with participation from Fluke Corporation and 40 North Ventures
Key Investors in Everactive
New Enterprise Associates
Established in 1977 and headquartered in Menlo Park, California, New Enterprise Associates is a venture capital firm focused on helping entrepreneurs build businesses.
Osage University Partners
Osage Venture Partners is a Philadelphia-based venture capital firm that specializes in investing in early-stage B2B software companies on the East Coast.
Future Fund
Future Fund was established in 2006 to invest for the benefit of future generations of Australians, managing public sector superannuation liabilities.
What's next for Everactive?
With the recent influx of capital, Everactive is well-positioned to scale its manufacturing capabilities and expand its footprint within the global industrial automation sector. The strategic involvement of corporate partners suggests a focus on deepening integration within existing industrial workflows, potentially targeting sectors such as manufacturing, energy, and facility management. As the company moves into its next phase of development, the focus will likely shift toward broadening its product ecosystem and enhancing the data analytics capabilities of its sensor platforms to provide deeper actionable insights for enterprise clients. The sustained interest from institutional investors indicates a strong market appetite for sustainable, long-term IoT solutions that reduce operational overhead while increasing asset visibility.
See full Everactive company page
