Evify Overview

  • Year Founded
  • 2021

Year Founded

  • Status
  • Private

  • Employees
  • 41

Employees

  • Latest Deal Type
  • Early Stage VC

  • Latest Deal Amount
  • $1.3M

  • Investors
  • 11

Evify General Information

Description

Developer of an electric fleet management system designed to provide a carbon-negative end-to-end logistics system. The company provides fleet management, driver management, route optimization, battery management system, telematics, financing and loan management, credit risk analysis, and client access to insights and charging stations, enabling clients to access a green and affordable mode of transportation.

Contact Information

Website
www.evify.co.in
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 809-810 Titaanium Business Hub Opposite Akash Empire
  • Beside White Temple Bhimrad
  • Surat, Gujarat 395017
  • India
+91 079988
Primary Industry
Logistics
Other Industries
Business/Productivity Software
Other Commercial Services
Other Transportation
Corporate Office
  • 809-810 Titaanium Business Hub Opposite Akash Empire
  • Beside White Temple Bhimrad
  • Surat, Gujarat 395017
  • India
+91 079988

Evify Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Evify Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Early Stage VC 09-Jan-2024 $1.3M Completed Generating Revenue
2. Seed Round 24-Mar-2023 Completed Startup
1. Seed Round 04-Jul-2022 $104K $104K Completed Startup
To view Evify’s complete valuation and funding history, request access »

Evify Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Pre-Series A CCPS
Preference
Preference 29,598 $0.120107 $3.3 $3.3 1x $3.3 4.27%
To view Evify’s complete cap table history, request access »

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.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

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Evify Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an electric fleet management system designed to provide a carbon-negative end-to-end logistics system. The
Logistics
Surat, India
41 As of 2024

Bengaluru, India
 
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Evify Competitors (1)

One of Evify’s competitors is LetsTransport, a Formerly VC-backed company based in Bengaluru, India.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
LetsTransport Formerly VC-backed Bengaluru, India
You’re viewing 1 of 1 competitors. Get the full list »

Evify Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Evify Investors (11)

Investor Name Investor Type Holding Investor Since Participating Rounds
GVFL Venture Capital Minority
IVY Growth Associates Venture Capital Minority
Piper Serica Advisors Asset Manager Minority
Angel (individual) Minority
Angel (individual) Minority
You’re viewing 5 of 11 investors. Get the full list »

Evify FAQs

  • When was Evify founded?

    Evify was founded in 2021.

  • Where is Evify headquartered?

    Evify is headquartered in Surat, India.

  • What is the size of Evify?

    Evify has 41 total employees.

  • What industry is Evify in?

    Evify’s primary industry is Logistics.

  • Is Evify a private or public company?

    Evify is a Private company.

  • What is the current valuation of Evify?

    The current valuation of Evify is .

  • What is Evify’s current revenue?

    The current revenue for Evify is .

  • How much funding has Evify raised over time?

    Evify has raised $1.63M.

  • Who are Evify’s investors?

    GVFL, IVY Growth Associates, Piper Serica Advisors, , and are 5 of 11 investors who have invested in Evify.

  • Who are Evify’s competitors?

    LetsTransport is a competitor of Evify.

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