About Everspring
Everspring is a company based in Evanston (United States) founded in 2011. It operates as a Professional Services, AI-as-a-Service, and EduTech. Everspring has raised $56.5 million across 4 funding rounds from investors including Carrick Capital Partners and Accretive LLC. Everspring offers products and services including Marketing & Enrollment Growth, Academic Services, and AI Search Strategy. Everspring operates in a competitive market with competitors including Knewton, HotChalk, Avagmah, AcuLearn and CourseSmart, among others.
- Headquarter Evanston, United States
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Sectors
Education
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Phone
*********
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Website
*********
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Social
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- Legal Name Everspring Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$56.5 M (USD)
in 4 rounds
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Latest Funding Round
$3 M (USD), Series B
Nov 12, 2020
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Investors
Carrick Capital Partners
& 1 more
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Employee Count
Employee Count
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Products & Services of Everspring
Everspring offers a comprehensive portfolio of products and services, including Marketing & Enrollment Growth, Academic Services, and AI Search Strategy. 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.
Digital marketing solutions are provided for higher education enrollment.
Academic support and course design are offered for universities.
AI-driven search strategies are developed for student recruitment.
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Funding Insights of Everspring
Everspring has successfully raised a total of $56.5M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $3 million completed in November 2020. 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 — $3.0M
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First Round
First Round
(04 Oct 2013)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2020 | Amount | Series B - Everspring | Valuation |
investors |
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| Jan, 2016 | Amount | Series B - Everspring | Valuation |
investors |
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| Dec, 2014 | Amount | Series A - Everspring | Valuation | Carrick Capital Partners , Accretive |
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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 Everspring
Everspring has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Carrick Capital Partners and Accretive LLC. 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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PE firm invests in the US
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Founded Year | Domain | Location | |
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Tech focused VC firm investing in seed stage companies in the US
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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 Everspring
| 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 - Everspring
| 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 |
Everspring Comparisons
Competitors of Everspring
Everspring 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 Knewton, HotChalk, Avagmah, AcuLearn and CourseSmart, 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 |
Adaptive learning technology is supplied to educational institutions.
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| domain | founded_year | HQ Location |
Provides online degree programs in partnership with universities.
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| domain | founded_year | HQ Location |
Online distance learning MBA certification programs for working professionals
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| domain | founded_year | HQ Location |
Delivers comprehensive educational resources and solutions for online learning platforms.
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| domain | founded_year | HQ Location |
Digital educational materials are distributed by connecting publishers to consumers.
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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 Everspring
Frequently Asked Questions about Everspring
When was Everspring founded?
Everspring was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is Everspring located?
Everspring is headquartered in Evanston, United States. It is registered at Evanston, Illinois, United States.
Who is the current CEO of Everspring?
Beth Hollenberg is the current CEO of Everspring.
Is Everspring a funded company?
Everspring is a funded company, having raised a total of $56.5M across 4 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Oct 04, 2013.
What does Everspring do?
Everspring is focused on delivering innovative EdTech solutions tailored for higher education institutions. Services are provided in digital marketing, enrollment growth, academic support, and AI-driven search strategies. The company operates within the education sector, offering scalable solutions to optimize student recruitment and retention. Predictive analytics and deep expertise are utilized to address complex challenges faced by universities. End-to-end engagement is ensured to support student success and institutional goals. Solutions are designed to maximize resources and deliver measurable results swiftly.
Who are the top competitors of Everspring?
Everspring's top competitors include Knewton, Avagmah and CourseSmart.
What products or services does Everspring offer?
Everspring offers Marketing & Enrollment Growth, Academic Services, and AI Search Strategy.
Who are Everspring's investors?
Everspring has 2 investors. Key investors include Carrick Capital Partners, and Accretive LLC.