How Much Did Everidge Raise?
Funding & Key Investors

Everidge has solidified its market position through a significant capital infusion, securing a total of $2M to bolster its operational footprint. This recent strategic investment of $2M underscores the company's commitment to scaling its manufacturing capabilities and expanding its diverse portfolio of commercial refrigeration brands. By leveraging this financial backing, the firm is well-positioned to enhance its national growth strategy and maintain its competitive edge in the industrial cooling sector.

What is Everidge?

Everidge
ManufacturingIndustrial Machinery & EquipmentAppliances

Headquartered in Plymouth, Minnesota, Everidge operates as a premier manufacturer of specialized refrigeration solutions. The company maintains a robust infrastructure with facilities spanning across the United States, including locations in Winnebago, Rancho Cucamonga, Andover, Covesville, and Greeneville. With a workforce of nearly 600 employees, Everidge manages a comprehensive family of brands—CrownTonka, International Cold Storage, LoTemp Doors, and ThermalRite—that serve critical needs in cold chain logistics and commercial food service. Their market position is defined by a commitment to engineering excellence and a broad product suite that addresses complex temperature-controlled storage requirements for enterprise-level clients.

How much funding has Everidge raised?

Everidge has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

Key Investors in Everidge

PPP

Public-Private Partnership

What's next for Everidge?

With the recent influx of capital, Everidge is poised to accelerate its operational efficiency and product innovation cycles. The company's forward-looking strategy likely involves optimizing its multi-state manufacturing network to meet rising demand for high-performance cold storage infrastructure. As the firm continues to integrate its various brand assets, the focus will remain on scaling production capacity and refining its supply chain logistics. This phase of development suggests a transition toward deeper market penetration and the potential for further technological advancements in refrigeration, ensuring that Everidge remains a cornerstone provider for industries requiring rigorous temperature management and reliable, large-scale cooling solutions.

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Frequently Asked Questions Regarding Everidge Financial Insights

What are the most recent funding rounds that Everidge has completed, and what were the funding rounds?
Everidge has recently completed 1 funding rounds: Debt on Apr 8, 2020.
What is the total amount of funding Everidge has raised to date?
Everidge has raised a total of $2M in funding to date.
How many funding rounds has Everidge completed?
Everidge has completed 1 funding rounds.
How much funding did Everidge raise in its most recent funding round?
Everidge raised $2M in its most recent funding round.
Who are the lead investors in Everidge's latest funding round?
The lead investor in Everidge's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Everidge's history?
The largest funding round in Everidge's history was $2M.
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