About EverQuote
EverQuote is a company based in Cambridge (United States) founded in 2011.. EverQuote has raised $37.57 million across 4 funding rounds from investors including Second Alpha Partners, Link Ventures and Stratim Capital. The company has 331 employees as of December 31, 2024. EverQuote has completed 2 acquisitions, including Crosspointe Insurance Advisors and Policy Fuel. EverQuote operates in a competitive market with competitors including NerdWallet, Insurify, SelectQuote, Jerry and The Zebra, among others.
- Headquarter Cambridge, United States
- Employees 331 as on 31 Dec, 2024
- Stage Public
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Sectors
Transportation, Automotive & LogisticsFinancial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Everquote, Inc.
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Annual Revenue
$500.19 M73.72as on Dec 31, 2024
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Net Profit
$32.17 M162.72as on Dec 31, 2024
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EBITDA
$37.42 M267.35as on Dec 31, 2024
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Total Equity Funding
$37.57 M (USD)
in 4 rounds
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Latest Funding Round
$13 M (USD), Series B
Feb 22, 2017
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Investors
Second Alpha Partners
& 5 more
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Employee Count
331
as on Dec 31, 2024
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Investments & Acquisitions
Crosspointe Insurance Advisors
& 1 more
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IPO & Listings of EverQuote
EverQuote is a publicly listed company on the NASDAQ with ticker symbol EVER in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of EverQuote
EverQuote has successfully raised a total of $37.57M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $13 million completed in February 2017. 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 4
- Last Round Series B — $13.0M
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First Round
First Round
(30 Apr 2015)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2017 | Amount | Series B - EverQuote | Valuation | Second Alpha , Link Ventures | |
| Oct, 2016 | Amount | Series B - EverQuote | Valuation | Savano Capital Partners | |
| Jan, 2016 | Amount | Seed - EverQuote | Valuation |
investors |
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| 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 EverQuote
EverQuote has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Second Alpha Partners, Link Ventures and Stratim Capital. 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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Asset management and venture capital are focused on multiple sectors.
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Founded Year | Domain | Location | |
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Link Ventures is focused on investing in AI startups.
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Founded Year | Domain | Location | |
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Liquidity solutions are provided to private shareholders and 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 EverQuote
EverQuote has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Crosspointe Insurance Advisors and Policy Fuel. 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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Insurance policy sells and marketing solutions for insurers and brokers
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2016 | ||||
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Diversified insurance brokerage services are provided to clients.
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2008 |
| 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.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - EverQuote
| 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 |
Everquote Comparisons
Competitors of EverQuote
EverQuote 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 NerdWallet, Insurify, SelectQuote, Jerry and The Zebra, 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 |
App-based comparison platform for financial products
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| domain | founded_year | HQ Location |
Car insurance quotes are compared via an online platform.
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| domain | founded_year | HQ Location |
Online comparisons of life insurance quotes are facilitated for individuals.
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| domain | founded_year | HQ Location |
AI-powered car insurance comparison platform
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| domain | founded_year | HQ Location |
An online platform for comparing insurance quotes is operated.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Everquote
Frequently Asked Questions about EverQuote
When was EverQuote founded?
EverQuote was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is EverQuote located?
EverQuote is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Is EverQuote a funded company?
EverQuote is a funded company, having raised a total of $37.57M across 4 funding rounds to date.
How many employees does EverQuote have?
As of Dec 31, 2024, the latest employee count at EverQuote is 331.
What is the annual revenue of EverQuote?
Annual revenue of EverQuote is $500.19M as on Dec 31, 2024.
What does EverQuote do?
EverQuote was founded in 2011 and is headquartered in Cambridge, United States. An online platform is maintained in the insurance sector for quote comparisons. Services encompass auto, health, home, life, and additional insurance options. User profiles are established, vehicle details are entered, provider options are evaluated, and licensed agents are linked through the system.
Who are the top competitors of EverQuote?
EverQuote's top competitors include NerdWallet, Insurify and SelectQuote.
Is EverQuote publicly traded?
Yes, EverQuote is publicly traded on NASDAQ under the ticker symbol EVER.
How many acquisitions has EverQuote made?
EverQuote has made 2 acquisitions, including Crosspointe Insurance Advisors, and Policy Fuel.
Who are EverQuote's investors?
EverQuote has 6 investors. Key investors include Second Alpha Partners, Link Ventures, Stratim Capital, Savano Capital Partners, and Oceanic Partners.
What is EverQuote's ticker symbol?
The ticker symbol of EverQuote is EVER on NASDAQ.
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