About EVRY
EVRY is a company based in Fornebu (Norway) founded in 1962 was acquired by TietoEVRY in June 2019.. The company has 1,114 employees as of April 06, 2024. EVRY has completed 4 acquisitions, including Icecon, NetRelations US and SPAN. EVRY offers products and services including IT Services and Digital Technologies. EVRY operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Fornebu, Norway
- Employees 1114 as on 06 Apr, 2024
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Sectors
Technology
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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 Evry India Private Limited
- Date of Incorporation 03 Apr, 2006
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$31.25 M (USD)23.02as on Mar 31, 2023
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Net Profit
$4.46 M (USD)-25.62as on Mar 31, 2023
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EBITDA
$6.47 M (USD)-9.93as on Mar 31, 2023
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Latest Funding Round
$478.19 K (USD), Grant
Jan 01, 2017
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Investors
TietoEVRY
& 1 more
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Employee Count
1114
as on Apr 06, 2024
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Investments & Acquisitions
Icecon
& 3 more
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Acquired by
TietoEVRY
(Jun 18, 2019)
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Products & Services of EVRY
EVRY offers a comprehensive portfolio of products and services, including IT Services and Digital Technologies. 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.
Provides IT solutions for banking and healthcare sectors
Delivers AI and IoT for patient engagement and automation
Unlock access to complete
Funding Insights of EVRY
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $478,192
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First Round
First Round
(01 Mar 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2017 | Amount | Grant - EVRY | Valuation |
investors |
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| Mar, 2015 | Amount | Grant - EVRY | 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 EVRY
EVRY has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include TietoEVRY and European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Provider of software, digital engineering, and IT services for various industries
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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 EVRY
EVRY has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Icecon, NetRelations US and SPAN. 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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eCommerce solutions, mobile app development, and design services are provided.
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2000 | ||||
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Software development and system integration services are provided by SYSteam.
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1996 | ||||
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Software services are provided through offshore centers in India.
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1994 |
| 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 - EVRY
| 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 |
Evry Comparisons
Competitors of EVRY
EVRY 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 UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, 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 |
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| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
IT and management consultancy services are provided globally.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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 Evry
Frequently Asked Questions about EVRY
When was EVRY founded?
EVRY was founded in 1962 and raised its 1st funding round 53 years after it was founded.
Where is EVRY located?
EVRY is headquartered in Fornebu, Norway.
How many employees does EVRY have?
As of Apr 06, 2024, the latest employee count at EVRY is 1,114.
What is the annual revenue of EVRY?
Annual revenue of EVRY is $31.25M as on Mar 31, 2023.
What does EVRY do?
Founded in 1962 and headquartered in Fornebu, Norway, EVRY operates as a multinational IT firm. Focus is placed on sectors such as financial services, healthcare, manufacturing, and public administration. Services encompass infrastructure management, consulting, application support, business intelligence, cloud solutions, and digital transformation initiatives. Operations extend across Europe, serving clients including Nestor Cables, Laerdal Medical, and Statoil.
Who are the top competitors of EVRY?
EVRY's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
What products or services does EVRY offer?
EVRY offers IT Services and Digital Technologies.
How many acquisitions has EVRY made?
EVRY has made 4 acquisitions, including Icecon, NetRelations US, and SPAN.
Who are EVRY's investors?
EVRY has 2 investors. Key investors include TietoEVRY, and European Union.