# Everstores Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/everstores-technologies

- Industry: Financial Services
- Headquarters: Berlin, Germany
- Website: www.everstores.com
- Total disclosed funding: $8.4M
- Latest round: Seed (Jun 3, 2022)
- Investors on record: 5

## About

Founded in 2022 by Carlos Lopez, Kristoffer Herskind, and Kirill Martynov, and based in Berlin, Germany, Everstores Technologies GmbH, operates as a private equity company that buys e-commerce stores and operates them to boost their sales. In October 2022, Everstores Technologies GmbH raised EUR 18 million in seed funding co-led by returning investors Earlybird Venture Capital, and Viola Credit, with participation from another returning investor, Picus Capital. As of 2022, the company buys stores with a revenue of EUR 1 million in the UK, Germany, and Austria.

The company generates a valuation based on the analyses done, studying historical performance, forecasting expected future performance, and then offers a price to buy the company. The company invests in gaming brands, pet accessory brands, and performance wear brands.

The company will use the October 2022 funding to build its platform and expand operations.

## Funding rounds

- Seed, Jun 3, 2022, $8.4M — Earlybird, R&H Fund Services, Picus Capital, New Forge, MJM Investments GmbH

## Investors

- Earlybird (https://capitalatlas.ai/funds/earlybird) — Seed
- R&H Fund Services — Seed
- Picus Capital (https://capitalatlas.ai/funds/picus-capital) — Seed
- New Forge (https://capitalatlas.ai/funds/new-forge) — Seed
- MJM Investments GmbH — Seed