Evergrow

San Francisco, United States Founded: 2021 • Age: 5 yrs
Carbon offtake services are provided for emission reduction projects.
Annual revenue - Latest available
Total funding $14.0M 2 rounds
Employees 10 Tracked headcount
Investors 12 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About Evergrow

Evergrow is a company based in San Francisco (United States) founded in 2021 by James Richards. It operates as a Green Energy-as-a-Service and Brokerage / Intermediation. Evergrow has raised $14 million across 2 funding rounds from investors including First Round Capital, XYZ Venture Capital and Congruent Ventures. The company has 10 employees as of December 31, 2024. Evergrow offers products and services including Tax Credit Financing and Solar and Storage Funding. Evergrow operates in a competitive market with competitors including Xpansiv, Renew Financial, APX, Ygrene Energy Fund and Odyssey Energy Solutions, among others.

  • Headquarter San Francisco, United States
  • Employees 10 as on 31 Dec, 2024
  • Founders James Richards
  • Sectors
    Financial Services
    Environment Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Evergrow Inc.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $14 M (USD)

    in 2 rounds

  • Latest Funding Round
    $7 M (USD), Seed

    Apr 18, 2023

  • Investors
  • Employee Count
    10

    as on Dec 31, 2024

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Products & Services of Evergrow

Evergrow offers a comprehensive portfolio of products and services, including Tax Credit Financing and Solar and Storage Funding.

Product name locked
Category locked
Primary

Financing is provided for clean energy tax credits.

Product name locked
Category locked
Locked

Funding is offered for solar and storage projects.

People of Evergrow

Headcount 200-500
Employee Profiles 4
Board Members and Advisors 1
Employee Profiles
People
Shreenidhi Hegde
Senior Software Engineer
People
James Richards
Co-founder & CEO
People
Nick Mueller
Head of Marketing
People
Addy Mistick
Chief Of Staff & Director Of Operations

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Board Members and Advisors
people
Rishi Taparia
Board Observer

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Funding Insights of Evergrow

Evergrow has successfully raised a total of $14M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $7 million completed in April 2023. 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 Evergrow

Evergrow has secured backing from 12 investors, including venture fund and angel investors. Prominent investors backing the company include First Round Capital, XYZ Venture Capital and Congruent Ventures.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
US focused seed and early-stage VC firm
Locked Locked Locked
Investments in early-stage companies are managed by XYZ Venture Capital.
Locked Locked Locked
Climate tech investing and support for early-stage entrepreneurs in North America.
Locked Locked Locked
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Investor details for Evergrow

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Investments & Acquisitions by Evergrow

Investments
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Investment portfolio details for Evergrow

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Financial Statements - Evergrow

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Detailed financials for Evergrow

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  • Profit trends
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Evergrow Comparisons

Evergrow Primary company
Description
Carbon offtake services are provided for emission reduction ...
Location
San Francisco, United States
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
10
As of 2024
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Peer comparison for Evergrow

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Competitors of Evergrow

Evergrow 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 Xpansiv, Renew Financial, APX, Ygrene Energy Fund and Odyssey Energy Solutions, among others.

Company Name Domain Founded year HQ Location Description
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Offsets and renewable energy marketplace
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Renewable energy financing is facilitated via an online platform.
Locked Locked Locked
Environmental registries and energy market services are provided by APX.
Locked Locked Locked
Provider of an online platform for clean energy financing
Locked Locked Locked
End-to-end platform for distributed renewable energy finance is provided.
Locked Locked Locked
Online marketplace for green financing
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Detailed competitors of Evergrow

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Latest news on Evergrow

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Complete news archive for Evergrow

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Frequently Asked Questions about Evergrow

Evergrow was founded in 2021.

Evergrow is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

James Richards is the current CEO of Evergrow. They have also founded this company.

Evergrow is a funded company, having raised a total of $14M across 2 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Evergrow is 10.

Evergrow is involved in providing tax-credit financing solutions for clean energy projects. The company supports commercial real estate owners, REITs, developers, and operators of clean energy assets across various sectors. Financing is extended for solar PV and battery storage technologies, with a focus on projects of all sizes. An end-to-end platform is utilized to streamline the financing process, ensuring efficiency and accessibility. Community impact is prioritized by funding projects that bring sustainable energy solutions to diverse locations across the United States.

Evergrow's top competitors include APX, Renew Financial and Ygrene Energy Fund.

Evergrow offers Tax Credit Financing and Solar and Storage Funding.

Evergrow has 12 investors. Key investors include First Round Capital, XYZ Venture Capital, Congruent Ventures, Garuda Ventures, and Skyview Ventures.

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