# Evernym

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

- Industry: Software
- Headquarters: Seattle, US
- Website: www.evernym.com
- Total disclosed funding: $8M
- Latest round: Seed (Sep 26, 2019)
- Investors on record: 2

## About

Evernym, Inc. delivers innovative digital identity solutions that enhance privacy, security, and governance through verifiable credentials technology, supporting organizations in managing sensitive data effectively.Founded in 2013 and headquartered in Seattle, US, Evernym, Inc. specializes in providing digital identity solutions. The company has been involved in 6 deals, with the most recent deal occurring on December 9, 2021, when it raised USD 8.00 mn in a Seed funding round, attracting investments from Barclays Funds and Advisory and Pelion Venture Partners. Previously, Evernym was acquired by Avast Software, s.r.o. from Outlier Ventures, Alumni Ventures Group, Kosmos Capital, Barclays Ventures, and Medici Ventures.Evernym, Inc. specializes in advanced digital identity solutions, focusing on verifiable credentials technology, cryptography, privacy, security, and governance. Their core offerings include secure management platforms for digital identities that protect sensitive data and enhance access control for organizations. The solutions cater to a range of clients, from small businesses to large enterprises across various sectors, including travel and finance, aiding them in securing travel information and effectively managing digital certificates. The company serves clients in North America, Europe, and Asia, enabling secure operations in a digital landscape.Evernym, Inc. generates revenue through a subscription-based model and partnerships with enterprises enhancing their digital security frameworks. Clients engage in transactions involving annual or monthly subscriptions for tailored digital identity management solutions. The revenue structure supports both B2B and direct-to-consumer transactions, facilitating secure access solutions across multiple industries. Their commitment to innovation and high-quality support reinforces their reputation in the digital security field.The recent acquisition by Avast Software, s.r.o. in December 2021 allows Evernym to leverage additional resources for future growth. The company plans to enhance its product offerings and expand into new markets, although specific details about upcoming products or targeted regions have not been disclosed. Recent funding will likely be utilized to support these initiatives and bolster Evernym's position in the digital identity space.

## Funding rounds

- Seed, Sep 26, 2019, $8M — Pelion Venture Partners, Barclays Investment Solutions Limited

## Investors

- Pelion Venture Partners (https://capitalatlas.ai/funds/pelion-venture-partners) — Seed
- Barclays Investment Solutions Limited — Seed