Eversight

Palo Alto, United States Founded: 2013 • Age: 13 yrs Acquired By Instacart
SaaS-based promotion software is offered for retail testing.
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About Eversight

Eversight is a company based in Palo Alto (United States) founded in 2013 was acquired by Instacart in September 2022.. Eversight has raised $34.9 million across 4 funding rounds from investors including Instacart, BowX Acquisition Corp and Sutter Hill Ventures. The company has 55 employees as of December 31, 2022. Eversight offers products and services including Promotion Optimization, Everday Price Optimization, and Offer Innovation. Eversight operates in a competitive market with competitors including RetailNext, Trax, Klaviyo, Elastic Path Software and Yotpo, among others.

  • Headquarter Palo Alto, United States
  • Employees 55 as on 31 Dec, 2022
  • Sectors
    Technology
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Retail → Retail Technology & Automation
Retail → E-Commerce Technology & Services
Technology → Cloud, Data & Analytics Infrastructure
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $34.9 M (USD)

    in 4 rounds

  • Latest Funding Round
    $1000 K (USD), Series B

    Jan 04, 2017

  • Investors
    Instacart

    & 3 more

  • Employee Count
    55

    as on Dec 31, 2022

  • Acquired by
    Instacart

    (Sep 01, 2022)

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Products & Services of Eversight

Eversight offers a comprehensive portfolio of products and services, including Promotion Optimization, Everday Price Optimization, and Offer Innovation. 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.

Primary

AI platform for testing and improving promotional strategies

Software for adjusting everyday prices based on data insights

System for generating and recommending promotional offers

People of Eversight
Headcount 50-200
Employee Profiles 6
Employee Profiles
People
Jacob Solotaroff
CTO
People
Alex Nikulkov
Head, Data Science
People
Mike Schorr
Vice President, CPG & Retail Business Development
People
Scott Schober
Vice President of Customer Success

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Funding Insights of Eversight

Eversight has successfully raised a total of $34.9M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $1000 thousand completed in January 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 Rounds 4
  • Last Round Series B — $999,999
  • First Round

    (17 Dec 2013)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2017 Amount Series B - Eversight Valuation Bow Capital
Apr, 2016 Amount Series B - Eversight Valuation Sutter Hill Ventures
Oct, 2014 Amount Series A - Eversight Valuation Emergence Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Eversight

Eversight has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Instacart, BowX Acquisition Corp and Sutter Hill Ventures. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm linking startups to University of California networks.
Founded Year Domain Location
VC firm investing in the US
Founded Year Domain Location
Tech focused Early and growth stage VC firm investing in the US
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Eversight

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Eversight

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Eversight Comparisons

Employees
+
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Competitors of Eversight

Eversight 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 RetailNext, Trax, Klaviyo, Elastic Path Software and Yotpo, 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
In-store customer behavior is tracked and analyzed in real-time.
domain founded_year HQ Location
Cloud-based analytics solutions for retail shelf management are delivered.
domain founded_year HQ Location
SaaS email marketing solutions are offered to e-commerce businesses.
domain founded_year HQ Location
API-based enterprise commerce and content management platform is delivered.
domain founded_year HQ Location
Cloud-based marketing platform for e-tailers
domain founded_year HQ Location
Price intelligence and optimization software is provided for e-commerce retailers.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Eversight

Frequently Asked Questions about Eversight

When was Eversight founded?

Eversight was founded in 2013.

Where is Eversight located?

Eversight is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

Is Eversight a funded company?

Eversight is a funded company, having raised a total of $34.9M across 4 funding rounds to date. The company's 1st funding round was a Series A of $9.7M, raised on Dec 17, 2013.

How many employees does Eversight have?

As of Dec 31, 2022, the latest employee count at Eversight is 55.

What does Eversight do?

Eversight was founded in 2013 and is headquartered in Palo Alto, United States. The company operates in the retail technology sector, delivering SaaS-based software for promotion management. Digital offers are presented to consumers for in-store redemption, facilitating large-scale testing of multiple promotions. Retailers and consumer goods firms utilize the platform to evaluate and select optimized promotion strategies based on real-world data.

Who are the top competitors of Eversight?

Eversight's top competitors include Klaviyo, Trax and CommerceIQ.

What products or services does Eversight offer?

Eversight offers Promotion Optimization, Everday Price Optimization, and Offer Innovation.

Who are Eversight's investors?

Eversight has 4 investors. Key investors include Instacart, BowX Acquisition Corp, Sutter Hill Ventures, and Emergence Capital.

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