About Evernote
Evernote is a company based in Redwood City (United States) founded in 2004 by Stepan Pachikov was acquired by Bending Spoons in November 2022.. Evernote has raised $266 million across 10 funding rounds from investors including Bending Spoons, T. Rowe Price and Nihon Keizai Shimbun. Evernote has completed 3 acquisitions, including Mindsmomentum.com, Notablemeals and Skitch. Evernote offers products and services including Evernote App, Web Clipper, and AI Transcribe. Evernote operates in a competitive market with competitors including Day One Journal, Roam Research, Count, Anytype and Craft, among others.
- Headquarter Redwood City, United States
- Founders Stepan Pachikov
- Stage Unicorn
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Evernote Technologies India Private Limited
- Date of Incorporation 03 Mar, 2015
- Jurisdiction East Delhi, Delhi, India
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Annual Revenue
$62.75 K (USD)-2.09as on Mar 31, 2022
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Net Profit
$3.31 K (USD)5.28as on Mar 31, 2022
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EBITDA
$11.55 K (USD)-74.02as on Mar 31, 2022
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Total Equity Funding
$266 M (USD)
in 10 rounds
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Latest Funding Round
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Investors
Bending Spoons
& 13 more
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Employee Count
Employee Count
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Investments & Acquisitions
Mindsmomentum.com
& 2 more
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Acquired by
Bending Spoons
(Nov 16, 2022)
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Products & Services of Evernote
Evernote offers a comprehensive portfolio of products and services, including Evernote App, Web Clipper, and AI Transcribe. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for capturing and organizing notes, tasks, and schedules.
Tool to save web content directly into notes.
Converts audio recordings into searchable text notes.
Funding Insights of Evernote
Evernote has successfully raised a total of $266M across 10 strategic funding rounds. 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 10
- Last Round Last Round
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First Round
First Round
(07 Aug 2006)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Series E - Evernote | Valuation |
investors |
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| Nov, 2014 | Amount | Series E - Evernote | Valuation | Nihon Keizai Shimbun |
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| Nov, 2012 | Amount | Series D - Evernote | Valuation | M8 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 Evernote
Evernote has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include Bending Spoons, T. Rowe Price and Nihon Keizai Shimbun. 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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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Private equity investments are directed toward US-based companies.
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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 Evernote
Evernote has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Mindsmomentum.com, Notablemeals and Skitch. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Web-based to-do lists platform is provided for productivity.
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2020 | ||||
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Provider of a multiple-task management platform
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2008 | ||||
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Recipes are shared via an app-based community platform.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Evernote
| 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 |
Evernote Comparisons
Competitors of Evernote
Evernote 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 Day One Journal, Roam Research, Count, Anytype and Craft, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A personal journaling app is offered for capturing daily moments.
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| domain | founded_year | HQ Location |
Provider of an online note-taking tool
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| domain | founded_year | HQ Location |
Notebook interface platform is provided for data access and insights.
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| domain | founded_year | HQ Location |
Software solutions for note-taking and task visualization are provided.
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| domain | founded_year | HQ Location |
Note-taking platform developed for creating and sharing customized documents.
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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 Evernote
Frequently Asked Questions about Evernote
When was Evernote founded?
Evernote was founded in 2004 and raised its 1st funding round 2 years after it was founded.
Where is Evernote located?
Evernote is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
Is Evernote a funded company?
Evernote is a funded company, having raised a total of $266M across 10 funding rounds to date. The company's 1st funding round was a Series D of $85M, raised on Aug 07, 2006.
What is the annual revenue of Evernote?
Annual revenue of Evernote is $62.75K as on Mar 31, 2022.
What does Evernote do?
Provider of a note-taking app for individuals and enterprises. It allows users to capture, organize, and find information across multiple platforms. It also allows users to take notes, clip web pages, add photos using their mobile phones, create to-dos, and record audio. All data is synchronized with its web service and made available to clients on Windows, Mac, Web, and mobile devices. It has added an improved presentation mode and a feature that suggests relevant content from other parts of the web.
Who are the top competitors of Evernote?
Evernote's top competitors include Day One Journal, Roam Research and Craft.
What products or services does Evernote offer?
Evernote offers Evernote App, Web Clipper, and AI Transcribe.
How many acquisitions has Evernote made?
Evernote has made 3 acquisitions, including Mindsmomentum.com, Notablemeals, and Skitch.
Who are Evernote's investors?
Evernote has 14 investors. Key investors include Bending Spoons, T. Rowe Price, Nihon Keizai Shimbun, Allen & Company, and M8 Capital.
What is Evernote's valuation?
The valuation of Evernote is $1B as of May 2012.
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