EverestLabs

Environmental ServicesSeries AFremont, USeverestlabs.ai

Latest round

Series A

Last raised

Jun 2022

Total raised

$20M

Investors

6

About EverestLabs

Founded in 2018, EverestLabs is headquartered in Fremont, US, specializing in AI solutions for recycling.EverestLabs specializes in the development and deployment of AI-driven solutions for recycling operations, notably through its flagship product, RecycleOS. This operating system incorporates advanced vision technology, AI, and robotics to automate Material Recovery Facilities (MRFs), allowing for precise identification and sorting of recyclable materials.Revenue generation for EverestLabs is primarily through partnerships and direct B2B transactions in the recycling industry. The company offers a subscription-based model for its RecycleOS platform, which includes installation and maintenance services.1 mn, EverestLabs plans to invest in workforce development and product innovations to support its nationwide consumers. The company is focusing on expanding its AI solutions into new markets, with particular attention on regions facing significant waste management challenges. These strategies are aimed at enhancing operational capabilities and establishing long-term industry relationships.

Who invested in EverestLabs

6 investors across 3 rounds

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Funding rounds

  1. Series A

    Jun 24, 2022

    Amount

    $16M

    Investors

    Locked

  2. Seed

    Mar 30, 2021

    Amount

    $3.5M

    Investors

    Locked

  3. Seed

    Apr 22, 2020

    Amount

    Undisclosed

    Investors

    Locked

Questions about EverestLabs

Who invested in EverestLabs?

EverestLabs has 6 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 EverestLabs raised?

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

When did EverestLabs last raise money?

EverestLabs's most recent round on record is a Series A, in Jun 2022.

What does EverestLabs do?

Founded in 2018, EverestLabs is headquartered in Fremont, US, specializing in AI solutions for recycling.

Where is EverestLabs headquartered?

EverestLabs is headquartered in Fremont, US.

Which VCs invest in companies like EverestLabs?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back environmental services companies at EverestLabs's stage. Their profiles are linked below.

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