About Everest Labs
Everest Labs is a company based in Fremont (United States) founded in 2018 by Jagadeesh Ambati.. Everest Labs has raised $26.41 million across 6 funding rounds from investors including NEC, Benhamou Global Ventures and TransLink Capital. Everest Labs operates in a competitive market with competitors including Glacier, Pellenc ST, Gongye Technology, Waste Robotic and SmarterX, among others.
- Headquarter Fremont, United States
- Founders Jagadeesh Ambati
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Sectors
EnvironmentIndustrial 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
$26.41 M (USD)
in 6 rounds
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Latest Funding Round
$9.67 M (USD), Series A
Feb 26, 2025
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Investors
NEC
& 6 more
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Employee Count
Employee Count
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Funding Insights of Everest Labs
Everest Labs has successfully raised a total of $26.41M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $9.67 million completed in February 2025. 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 6
- Last Round Series A — $9.7M
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First Round
First Round
(03 Jan 2019)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Series A - Everest Labs | Valuation |
investors |
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| Sep, 2023 | Amount | Series A - Everest Labs | Valuation |
investors |
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| Jul, 2022 | Amount | Series A - Everest Labs | Valuation | TransLink Capital |
| 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 Everest Labs
Everest Labs has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include NEC, Benhamou Global Ventures and TransLink Capital. 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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US & Asia focused seed, early & expansion stage VC firm
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Founded Year | Domain | Location | |
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Life science focused VC firm investing in startups in Europe
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Founded Year | Domain | Location | |
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Early-stage venture capital investments in AI, healthcare, and enterprise technologies.
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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 Everest Labs
| 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 - Everest Labs
| 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 |
Everest Labs Comparisons
Competitors of Everest Labs
Everest Labs 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 Glacier, Pellenc ST, Gongye Technology, Waste Robotic and SmarterX, 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 |
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| domain | founded_year | HQ Location |
AI-based robots for automated waste sorting are provided.
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| domain | founded_year | HQ Location |
Optical sorting solutions for waste recycling and treatment are developed.
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| domain | founded_year | HQ Location |
AI-powered sorting equipment for waste recycling is provided.
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| domain | founded_year | HQ Location |
Waste sorting is automated by robotic systems with AI integration.
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| domain | founded_year | HQ Location |
Provider of software suite solutions for in-store retail businesses
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Everest Labs
Frequently Asked Questions about Everest Labs
When was Everest Labs founded?
Everest Labs was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Everest Labs located?
Everest Labs is headquartered in Fremont, United States. It is registered at Fremont, California, United States.
Who is the current CEO of Everest Labs?
Jagadeesh Ambati is the current CEO of Everest Labs. They have also founded this company.
Is Everest Labs a funded company?
Everest Labs is a funded company, having raised a total of $26.41M across 6 funding rounds to date. The company's 1st funding round was a Series A of $16.1M, raised on Jan 03, 2019.
What does Everest Labs do?
Everest Labs was founded in 2018 and is headquartered in Fremont, United States. Operations focus on the waste management sector, where AI-based robots are developed for installation in sorting stations. These robots are equipped to identify, pick up, and sort various recyclable materials. Customization of sorting speed is offered to align with operational requirements. Leadership includes Co-Founder and CEO Jagadeesh Ambati.
Who are the top competitors of Everest Labs?
Everest Labs's top competitors include Glacier, Pellenc ST and Gongye Technology.
Who are Everest Labs's investors?
Everest Labs has 7 investors. Key investors include NEC, Benhamou Global Ventures, TransLink Capital, BioGeneration Ventures, and Sierra Ventures.
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