Evernote

Evernote

Digital workspace for notes, tasks, calendars

Overview

Evernote is a digital workspace platform that helps individuals and businesses organize notes, tasks, and schedules. It works by providing note-taking, task management, and calendar integration in one place, with a freemium model that lets users access basic features for free and pay for premium subscriptions that unlock more storage, collaboration tools, and integration capabilities. Compared with competitors, Evernote combines a broad set of organizing features (notes, tasks, and calendar) in a single platform and serves a wide range of users from students to enterprises, with a focus on helping users stay organized and productive. The company's goal is to help people manage daily activities and long-term projects more efficiently by centralizing information and work in one digital space.

About Evernote

Simplify's Rating
Why Evernote is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Differentiation

Industries

Consumer Software

Enterprise Software

Company Size

51-200

Company Stage

Series E

Total Funding

$290M

Headquarters

Redwood City, California

Founded

2008

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Simplify's Take

What believers are saying

  • Free plan limits to 50 notes upsell premium subscriptions.
  • Bending Spoons' 100M users enable cross-promotion growth.
  • Global offices in 7 countries aid talent recruitment.

What critics are saying

  • Notion erodes enterprise share with superior databases.
  • OneNote captures free users via unlimited storage.
  • Bending Spoons cuts 75% staff post-acquisitions.

What makes Evernote unique

  • v11 launches AI Assistant with OpenAI on January 19, 2026.
  • Semantic Search enables natural language queries across platforms.
  • AI Meeting Notes transcribes and summarizes multi-speaker meetings.

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Funding

Total Funding

$290M

Meets

Industry Average

Funded Over

9 Rounds

Series E funding typically includes additional rounds after Series D if the company needs more capital. The business is usually stable, and these rounds are typically used for further expansion or to address market challenges.
Series E Funding Comparison
Below Average

Industry standards

$100M
$20M
Evernote
$245M
Stripe
$250M
Reddit
$1.3B
Epic Games
$1.5B
Airbnb

Company News

Business Wire
Jan 19th, 2026
Evernote launches v11 with AI Assistant, Semantic Search, and AI Meeting Notes after five years

Evernote has released v11, its first major product update in five years, introducing three AI-powered features: AI Assistant, Semantic Search, and AI Meeting Notes. The update marks a significant milestone under Bending Spoons' ownership, following over 250 feature releases since 2024. AI Assistant, developed with OpenAI, enables conversational interaction with notes through a chat interface. Semantic Search allows natural language queries without exact keyword matching. AI Meeting Notes records, transcribes and summarises meetings with multi-speaker support. The update also includes improvements to core functions and a refreshed brand identity. Individual AI features can be enabled or disabled through settings. AI Assistant is available on desktop and web, while Semantic Search and AI Meeting Notes are accessible across all platforms. Version 11 began rolling out on 19 January 2026.

Warp2Search
Oct 7th, 2025
Evernote 10.157.3 released

Evernote has recently released version 10.157.3, enhancing its functionality as a comprehensive note management application.

Dave Edwards Media
Jun 2nd, 2025
Evernote Updates: Standard Fonts, Text-To-Voice & Search

Evernote has introduced a beta feature that converts text into AI-generated voice.

Warp2Search
May 22nd, 2025
Evernote 10.138.6 released

Evernote has recently released version 10.138.6 of its note management application, which serves as a comprehensive tool for organizing, inputting, and retrieving a diverse array of notes and clippings.

D. Allison Lee
Dec 14th, 2024
7 Time-Saving Evernote Features to Boost Your Productivity

Evernote has been hard at work introducing new features that save time and make staying organized even simpler.

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