Overview

Everstream Analytics provides predictive insights and risk analytics to enhance global supply chain management for businesses. Their technology enables companies to foresee potential disruptions and make informed decisions, which can lead to significant cost savings and improved operational performance. By focusing on businesses with global supply chains, Everstream helps clients reduce expedited freight costs, improve on-time delivery, and minimize revenue losses due to disruptions. A key differentiator for Everstream is its ability to quickly identify and assess the impact of potential disruptions, allowing for timely strategic responses. The company's goal is to optimize supply chains to be faster, smarter, leaner, and more sustainable, while also offering resources like blogs and webinars to educate clients on supply chain complexities and provide carbon supply chain metrics for environmental accountability.

Simplify's Take

What believers are saying

• Everstream's AI-powered insights help clients anticipate disruptions and save significant costs.
• The company was recognized as a 2024 Top Tech Startup for Climate Risk innovation.
• Everstream's services lead to improved on-time performance and reduced revenue losses from disruptions.

What critics are saying

• Emerging startups with similar AI solutions could dilute Everstream's market share.
• Rapid technological advancements may render Everstream's current solutions obsolete.
• Data privacy concerns could impact Everstream's ability to collect and analyze data effectively.

What makes Everstream Analytics unique

• Everstream Analytics offers real-time global risk monitoring for supply chains.
• The company integrates risk analytics into decision-making across all supply chain phases.
• Everstream provides carbon supply chain metrics for environmental benchmarking and cost analysis.

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Funding

Total Funding

$79M

Above

Industry Average

Funded Over

3 Rounds

$50,000,000

Series B

Apr 2023

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.

Series B Funding Comparison

Above Average

Industry standards

Ind Avg. $35M

$4M

$30M

$45M

$50M

$65M

$100M

View all funding stages