What is Everidge?
Headquartered in Plymouth, MN, Everidge is a prominent player in the refrigeration solutions market, known for its aggressive national growth strategy and development of innovative products. The company operates manufacturing facilities across multiple US states, including Minnesota, California, Kansas, Virginia, and Tennessee, employing nearly 600 individuals worldwide. Everidge's comprehensive portfolio includes well-regarded brands such as CrownTonka, International Cold Storage, LoTemp Doors, and ThermalRite, showcasing a broad reach within its industry.
How much funding has Everidge raised?
Everidge has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in Everidge
PPP
Public-Private Partnership
What's next for Everidge?
The substantial enterprise-level funding Everidge has attracted, particularly the recent major strategic investment, signals a strong market confidence in its trajectory. This capital infusion is expected to fuel further innovation in refrigeration technology, accelerate the expansion of its product suite, and bolster its national operational footprint. The company's strategic focus on growth and product development, supported by this significant backing, positions it for continued market leadership and potential diversification into adjacent sectors.
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