Evify Overview
- Year Founded
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2021
- Status
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Private
- Employees
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41
- Latest Deal Type
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Early Stage VC
- Latest Deal Amount
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$1.3M
- Investors
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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.inCorporate Office
- 809-810 Titaanium Business Hub Opposite Akash Empire
- Beside White Temple Bhimrad
- Surat, Gujarat 395017
- India
Corporate Office
- 809-810 Titaanium Business Hub Opposite Akash Empire
- Beside White Temple Bhimrad
- Surat, Gujarat 395017
- India
Evify Timeline
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 |
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% |
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.
Evify Comparisons
Industry
Financing
Details
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 |
Evify Signals
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 |
Evify FAQs
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When was Evify founded?
Evify was founded in 2021.
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Where is Evify headquartered?
Evify is headquartered in Surat, India.
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What is the size of Evify?
Evify has 41 total employees.
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What industry is Evify in?
Evify’s primary industry is Logistics.
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Is Evify a private or public company?
Evify is a Private company.
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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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