About EverWash
EverWash is a company based in Philadelphia (United States) founded in 2010 by John Cassady.. EverWash has raised $6 million across 2 funding rounds from investors including Flow Capital and Spring Mountain Capital. EverWash has completed 3 acquisitions, including Coinless, OmniX labs and Omnix International. EverWash operates in a competitive market with competitors including Spiffy, Way, Tommy's Express, Zips Car Wash and Splash Carwash, among others.
- Headquarter Philadelphia, United States
- Founders John Cassady
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Sectors
Transportation, Automotive & LogisticsBusiness Services
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Everwash 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
$6 M (USD)
in 2 rounds
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Latest Funding Round
$6 M (USD), Series B
Mar 02, 2022
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Investors
Flow Capital
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Coinless
& 2 more
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Funding Insights of EverWash
EverWash has successfully raised a total of $6M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $6 million completed in March 2022. 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 2
- Last Round Series B — $6.0M
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First Round
First Round
(23 Sep 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Series B - EverWash | Valuation | Spring Mountain Capital |
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| Sep, 2021 | Amount | Debt – Venture - EverWash | Valuation |
investors |
| 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 EverWash
EverWash has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Flow Capital and Spring Mountain 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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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Provider of venture debt and revenue-based financing solutions tailored for businesses
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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 EverWash
EverWash has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Coinless, OmniX labs and Omnix International. 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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A cloud-based car wash software and payment solution for auto workshops
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2017 | ||||
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A machine learning platform for computer vision applications is provided.
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2017 | ||||
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Omnix International is recognized as a leading provider of digital transformation and technology solutions.
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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.
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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 - EverWash
| 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 |
Everwash Comparisons
Competitors of EverWash
EverWash 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 Spiffy, Way, Tommy's Express, Zips Car Wash and Splash Carwash, 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 |
Spiffy is recognized as a full-stack mobile service platform for the automotive industry.
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| domain | founded_year | HQ Location |
App-based platform to find car parking, auto insurance & car wash services
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| domain | founded_year | HQ Location |
App-based booking of car washing and detailing services is facilitated.
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| domain | founded_year | HQ Location |
Car washing services are booked via an online subscription platform.
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| domain | founded_year | HQ Location |
Provider of car washing 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 Everwash
Frequently Asked Questions about EverWash
When was EverWash founded?
EverWash was founded in 2010 and raised its 1st funding round 11 years after it was founded.
Where is EverWash located?
EverWash is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Who is the current CEO of EverWash?
John Cassady is the current CEO of EverWash. They have also founded this company.
Is EverWash a funded company?
EverWash is a funded company, having raised a total of $6M across 2 funding rounds to date. The company's 1st funding round was a Debt – Venture of $5M, raised on Sep 23, 2021.
What does EverWash do?
EverWash was founded in 2010 in Philadelphia, United States, within the on-demand services sector. An online platform is maintained to partner with car wash owners, enabling users to search and book services in real-time. Monthly membership plans are provided for regular access. Operations are supported by a mobile app available on iOS and Android devices, serving the local geography.
Who are the top competitors of EverWash?
EverWash's top competitors include Way, Spiffy and Tommy's Express.
How many acquisitions has EverWash made?
EverWash has made 3 acquisitions, including Coinless, OmniX labs, and Omnix International.
Who are EverWash's investors?
EverWash has 2 investors. Key investors include Flow Capital, and Spring Mountain Capital.
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