EverC

IT Security/CybersecuritySeries BNew York, USeverc.com

Latest round

Series B

Last raised

Sep 2020

Total raised

$48M

Investors

7

About EverC

EverC Ltd.Founded in 2008, EverC Ltd. operates out of New York, US, focusing on providing security solutions for online commerce., a portfolio company of Further Global Capital Management, Permira, and Stone Point Capital.EverC specializes in providing innovative solutions aimed at enhancing security and transparency in the online commerce ecosystem. Their flagship products, MerchantView and MarketView, are designed to streamline the merchant onboarding process and monitor risks throughout the merchant lifecycle. MerchantView offers an all-in-one solution for onboarding and ongoing risk assessment, while MarketView employs advanced technology to automatically identify and eliminate hazardous, counterfeit, and recalled products. These solutions cater to a diverse client base, including marketplaces, payment service providers, banks, and merchants, effectively addressing the industry's growing concern over online fraud and compliance risks.EverC generates revenue primarily through subscription-based models and partnerships with its clients, encompassing retailers, marketplaces, and financial institutions. The company structures its transactions around the provision of services like MerchantView and MarketView, which are offered on a subscription basis, ensuring continuous access to risk management tools and data insights. Through these offerings, clients pay for real-time analytics and monitoring services, which are crucial for maintaining compliance and operational efficiency. While specific pricing plans for their products are not publicly disclosed, the subscription model typically includes tiered pricing based on the level of service and the volume of transactions processed.00 mn to enhance product development and expand its offerings. The company is actively designing new products aimed at further increasing security measures in the online space, with specific release dates yet to be announced. Additionally, EverC aims to expand into new markets, particularly targeting regions in Asia and Europe by the end of 2024. This strategic expansion is aimed at broadening its client base and enhancing its global footprint in the online commerce ecosystem.

Who invested in EverC

7 investors across 3 rounds

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Funding rounds

  1. Series B

    Sep 10, 2020

    Amount

    $35M

    Investors

    Locked

  2. Series A

    Dec 14, 2016

    Amount

    $9.5M

    Investors

    Locked

  3. Series A

    May 27, 2015

    Amount

    $3.5M

    Investors

    Locked

Questions about EverC

Who invested in EverC?

EverC has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has EverC raised?

EverC has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did EverC last raise money?

EverC's most recent round on record is a Series B, in Sep 2020.

What does EverC do?

EverC is a it security/cybersecurity company.

Where is EverC headquartered?

EverC is headquartered in New York, US.

Which VCs invest in companies like EverC?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back it security/cybersecurity companies at EverC's stage. Their profiles are linked below.

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