About Neverware
Neverware is a company based in New York (United States) founded in 2011 was acquired by Google in December 2020.. Neverware has raised $14.25 million across 4 funding rounds from investors including Google, Khosla Ventures and Rethink Capital Partners. Neverware has completed 1 acquisition, including Flint Innovations. Neverware operates in a competitive market with competitors including Kajeet Education Broadband, Education Networks of America, Critical Links, Ximian and Insyde Software, among others.
- Headquarter New York, United States
-
Sectors
TechnologyEducation
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Neverware, Inc
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
Software Development Team
277 people
Sales and Marketing
274 people
Leadership Team
198 people
Product Management Team
165 people
Creative and Marketing Team
126 people
Operations Team
83 people
Senior Team
61 people
Account Team
58 people
Unlock access to complete
Funding Insights of Neverware
Neverware has successfully raised a total of $14.25M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $3.67 million completed in October 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 Funding
- Total Rounds 4
- Last Round Series B — $3.7M
-
First Round
First Round
(20 May 2013)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2017 | Amount | Series B - Neverware | Valuation |
investors |
|
| Oct, 2014 | Amount | Series A - Neverware | Valuation |
investors |
|
| Dec, 2013 | Amount | Series A - Neverware | Valuation | Rethink Capital Partners |
| 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 Neverware
Neverware has secured backing from 9 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Google, Khosla Ventures and Rethink Capital Partners. 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 |
|---|---|---|---|---|
|
Real estate, venture capital investments, and financial services are provided.
|
Founded Year | Domain | Location | |
|
Early-stage technology startups are invested in by Thrive Capital.
|
Founded Year | Domain | Location | |
|
Investment and transformation services for entrepreneurs in technology and finance sectors.
|
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 Neverware
Neverware has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Flint Innovations. 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 |
|---|---|---|---|---|---|
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Linux-based operating system for PCs and Raspberry Pi is developed.
|
2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Neverware
| 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 |
Neverware Comparisons
Competitors of Neverware
Neverware 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 Kajeet Education Broadband, Education Networks of America, Critical Links, Ximian and Insyde Software, 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 |
Platform providing wireless broadband services
|
|
| domain | founded_year | HQ Location |
Technology solutions for education are delivered through connectivity and services.
|
|
| domain | founded_year | HQ Location |
ICT infrastructure for schools with limited connectivity is provided.
|
|
| domain | founded_year | HQ Location |
Application software for Linux and Unix GNOME desktops is developed.
|
|
| domain | founded_year | HQ Location |
Firmware solutions for computing devices are developed by Insyde Software.
|
| 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 Neverware
Frequently Asked Questions about Neverware
When was Neverware founded?
Neverware was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is Neverware located?
Neverware is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Neverware a funded company?
Neverware is a funded company, having raised a total of $14.25M across 4 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on May 20, 2013.
What does Neverware do?
Neverware provides software that eliminates the need to replace desktop computers. Allows schools and businesses to work on the fastest available desktop computer speeds using the hardware they already have. Reduces the cost, labor, energy consumption, and waste currently required by computers in schools. Provides driver support for software up to 8 years old. Works on a freemium model. Provides both B2B and B2C services.
Who are the top competitors of Neverware?
Neverware's top competitors include Kajeet Education Broadband, Critical Links and Ubuntu.
How many acquisitions has Neverware made?
Neverware has made 1 acquisition, including Flint Innovations.
Who are Neverware's investors?
Neverware has 9 investors. Key investors include Google, Khosla Ventures, Rethink Capital Partners, Thrive Capital, and Rapture Labs.