EVERFI Overview
- Year Founded
-
2008
- Status
-
Acquired/Merged
- Employees
-
539
- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$744M
EVERFI General Information
Description
Developer of a digital learning software designed to help organizations to instill knowledge around critical topics. The company's software delivers engaging digital resources free of charge that allows teachers to equip students with critical skills for success beyond the classroom as well as engages with learners on issues including financial literacy, STEM, diversity, and inclusion, enabling individuals to gain skills needed to be successful in life.
Contact Information
Website
www.everfi.com(Operating Subsidiary)
Corporate Office
- 2300 North Street Northwest
- Suite 410C
- Washington, DC 20037
- United States
Corporate Office
- 2300 North Street Northwest
- Suite 410C
- Washington, DC 20037
- United States
EVERFI Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
11. Merger/Acquisition | 31-Dec-2021 | $744M | 00000 | 00000 | Completed | Profitable |
10. Secondary Transaction - Private | 00000 | Completed | Profitable | |||
9. Secondary Transaction - Private | 00000 | Completed | Profitable | |||
8. Debt Refinancing | 26-Apr-2018 | 0000 | 00000 | Completed | Profitable | |
7. Secondary Transaction - Private | 00000 | Completed | Profitable | |||
6. Later Stage VC (Series D) | 26-Apr-2017 | 00000 | 00000 | 00000 | Completed | Profitable |
5. Later Stage VC (Series C) | 27-Jul-2016 | 0000 | 000.00 | 00000 | Completed | Profitable |
4. Early Stage VC (Series B) | 14-Aug-2012 | 0000 | 000.00 | 000.00 | Completed | Generating Revenue |
3. Early Stage VC | 07-Apr-2011 | $1.03M | $11.6M | 000.00 | Completed | Generating Revenue |
2. Early Stage VC (Series A) | 02-Sep-2010 | $10.6M | $10.6M | 000.00 | Completed | Generating Revenue |
EVERFI Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series D | 00,000,000 | 00.000000 | 000.00 | 000.00 | 00 | 000.00 | 00.000 | |
Series C | 0,000,000 | 00.000000 | 00.0 | 00.0 | 00 | 00.0 | 00.000 | |
Series B | 0,000,000 | 00.000000 | 000 | 00.0 | 00.0 | 00 | 00.0 | 0.000 |
Series A | 7,700,000 | $0.001000 | 10% | $2 | $2 | 1x | $2 | 16.43% |
Junior Preferred | 251,616 | $0.001000 | 10% | $4.1 | $4.1 | 1x | $1 | 2.2% |
EVERFI Comparisons
Industry
Financing
Details
EVERFI Competitors (39)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Edmentum | Private Equity-Backed | Bloomington, MN | 0000 | 00.000 | 000000000 | 00.000 |
Fullbridge | Venture Capital-Backed | Boston, MA | 00 | 000.00 | 000000 - 000 | 000.00 |
Skillshare | Venture Capital-Backed | New York, NY | 000 | 00000 | 00000000000 | 00000 |
Cognotion | Venture Capital-Backed | New York, NY | 0 | 00.000 | 000000000000 | 00.000 |
Echo360 | Private Equity-Backed | Youngstown, OH | 00 | 0000 | 000000000 00 | 0000 |
EVERFI Executive Team (63)
Name | Title | Board Seat |
---|---|---|
Thomas Davidson | Co-Founder, Chief Executive Officer & Board Member | |
Ellen Patterson | Co-President & Chief Impact Officer | |
Ray Martinez | Co-Founder & Co-President | |
Dale Strange | Co-President & Chief Operating Officer |
EVERFI Board Members (10)
Name | Representing | Role | Since |
---|---|---|---|
Thomas Davidson | EVERFI | Co-Founder, Chief Executive Officer & Board Member | 000 0000 |
EVERFI Signals
EVERFI Former Investors (20)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Advance Publications | PE/Buyout | Minority | 000 0000 | 000000 0 |
Allen & Company | Investment Bank | Minority | 000 0000 | 000000 0 |
Bezos Expeditions | Family Office | Minority | 000 0000 | 000000 0 |
Eric Schmidt | Angel (individual) | Minority | 000 0000 | 000000 0 |
Evan Williams | Angel (individual) | Minority | 000 0000 | 000000 0 |
EVERFI Acquisitions (4)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
EdComs | 02-Oct-2019 | 0000000000 | Education and Training Services (B2B) | 000000 00 | |
Workplace Answers | 20-Apr-2017 | 0000000000 | Education and Training Services (B2B) | 000000 00 | |
Lawroom.com | 20-Jul-2016 | 0000000000 | Educational and Training Services (B2C) | 000000 00 | |
Outside The Classroom | 30-Mar-2011 | Merger/Acquisition | Educational and Training Services (B2C) |
EVERFI FAQs
-
When was EVERFI founded?
EVERFI was founded in 2008.
-
Who is the founder of EVERFI?
Thomas Davidson, Ray Martinez, and Jonathan Chapman are the founders of EVERFI.
-
Who is the CEO of EVERFI?
Thomas Davidson is the CEO of EVERFI.
-
Where is EVERFI headquartered?
EVERFI is headquartered in Washington, DC.
-
What is the size of EVERFI?
EVERFI has 539 total employees.
-
What industry is EVERFI in?
EVERFI’s primary industry is Educational Software.
-
Is EVERFI a private or public company?
EVERFI is a Private company.
-
What is the current valuation of EVERFI?
The current valuation of EVERFI is 00000.
-
What is EVERFI’s current revenue?
The current revenue for EVERFI is 00000.
-
How much funding has EVERFI raised over time?
EVERFI has raised $252M.
-
Who are EVERFI’s investors?
Advance Publications, Allen & Company, Bezos Expeditions, Eric Schmidt, and Evan Williams are 5 of 20 investors who have invested in EVERFI.
-
Who are EVERFI’s competitors?
Edmentum, Fullbridge, Skillshare, Cognotion, and Echo360 are some of the 39 competitors of EVERFI.
-
When was EVERFI acquired?
EVERFI was acquired on 31-Dec-2021.
-
Who acquired EVERFI?
EVERFI was acquired by Blackbaud.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »