About EverSource
EverSource is a company based in Birmingham (United States) founded in 2017 by Don Murphy.. EverSource has raised $4.45 million across 3 funding rounds. EverSource offers products and services including Financial Planning, Investment Advisory, and Organization Services. EverSource operates in a competitive market with competitors including Focus Financial Partners, Alera Group, Wintrust, Creative Planning and Raymond James, among others.
- Headquarter Birmingham, United States
- Founders Don Murphy
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Eversource Wealth Advisors
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.45 M (USD)
in 3 rounds
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Latest Funding Round
$2 M (USD), Series A
Jan 05, 2021
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Investors
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Employee Count
Employee Count
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Products & Services of EverSource
EverSource offers a comprehensive portfolio of products and services, including Financial Planning, Investment Advisory, and Organization Services. 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.
Service for identifying risks and optimizing balance sheets for clients.
Portfolio analysis with tax-managed strategies and performance monitoring.
Process for document organization and household account aggregation.
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Funding Insights of EverSource
EverSource has successfully raised a total of $4.45M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2 million completed in January 2021. 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 3
- Last Round Series A — $2.0M
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First Round
First Round
(30 Aug 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2021 | Amount | Series A - EverSource | Valuation |
investors |
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| Jan, 2018 | Amount | Series A - EverSource | Valuation |
investors |
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| Aug, 2017 | Amount | Series A - EverSource | 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 |
Investments & Acquisitions by EverSource
| 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 |
Financial Statements - EverSource
| 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 |
Eversource Comparisons
Competitors of EverSource
EverSource 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 Focus Financial Partners, Alera Group, Wintrust, Creative Planning and Raymond James, 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 |
Business consulting services are provided to banks and lending institutions.
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| domain | founded_year | HQ Location |
HR, insurance, and liability services are provided by Alera Group.
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| domain | founded_year | HQ Location |
Bank offering diversified financial services
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| domain | founded_year | HQ Location |
Provider of wealth management services
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| domain | founded_year | HQ Location |
M&A advisory, capital markets, and wealth management services are offered.
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| domain | founded_year | HQ Location |
Provider of wealth management services
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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 Eversource
Frequently Asked Questions about EverSource
When was EverSource founded?
EverSource was founded in 2017.
Where is EverSource located?
EverSource is headquartered in Birmingham, United States. It is registered at Birmingham, Alabama, United States.
Who is the current CEO of EverSource?
Mark Wesson is the current CEO of EverSource.
Is EverSource a funded company?
EverSource is a funded company, having raised a total of $4.45M across 3 funding rounds to date. The company's 1st funding round was a Series A of $2.4M, raised on Aug 30, 2017.
What does EverSource do?
EverSource was established in 2017 as a wealth management firm based in Birmingham, United States. Advisory services for financial planning and investment strategies are offered to individuals and institutions. Operations focus on personalized portfolio management and risk assessment. The company is led by Co-Founder Don Murphy and CEO Mark Wesson, with activities centered in the financial services sector.
Who are the top competitors of EverSource?
EverSource's top competitors include Focus Financial Partners, Alera Group and Raymond James.
What products or services does EverSource offer?
EverSource offers Financial Planning, Investment Advisory, and Organization Services.