What is Everwise?
Everwise operates as a unique enterprise software solution designed to connect employees with the essential people, content, and tools required for career success at every stage. Its platform addresses critical business challenges by facilitating more continuous and collaborative versions of existing training programs for both employees and managers. Notable clients include industry leaders such as Apple, Nissan, Salesforce, Genentech, Microsoft, Visa, and Lyft. Common applications for Everwise's technology include streamlining new hire onboarding, enhancing front-line manager training, and advancing women in leadership roles.
How much funding has Everwise raised?
Everwise has raised a total of $29M across 5 funding rounds:
Other Financing Round
$850K
Angel/Seed
$2.6M
Other Financing Round
$1.5M
Series A
$8M
Series B
$16M
Other Financing Round (2012): $850K with participation from Webb Investment Funding
Angel/Seed (2013): $2.6M led by Ironfire Capital and Webb Investment Funding
Other Financing Round (2013): $1.5M supported by Webb Investment Funding, Justin Byers, Andre Haddad, Alok Bhanot, Scott McNealy, and Howard Boville
Series A (2015): $8M featuring Steamboat Ventures, Canvas Ventures, and Webb Investment Funding
Series B (2016): $16M backed by Canvas Ventures, Seqouia Capital, and Webb Investment Funding
Key Investors in Everwise
Canvas Ventures
Canvas Ventures is a boutique firm focused on leading Series A investments in transformative companies, with a thesis-driven approach to identifying disruption in fintech, digital health, marketplaces, and logistics.
Sequoia Capital
Sequoia Capital is a global venture capital firm known for its early investments in market-leading technology companies, with a significant presence in India and a focus on partnering with entrepreneurs to build enduring businesses.
Steamboat Ventures
Steamboat Ventures, established in 2000, concentrates on early to growth-stage technology, media, and consumer companies, aiming to help young ventures become market leaders through dedicated support and value creation.
What's next for Everwise?
The substantial enterprise-level funding Everwise has garnered, particularly the recent strategic investment, positions the company for significant scaling and market expansion. This capital infusion is likely to fuel further product development, enhance its go-to-market strategies, and potentially explore new verticals within the employee development and HR technology space. The consistent backing from prominent investors suggests strong confidence in Everwise's business model and its ability to capture a larger share of the corporate learning and development market.
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