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. 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
- Founders James Richards
- SectorsFinancial ServicesEnvironment Technology
- Email••••••••
- Website evergrow.com
- Social LinkedIn X
- Legal Name Evergrow Inc.
- Total Equity Funding$14M (USD)
in 2 rounds
- Latest Funding Round$7M (USD), Seed
Apr 2023
- InvestorsFirst Round Capital
& 11 more
- Employee Count10
Products & Services of Evergrow
Evergrow offers a comprehensive portfolio of products and services, including Tax Credit Financing and Solar and Storage Funding.
Financing is provided for clean energy tax credits.
Funding is offered for solar and storage projects.
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.
- Total Funding $14M
- Total Rounds 2
- Last Round Seed — $7M
- First Round $7M
(Nov 2021)
- Investors Count 12
All 2 funding rounds of Evergrow 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 |
|---|---|---|---|---|---|
| Apr 2023 | $7M | Seed | – | First Round Capital, XYZ Venture Capital | – |
| Nov 2021 | $7M | Seed | – | XYZ Venture Capital, Congruent Ventures |
12 investors in total: 6 institutional and 6 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
US focused seed and early-stage VC firm | – | firstround.com | San Francisco, United States | |
Investments in early-stage companies are managed by XYZ Venture Capital. | – | xyz.vc | San Francisco, United States | |
Climate tech investing and support for early-stage entrepreneurs in North America. | – | congruentvc.com | - | |
B2B startups are funded by Garuda venture capital firm. | – | garuda.vc | San Francisco, United States | |
Investment in renewable energy markets across North America is made. | 2008 | skyviewventures.com | Nashville, United States | |
Climate innovation startups are supported through venture capital investments. | – | mcj.vc | - | |
MM Max Mullen | Co-founder of Instacart, active angel investor in Indian startups | – | unknown_0447c9b69bc340c0a | - |
PR Peter Reinhardt | Co-founder of Segment, active angel investor in tech startups | – | unknown_7a6d1fc658dc43e7a | - |
ZP Zach Perrett | - | – | unknown_e9f225edb878434a8 | - |
MT Michael Tanenbaum | Angel investor focusing on Indian startups, experienced in tech and finance sectors. | – | unknown_766997c4b05845429 | - |
Investor details for Evergrow
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
- Investor portfolios
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People of Evergrow
5 people are tracked at Evergrow (3 in leadership, 1 in board & advisors, 1 in team); the tracked headcount is 10.
| Name | Role | Group |
|---|---|---|
James Richards | Co-Founder & CEO | Leadership |
Nick Mueller | Head of Marketing | Leadership |
Addy Mistick | Chief Of Staff & Director Of Operations | Leadership |
Rishi Taparia | Board Observer | Board & advisors |
Shreenidhi Hegde | Senior Software Engineer | Team |
Complete people profiles for Evergrow
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Evergrow
3 dated milestones of Evergrow across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Evergrow is founded.
- Funding First funding round of $7.0M.
- Funding Latest funding round, Seed, of $7.0M.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| xpansiv.com | 2016 | San Francisco, United States | $712.17M | – | Offsets and renewable energy marketplace | |
| renewfinancial.com | 2008 | Oakland, United States | $140.14M | 356 | Renewable energy financing is facilitated via an online platform. | |
| apx.com | 1996 | San Jose, United States | $36.1M | – | Environmental registries and energy market services are provided by APX. | |
| ygrene.com | 2009 | Petaluma, United States | $155M | 275 | Provider of an online platform for clean energy financing | |
| odysseyenergysolutions.com | 2017 | Boulder, United States | $38.84M | 6 | End-to-end platform for distributed renewable energy finance is provided. | |
| dividendfinance.com | 2013 | San Francisco, United States | $20M | 152 | Online marketplace for green financing | |
| ncx.com | 2010 | San Francisco, United States | $74.4M | – | Carbon offsets are facilitated via a data-driven forest marketplace. | |
| pachama.com | 2018 | Sausalito, United States | $88.23M | 43 | Technological solutions for forest protection and restoration are developed. | |
| flowcarbon.com | 2021 | New York, United States | $70M | – | Carbon footprints are calculated and offset via blockchain-based tokens. | |
| cloverly.com | 2018 | Birmingham, United States | $21.1M | 42 | Carbon offsets for e-commerce shipping and transportation are provided. |
Detailed competitors of Evergrow
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Evergrow
The website of Evergrow (evergrow.com) receives about 2.7K visits a month.
- Monthly visits2.7K
▲ 23.3% vs previous month
Latest news on Evergrow
Complete news archive for Evergrow
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
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- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Evergrow
10 companies that operate in the same segment as Evergrow (Non Fungible Tokens), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, France | USD 575.4 M | – | – | |
Developer of blockchain and web3 software platform | 2014 | Fort Worth, Texas, United States | USD 725 M | – | – | |
A gaming platform for user-generated content is operated. | 2005 | San Mateo, California, United States | USD 918.2 M | USD 4.89 B | 2,470 | |
Blockchain-based PC and mobile games are developed and published. | 2006 | Kowloon, Hong Kong, China | USD 973.19 M | – | – | |
Hike is involved in building innovative digital solutions. | 2012 | Delhi, Delhi, India | USD 261 M | USD 46.84 M | 92 | |
Cloud-based blockchain platform for application development is provided. | 2013 | San Francisco, California, United States | USD 597.81 M | – | – | |
Blockchain-based fantasy sports marketplace is provided for multiple sports. | 2018 | Saint-mande, Val-de-marne, France | USD 738.84 M | – | – | |
NFT-based virtual metaverse is developed for user-owned experiences. | 2018 | Montreal, Quebec, Canada | USD 115.01 M | – | – | |
Blockchain-based games developer for PC and console | 2018 | Vancouver, British Columbia, Canada | USD 665.59 M | – | – | |
Decentralized audio distribution is enabled for creators via blockchain technology. | 2018 | San Francisco, California, United States | USD 16.1 M | – | 44 |
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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. The company's 1st funding round was a Seed of $7M, raised on Nov 2021.
Evergrow has 10 employees.
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.
Evergrow operates through Evergrow Inc..