Evertas Overview
- Year Founded
-
2017
- Status
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Private
- Employees
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17
- Latest Deal Type
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Series A
- Latest Deal Amount
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$14M
- Investors
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33
Evertas General Information
Description
Operator of an insurance company intended to reduce the exposure to crypto-assets-related risk. The company offers compliance and audit, risk assessment, incident management, and asset recovery for the crypto market with complete face-value security, enabling businesses to secure their crypto assets and mitigate transaction risk.
Contact Information
Website
www.evertas.comCorporate Office
- 1 North Wacker Drive
- Suite 3601
- Chicago, IL 60606
- United States
Corporate Office
- 1 North Wacker Drive
- Suite 3601
- Chicago, IL 60606
- United States
Evertas Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Later Stage VC (Series A) | 12-Dec-2022 | $14M | Completed | Generating Revenue | ||
| 4. Seed Round | 25-May-2021 | Completed | Generating Revenue | |||
| 3. Secondary Transaction - Private | 08-Oct-2020 | Completed | Generating Revenue | |||
| 2. Seed Round | 15-Jul-2020 | $2.8M | $3.75M | Completed | Generating Revenue | |
| 1. Seed Round | 30-May-2018 | $950K | $950K | Completed | Generating Revenue |
Evertas Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A | ||||||||
| Seed-1 | ||||||||
| Seed | 6,089,460 | $0.000100 | 6% | $0.9 | $0.9 | 1x | $0.9 | 18.78% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Evertas Comparisons
Industry
Financing
Details
Evertas Competitors (4)
One of Evertas’s 4 competitors is Coincover, a Venture Capital-Backed company based in Cardiff, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Coincover | Venture Capital-Backed | Cardiff, United Kingdom | ||||
| DEIN | Venture Capital-Backed | Panama City, Panama | ||||
| Nexus Mutual | Venture Capital-Backed | London, United Kingdom | ||||
| InsurAce | Venture Capital-Backed | Singapore, Singapore |
Evertas Signals
Evertas Investors (33)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Angel (individual) | ||||
| BIT | VC-Backed Company | Minority | ||
| Bloccelerate | Venture Capital | Minority | ||
| Angel (individual) | Minority |
Evertas Acquisitions (2)
Evertas’s most recent deal was a Merger/Acquisition with Bitsure. The deal was made on 18-Jul-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Bitsure | 18-Jul-2023 | Merger/Acquisition | Commercial/Professional Insurance | ||
| Xago Technologies | 18-Jul-2023 | Merger/Acquisition | Other Financial Services |
Evertas Affiliates
Subsidiaries (2)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Bitsure | Chicago, IL | 2021 | |
| Xago Technologies | Cape Town, South Africa | 2016 |
Evertas FAQs
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When was Evertas founded?
Evertas was founded in 2017.
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Where is Evertas headquartered?
Evertas is headquartered in Chicago, IL.
-
What is the size of Evertas?
Evertas has 17 total employees.
-
What industry is Evertas in?
Evertas’s primary industry is Other Insurance.
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Is Evertas a private or public company?
Evertas is a Private company.
-
What is the current valuation of Evertas?
The current valuation of Evertas is .
-
What is Evertas’s current revenue?
The current revenue for Evertas is .
-
How much funding has Evertas raised over time?
Evertas has raised $23.5M.
-
Who are Evertas’s investors?
, , BIT, Bloccelerate, and are 5 of 33 investors who have invested in Evertas.
-
Who are Evertas’s competitors?
Coincover, DEIN, Nexus Mutual, and InsurAce are competitors of Evertas.
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