Evrnu Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Private

  • Employees
  • 18

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $2.75M

  • Investors
  • 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.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 2540 Westlake Avenue North
  • Suite B
  • Seattle, WA 98109
  • United States
+1 (206)
Primary Industry
Synthetic Textiles
Other Industries
Other Materials
Other Textiles
Environmental Services (B2B)
Vertical(s)
Corporate Office
  • 2540 Westlake Avenue North
  • Suite B
  • Seattle, WA 98109
  • United States
+1 (206)

Evrnu Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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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
To view Evrnu’s complete valuation and funding history, request access »

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%
To view Evrnu’s complete cap table history, request access »

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Opportunity Score

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Exit Type

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Evrnu Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of regenerative fiber technologies designed to transform textile waste into better-quality fiber sources. The
Synthetic Textiles
Seattle, WA
18 As of 2024

Los Angeles, CA
 

Espoo, Finland
 
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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
To view Evrnu’s complete competitors history, request access »

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
To view Evrnu’s complete patent history, request access »

Evrnu Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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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
You’re viewing 5 of 25 investors. Get the full list »

Evrnu FAQs

  • When was Evrnu founded?

    Evrnu was founded in 2014.

  • Where is Evrnu headquartered?

    Evrnu is headquartered in Seattle, WA.

  • What is the size of Evrnu?

    Evrnu has 18 total employees.

  • What industry is Evrnu in?

    Evrnu’s primary industry is Synthetic Textiles.

  • 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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