About Evernote
Evernote provides a digital workspace platform that helps users organize their notes, tasks, and schedules. It caters to a wide range of clients, including students, professionals, and businesses, by offering tools that improve productivity and focus. The platform operates on a freemium model, allowing users to access basic features for free while offering premium subscriptions for advanced functionalities. These premium features include increased storage, collaboration tools, and integration with other applications. Evernote's main functions include note-taking, task management, and calendar integration, making it a comprehensive tool for managing both daily activities and long-term projects.
Redwood City, CaliforniaHeadquarters
2008Year Founded
$199.4MTotal Funding
SERIES_ECompany Stage
Consumer SoftwareIndustries
201-500Employees
Risks
Competition from Notion threatens Evernote's market share and user base.
Layoffs post-acquisition may lead to instability and reduced innovation.
Testing note limits for free users risks alienating Evernote's user base.
Differentiation
Evernote offers a comprehensive digital workspace for notes, tasks, and schedules.
The platform integrates with popular tools like Gmail for seamless productivity.
Evernote's freemium model attracts a wide range of users with scalable features.
Upsides
Remote work trends boost demand for Evernote's digital workspace solutions.
AI-driven tools can enhance Evernote's productivity features and user experience.
Subscription model popularity supports Evernote's freemium approach, increasing premium conversions.
Funding
Total raised$199.41 M
Latest valuation$1.00 B
StageSERIES_E
SERIES E
10/31/2014$20
$1.00 BSECONDARY
10/31/2012$85
$70
$350.00 MLATE VC
6/30/2011$50
$250.00 MSERIES C
9/30/2010$20
$100.00 MSERIES B
10/31/2009$10
$50.00 MSERIES A
8/31/2009$26
$130.00 MSEED
8/31/2007$3
$15.00 M