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
- SectorsEnvironmentIndustrial Goods & Manufacturing
- Email••••••••
- Website everestlabs.ai
- Social LinkedIn X YouTube
- Total Equity Funding$26.41M (USD)
in 6 rounds
- Latest Funding Round$9.67M (USD), Series A
Feb 2025
- InvestorsNEC
& 6 more
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 $26.41M
- Total Rounds 6
- Last Round Series A — $9.67M
- First Round $295,000
(Jan 2019)
- Investors Count 7
All 6 funding rounds of Everest Labs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2025 | $9.67M | Series A | – | – | – |
| Sep 2023 | $15,154 | Series A | – | – | – |
| Jul 2022 | $16.1M | Series A | – | TransLink Capital | |
| May 2020 | – | Seed | – | – | |
| Aug 2019 | $325,000 | Seed | – | – | – |
| Jan 2019 | $295,000 | Seed | – | – | – |
7 investors in total: 7 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
US & Asia focused seed, early & expansion stage VC firm | – | translinkcapital.com | Palo Alto, United States | |
Life science focused VC firm investing in startups in Europe | – | biogenerationventures.com | Naarden, Netherlands | |
Early-stage venture capital investments in AI, healthcare, and enterprise technologies. | – | sierraventures.com | - | |
US based VC firm investing in seed stage | – | moradoventures.com | San Francisco, United States | |
VC fund investing in technology startups | – | xplorer.vc | Menlo Park, United States | |
Venture capital firm investing in AI and cross-border enterprise startups from Silicon Valley. | 2003 | benhamouglobalventures.com | Tel Aviv, Israel | |
Cloud-based IT and networking solutions are provided globally. | 1899 | nec.com | Minato City, Japan |
Investor details for Everest Labs
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Everest Labs
17 people are tracked at Everest Labs (6 in leadership, 11 in team).
| Name | Role | Group |
|---|---|---|
Jagadeesh Ambati | Co-Founder & CEO | Leadership |
Brian Ecclesine | VP Of Sales, Enterprise | Leadership |
Don Gambelin | Head of Sales & Business Development | Leadership |
Aneesh Sharma | Head Of Engineering | Leadership |
Apurba Pradhan | Head of Product | Leadership |
Chris Jodoin | Cfo/coo | Leadership |
Katherine Nellis | Sales Engineer | Team |
Giulio Gambelin | Sales Associate | Team |
Siddhardha Battula | Site Reliability Engineer | Team |
Shawn Davis | Mechanical Engineer | Team |
Joshua Raghunath | Robotics Deployment Engineer | Team |
Maribel Ramos | Gm-business Development | Team |
Purvang L. | Senior Machine Learning R&D Engineer | Team |
Apoorva Desai | Machine Learning Engineer | Team |
Bryce M. | Robotics Engineer | Team |
Valeria Avila Guerrero | Robotics Engineer | Team |
Theodore Somekh | Sales Engineer | Team |
Complete people profiles for Everest Labs
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Everest Labs
3 dated milestones of Everest Labs across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Everest Labs is founded.
- Funding First funding round of $295K.
- Funding Latest funding round, Series A, of $9.7M.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| endwaste.io | 2019 | San Francisco, United States | $28.2M | – | AI-based robots for automated waste sorting are provided. | |
| pellencst.com | 2001 | Pertuis, France | $424,949 | – | Optical sorting solutions for waste recycling and treatment are developed. | |
| databeyond.cn | 2018 | Dongguan, China | $14.93M | – | AI-powered sorting equipment for waste recycling is provided. | |
| wasterobotic.com | 2016 | Quebec, Canada | $7.33M | – | Waste sorting is automated by robotic systems with AI integration. | |
| smarterx.com | 2015 | Boulder, United States | $62.39M | 69 | Provider of software suite solutions for in-store retail businesses | |
| superbin.co.kr | 2015 | Seongnam-si, South Korea | $16.8M | – | Smart bin solutions and reward-based recycling are provided. | |
| cleanrobotics.com | 2015 | Pittsburgh, United States | $4.5M | – | Smart trash bin robots are manufactured for recyclable waste sorting. |
Detailed competitors of Everest Labs
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Benchmarks
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Web traffic of Everest Labs
The website of Everest Labs (everestlabs.ai) receives about 3K visits a month.
- Monthly visits3K
▼ 57.8% vs previous month
Latest news on Everest Labs
Complete news archive for Everest Labs
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Similar companies to Everest Labs
10 companies that operate in the same segment as Everest Labs (Waste & Water Management Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Wastewater and energy management services are provided internationally. | 1853 | Aubervilliers, Seine-saint-denis, France | – | USD 52.17 B | 215,040 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Waste collection and management services are provided nationwide. | 1968 | Houston, Texas, United States | – | USD 25.2 B | 61,700 | |
Integrated waste management services are provided nationwide. | 1998 | Phoenix, Arizona, United States | – | USD 16.59 B | 42,000 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | – | |
Sensor-based sorting and recycling solutions are provided for multiple industries. | 1972 | Asker, Viken, Norway | – | USD 1.53 B | 4,950 | |
Smart water dispensers with flavored options are provided for offices. | 2013 | Boston, Massachusetts, United States | USD 135.53 M | – | 102 | |
Surplus goods are shared among neighbors through a mobile app. | 2015 | London, England, United Kingdom | USD 51.2 M | – | – | |
Water and waste treatment services are provided worldwide. | 1966 | London, England, United Kingdom | – | USD 4.18 B | 9,750 |
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Frequently Asked Questions about Everest Labs
Everest Labs was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Everest Labs is headquartered in Fremont, United States. It is registered at Fremont, California, United States.
Jagadeesh Ambati is the current CEO of Everest Labs. They have also founded this 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 Seed of $295K, raised on Jan 2019.
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.
Everest Labs's top competitors include Glacier, Pellenc ST and Gongye Technology.
Everest Labs has 7 investors. Key investors include NEC, Benhamou Global Ventures, TransLink Capital, BioGeneration Ventures, and Sierra Ventures.