About Evercloak
Evercloak is a company based in Waterloo (Canada) founded in 2018.. Evercloak has raised $2.03 million across 4 funding rounds from investors including Government of Canada, Ontario Centre of Innovation and Bioindustrial Innovation Canada. Evercloak offers products and services including Nanofilms and Manufacturing Processes. Evercloak operates in a competitive market with competitors including Europlasma, Inoplaztech and AGNANO, among others.
- Headquarter Waterloo, Canada
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.03 M (USD)
in 4 rounds
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Latest Funding Round
$1.1 M (USD), Grant
Jul 10, 2024
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Investors
Government of Canada
& 6 more
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Employee Count
Employee Count
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Products & Services of Evercloak
Evercloak offers a comprehensive portfolio of products and services, including Nanofilms and Manufacturing Processes. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Ultra-thin films that reduce energy use in AC and purify water.
Patented methods for efficient production of environmental materials.
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Funding Insights of Evercloak
Evercloak has successfully raised a total of $2.03M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $1.1 million completed in July 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $1.1M
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First Round
First Round
(11 Feb 2019)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Grant - Evercloak | Valuation |
investors |
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| Feb, 2024 | Amount | Seed - Evercloak | Valuation | Bioindustrial Innovation Canada | |
| Jul, 2020 | Amount | Grant - Evercloak | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Evercloak
Evercloak has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Government of Canada, Ontario Centre of Innovation and Bioindustrial Innovation Canada. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Support is provided for sustainable technology commercialization in Canada.
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Founded Year | Domain | Location | |
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Venture capital firm investing in proptech sectors
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Founded Year | Domain | Location | |
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GroundBreak Ventures is focused on investing in PropTech startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Evercloak
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Evercloak
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Evercloak Comparisons
Competitors of Evercloak
Evercloak operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Europlasma, Inoplaztech and AGNANO, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Manufacturing technology for nano-based thin films is provided.
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| domain | founded_year | HQ Location |
Manufacturing technology for nanopowders is developed using plasma-based methods.
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| domain | founded_year | HQ Location |
Nano-based protective films are manufactured and supplied globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Evercloak
Frequently Asked Questions about Evercloak
When was Evercloak founded?
Evercloak was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Evercloak located?
Evercloak is headquartered in Waterloo, Canada. It is registered at Waterloo, Ontario, Canada.
Who is the current CEO of Evercloak?
Evelyn Allen is the current CEO of Evercloak.
Is Evercloak a funded company?
Evercloak is a funded company, having raised a total of $2.03M across 4 funding rounds to date.
What does Evercloak do?
Evercloak was founded in 2018 and is based in Waterloo, Canada. Manufacturing technology for nano-based thin films is offered, with films developed from multiple materials and inks such as graphene oxide, graphene, carbon nanotubes, hexagonal boron nitride, and other 2D nanomaterials. Operations focus on applications including humidity control, air conditioning enhancement, and solar panel integration within the nanotechnology sector.
Who are the top competitors of Evercloak?
Evercloak's top competitors include Europlasma, AGNANO and Inoplaztech.
What products or services does Evercloak offer?
Evercloak offers Nanofilms and Manufacturing Processes.
Who are Evercloak's investors?
Evercloak has 7 investors. Key investors include Government of Canada, Ontario Centre of Innovation, Bioindustrial Innovation Canada, Greensoil PropTech Ventures, and GroundBreak Ventures.