# everdrop

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/everdrop

- Industry: Consumer Products
- Headquarters: Munich, Germany
- Website: www.everdrop.de
- Total disclosed funding: $22M
- Latest round: Series B (Jul 15, 2022)
- Investors on record: 6

## About

Based in Munich, Germany, and founded in 2019, everdrop GmbH delivers particularly ecological cleaning and cleaning agents. Daniel Schmitt-Haverkamp, Chris Becker, and David Löwe are the founders of the company. The company employs over 20 people as of 2020. In February 2021, everdrop GmbH raised EUR 18 million in series A funding led by new investor Felix Capital, with participation from another new investor Vorwerk Ventures. 

The company’s products include laundry detergents, dishwasher tabs, cleaning products, and cleaning-related accessories. The company distributes cleaning products in the form of little tabs that the consumer dissolves in water in a spray bottle. If the bottle is empty, users can refill it with water and add the next tab to dissolve, the company plans to reduce the use of single-use plastic bottles in this way. 

The company generates revenue by pricing its cleaning agents and other accessories.

The company plans to finance further expansion abroad and to introduce a dozen new products in 2021.

## Funding rounds

- Series B, Jul 15, 2022 — Sofina, Lombard Odier Asset Management, HV Capital, TriplePoint Capital, Vorwerk Ventures, Felix Capital
- Series A, Feb 13, 2021, $22M — HV Capital, Vorwerk Ventures, Felix Capital
- Seed, Sep 8, 2020 — HV Capital

## Investors

- HV Capital (https://capitalatlas.ai/funds/hv-capital) — Seed, Series A, Series B
- Vorwerk Ventures (https://capitalatlas.ai/funds/vorwerk-ventures) — Series A, Series B
- Felix Capital (https://capitalatlas.ai/funds/felix-capital) — Series A, Series B
- Sofina — Series B
- Lombard Odier Asset Management — Series B
- TriplePoint Capital (https://capitalatlas.ai/funds/triplepoint-capital) — Series B