Evernote was founded in 2007 by Stepan Pachikov. The company has not publicly endorsed a plan to pursue an IPO at this time. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Evernote is a cross-platform note taking app. Since 2011 the company has acquired Readable, Skitch, Notablemeals, MindsMomentum, and Penultimate. Evernote has raised over $270 million in Venture Capital funding from investors such as Nikkei, Kortschak Investments L.P., CBC Capital, Eastlink Capital, and Salesforce Ventures. Recent years have seen the company struggle with declining market share, yet Evernote still retains over 250 million users. Evernote has not been forthcoming about recent post-money valuations, but in 2015 the company was valued at $1.7 billion.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
05/27/2015 | Series 6 | $20MM | $xx.xx | $152.65B | Ame Cloud Ventures, Eastlink Capital, Hillhouse Capital Management, Salesforce Ventures, Slow Ventures | |
Price per Share
$xx.xx
Shares Outstanding
1,250,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ame Cloud Ventures, Eastlink Capital, Hillhouse Capital Management, Salesforce Ventures, Slow Ventures
|
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10/18/2013 | Series 5 | $31.5MM | $xx.xx | $123B | Allen & Company, Cbc Capital, Harbor Pacific Capital, Meritech Capital, New Enterprise Associates, T. Rowe Price Associates | |
Price per Share
$xx.xx
Shares Outstanding
2,423,077
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Allen & Company, Cbc Capital, Harbor Pacific Capital, Meritech Capital, New Enterprise Associates, T. Rowe Price Associates
|
||||||
04/20/2012 | Series 4 | $86.3MM | $xx.xx | $98.58B | Agc Equity Partners, T. Rowe Price, Valiant Capital Partners | |
Price per Share
$xx.xx
Shares Outstanding
7,175,459
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Agc Equity Partners, T. Rowe Price, Valiant Capital Partners
|
||||||
07/13/2011 | Series 3 | $15.26MM | $xx.xx | $24.89B | Morgenthaler Ventures, Sequoia Capital | |
Price per Share
$xx.xx
Shares Outstanding
3,539,606
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
2
Key Investors
Morgenthaler Ventures, Sequoia Capital
|
||||||
10/19/2010 | Series 2 | $20MM | $xx.xx | $10.88B | Docomo Capital, Morgenthaler Ventures, Sequoia Capital, Troika Dialog | |
Price per Share
$xx.xx
Shares Outstanding
10,939,922
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
2
Key Investors
Docomo Capital, Morgenthaler Ventures, Sequoia Capital, Troika Dialog
|
||||||
11/16/2009 | Series 1 | $11MM | $xx.xx | $3.75B | Glynn Capital Management, Morado Venture Partners, Morgenthaler Ventures | |
Price per Share
$xx.xx
Shares Outstanding
11,542,496
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
2
Key Investors
Glynn Capital Management, Morado Venture Partners, Morgenthaler Ventures
|