# EverString Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/everstring-technology

- Industry: Software
- Headquarters: San Mateo, US
- Website: www.everstring.com
- Total disclosed funding: $79M
- Latest round: Series B (Oct 13, 2015)
- Investors on record: 10

## About

EverString Technology, Ltd. specializes in data-driven solutions that empower businesses to enhance their marketing strategies and optimize sales processes through intelligent data orchestration.Founded in 2012 and headquartered in San Mateo, US, EverString Technology, Ltd. provides innovative data solutions for businesses. The company was acquired by ZoomInfo Technologies LLC in November 2020, though the financial terms were not disclosed. EverString has secured a total of USD 65.00 mn through its Series B funding round, led by Lightspeed Venture Partners and including investors such as Sequoia Capital and Chiratae Ventures. The firm has been involved in 6 deals as of the latest date.EverString Technology, Ltd. specializes in data orchestration solutions designed to enhance business operations and improve revenue generation capabilities for its clients. The company’s core product offerings include a comprehensive suite of tools aimed at automating data management processes such as deduplication, enrichment, cleansing, and lead scoring. These tools are engineered to provide actionable insights and streamline engagement-ready data, enabling sales and marketing teams to identify and prioritize leads effectively. EverString serves a diverse clientele across various industries, with a focus on markets in North America and Europe. The solutions are tailored to meet the needs of businesses looking to unify their go-to-market strategies and leverage data-driven insights for strategic decision-making.The revenue structure for EverString Technology, Ltd. is primarily based on subscription models, wherein clients access its suite of services through varying pricing plans tailored to their specific needs. The company offers different tiers of service, which include features such as enhanced data enrichment, lead scoring, and multi-vendor data integration. Clients typically engage in annual subscription agreements, allowing for scalable usage of the platform as their data needs grow. This transactional model ensures a consistent revenue flow for the company, as clients continually rely on EverString’s data solutions to support their sales and marketing initiatives. The firm's flagship products are integral to the functioning of its clients' operations, further solidifying reliance on these services within their respective market segments.EverString Technology, Ltd. plans to enhance its product offerings by launching new data analytics tools aimed at improving data integration capabilities by 2023. The company is targeting expansion into the European market, particularly focusing on Germany and the UK by the end of 2022. The recent funding from the Series B round will be utilized to support these initiatives, enabling EverString to invest in product development and marketing strategies to enter these new regions effectively.

## Funding rounds

- Series B, Oct 13, 2015, $65M — Lightspeed Venture Partners, Hong Shan, Chiratae Ventures, Lakestar, ZhenFund, DHVC, Wind Information Co., Ltd
- Series A, Aug 12, 2014, $12M — Lightspeed Venture Partners, Hong Shan, Ridge Ventures
- Seed, Jun 1, 2014 — ZhenFund
- Seed, Aug 12, 2013 — M12
- Angel, Jan 1, 2013, $1.6M — Hong Shan, Ridge Ventures, CRCM, ZhenFund

## Investors

- Hong Shan — Angel, Series A, Series B
- Ridge Ventures (https://capitalatlas.ai/funds/ridge-ventures) — Angel, Series A
- CRCM (https://capitalatlas.ai/funds/crcm) — Angel
- ZhenFund (https://capitalatlas.ai/funds/zhenfund) — Angel, Seed, Series B
- M12 (https://capitalatlas.ai/funds/m12) — Seed
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A, Series B
- Chiratae Ventures (https://capitalatlas.ai/funds/chiratae-ventures) — Series B
- Lakestar (https://capitalatlas.ai/funds/lakestar) — Series B
- DHVC (https://capitalatlas.ai/funds/dhvc) — Series B
- Wind Information Co., Ltd — Series B