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
Not available
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Net Profit
Not available
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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
Not available
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People of Everest Labs
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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.
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.
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US & Asia focused seed, early & expansion stage VC firm
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Life science focused VC firm investing in startups in Europe
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Early-stage venture capital investments in AI, healthcare, and enterprise technologies.
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Investor details for Everest Labs
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Investments & Acquisitions by Everest Labs
Investment portfolio details for Everest Labs
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Financial Statements - Everest Labs
Detailed financials for Everest Labs
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Everest Labs Comparisons
Peer comparison for Everest Labs
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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.
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AI-based robots for automated waste sorting are provided.
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Optical sorting solutions for waste recycling and treatment are developed.
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AI-powered sorting equipment for waste recycling is provided.
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Waste sorting is automated by robotic systems with AI integration.
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Provider of software suite solutions for in-store retail businesses
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Detailed competitors of Everest Labs
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Latest news on Everest Labs
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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.
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.