Evrnu Overview
- Year Founded
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2014
- Status
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Private
- Employees
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18
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$2.75M
- Investors
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25
Evrnu General Information
Description
Developer of regenerative fiber technologies designed to transform textile waste into better-quality fiber sources. The company's technology breaks cotton garment waste down to the molecular level and rebuilds it into new and useful products and features regenerative cellulosic, regenerative polyester, and recoverable stretch among others, enabling garment manufacturers to create a fiber with environmental advantages.
Contact Information
Website
www.evrnu.comCorporate Office
- 2540 Westlake Avenue North
- Suite B
- Seattle, WA 98109
- United States
Corporate Office
- 2540 Westlake Avenue North
- Suite B
- Seattle, WA 98109
- United States
Evrnu Timeline
Evrnu Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 16. Later Stage VC | 21-Jan-2025 | $2.75M | Completed | Generating Revenue | ||
| 15. Debt - General | 12-Nov-2024 | Completed | Generating Revenue | |||
| 14. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 13. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 12. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 11. Later Stage VC | 15-Aug-2023 | Completed | Generating Revenue | |||
| 10. Accelerator/Incubator | 01-Jan-2023 | Completed | Generating Revenue | |||
| 9. Later Stage VC (Series B) | 27-Oct-2021 | Completed | Generating Revenue | |||
| 8. Accelerator/Incubator | 03-Aug-2020 | $600K | $8.34M | Completed | Generating Revenue | |
| 7. Debt - PPP | 11-Apr-2020 | $359K | $7.74M | Completed | Generating Revenue |
Evrnu Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A2 | ||||||||
| Series A1 | 6,739,737 | $1.06 | $1.06 | 1x | $1.06 | 15.09% | ||
| Seed | 8,042,482 | $0.45 | $0.45 | 1x | $0.45 | 18% |
VC Exit Predictor
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Opportunity Score
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Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Evrnu Comparisons
Industry
Financing
Details
Evrnu Competitors (4)
One of Evrnu’s 4 competitors is Ambercycle, a Venture Capital-Backed company based in Los Angeles, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Ambercycle | Venture Capital-Backed | Los Angeles, CA | ||||
| Infinited Fiber | Venture Capital-Backed | Espoo, Finland | ||||
| Worn Again Technologies | Venture Capital-Backed | Nottingham, United Kingdom | ||||
| Ioncell | Accelerator/Incubator Backed | Espoo, Finland |
Evrnu Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Evrnu Patents
Evrnu Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20210381166-A1 | Processing cellulose-containing materials for paper or packaging materials | Inactive | 09-Jun-2020 | ||
| US-20210246581-A1 | Retrieving and repolymerizing textile fibers | Inactive | 06-Feb-2020 | ||
| EP-3328924-A1 | Methods and systems for processing mixed textile feedstock, isolating constituent molecules, and regenerating cellulosic and polyester fibers | Pending | 28-Jul-2015 | ||
| EP-3328924-A4 | Methods and systems for processing mixed textile feedstock, isolating constituent molecules, and regenerating cellulosic and polyester fibers | Pending | 28-Jul-2015 | ||
| US-20160369456-A1 | Methods and systems for processing cellulose-containing materials and isolating cellulose molecules; methods for regenerating cellulosic fibers | Inactive | 17-Apr-2014 | D21H17/74 |
Evrnu Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Evrnu Investors (25)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Tamar Capital | Family Office | Minority | ||
| Unreasonable Impact | Impact Investing | Minority | ||
| Fashion For Good | Accelerator/Incubator | |||
| Bestseller | Corporation | Minority | ||
| For Good Ventures | Venture Capital | Minority |
Evrnu FAQs
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When was Evrnu founded?
Evrnu was founded in 2014.
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Where is Evrnu headquartered?
Evrnu is headquartered in Seattle, WA.
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What is the size of Evrnu?
Evrnu has 18 total employees.
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What industry is Evrnu in?
Evrnu’s primary industry is Synthetic Textiles.
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Is Evrnu a private or public company?
Evrnu is a Private company.
-
What is Evrnu’s current revenue?
The current revenue for Evrnu is .
-
How much funding has Evrnu raised over time?
Evrnu has raised $27M.
-
Who are Evrnu’s investors?
Tamar Capital, Unreasonable Impact, Fashion For Good, Bestseller, and For Good Ventures are 5 of 25 investors who have invested in Evrnu.
-
Who are Evrnu’s competitors?
Ambercycle, Infinited Fiber, Worn Again Technologies, and Ioncell are competitors of Evrnu.
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