# Everoad

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

- Industry: Internet
- Headquarters: Paris, France
- Website: www.everoad.com
- Total disclosed funding: $15M
- Latest round: Series A (Apr 2, 2024)
- Investors on record: 2

## About

Everoad, based in France, is a logistics technology company that offers digital freight solutions, streamlining transportation processes between shippers and carriers across various sectors.Founded in 2016, Everoad is focused on logistics technology, providing a platform that connects shippers with carriers. The company is headquartered in Paris, France. Everoad has raised a total of EUR 3.36 mn through 4 deals, with the most recent being a Series A round on April 2, 2024, led by Earlybird Venture Capital, bringing the total amount raised to EUR 3.36 mn and the current company valuation to EUR 24.823 mn.Everoad specializes in providing innovative logistics solutions that streamline the transportation of goods across various sectors. The company’s core offerings include a digital freight platform that connects shippers with reliable carriers, enabling efficient management of shipping processes. This platform addresses logistics complexities through real-time tracking, automated pricing, and optimized route planning, primarily catering to businesses in the e-commerce, manufacturing, and retail sectors. Everoad serves a diverse client base across Europe and North America, aiming to reduce shipping costs and enhance operational efficiency.Everoad's revenue for the most recent year, 2020, was EUR 25.46 mn, with an EBITDA of EUR -7.86 mn. The company generates revenue chiefly through transaction fees from its freight platform, facilitating interactions between shippers and carriers on a B2B basis. Pricing structures may include tiered fees based on shipment volumes or subscription plans for premium features, reflecting the value added to the shipping process.In April 2024, Everoad, SAS raised EUR 3.36 mn in Series A funding to support its growth strategies. The company plans to introduce new products aimed at enhancing their logistics platform, though specific release dates have not been disclosed. Additionally, Everoad is looking to expand its market presence into new geographic regions, specifically targeting increased operations in North America by late 2024. The recent funding will be utilized to develop these new offerings and support the planned geographical expansion.

## Funding rounds

- Series A, Apr 2, 2024, $3.6M — Earlybird
- Series A, Dec 2, 2017, $12M — Earlybird, Inventure Partners

## Investors

- Earlybird (https://capitalatlas.ai/funds/earlybird) — Series A
- Inventure Partners — Series A