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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.
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 5/27/2015 | Series 6 | $20MM raised | $XXX.XX | $XXX.XX |
| 10/18/2013 | Series 5 | $31.5MM raised | $XXX.XX | $XXX.XX |
| 4/20/2012 | Series 4 | $86.3MM raised | $XXX.XX | $XXX.XX |
| 7/13/2011 | Series 3 | $15.26MM raised | $XXX.XX | $XXX.XX |
| 10/19/2010 | Series 2 | $20MM raised | $XXX.XX | $XXX.XX |
| 11/16/2009 | Series 1 | $11MM raised | $XXX.XX | $XXX.XX |
