Everest Labs - About the company
Everest Labs is a series A company based in Fremont (United States), founded in 2018 by Pratik Khadloya. It operates as a Provider of AI-based robots for collecting and sorting recyclable wastes. Everest Labs has raised $26.4M in funding from TransLink Capital. The company has 62 active competitors, including 18 funded and 3 that have exited. Its top competitors include companies like Recycleye, Ampsortation and Ishitva Robotic Systems.
Company Details
Provider of AI-based robots for collecting and sorting recyclable wastes. It offers a robot that can be installed in the sorting stations. It picks up and sorts different types of recyclable waste and its speed can be customized as per the requirement.
- Website
- everestlabs.ai
- Social
- Email ID
- *****@everestlabs.ai
Key Metrics
Founded Year
2018
Location
Fremont, United States
Stage
Series A
Total Funding
$26.4M in 6 rounds
Latest Funding Round
Investors
Ranked
4th among 62 active competitors
Employee Count
49 as on Aug 31, 2026
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Everest Labs's funding and investors
Everest Labs has raised a total funding of $26.4M over 6 rounds. Its first funding round was on Jan 03, 2019. Everest Labs has 9 institutional investors.
Here is the list of recent funding rounds of Everest Labs:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 26, 2025 | 2741530 | Series A | 3185629 | 2336481 | 4327254 | 6449199 |
Sep 05, 2023 | 8534169 | Series A | 6907411 | 3697890 | 8342962 | 5107188 |
Jul 08, 2022 | 1564226 | Series A | 9396074 | 3365781 |
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Everest Labs' founders and board of directors
Founder? Claim ProfileThe founders of Everest Labs is Pratik Khadloya.
Here are the details of Everest Labs' key team members:
- Pratik Khadloya: Co-founder and CTO (Computer Vision / Robotics) of Everest Labs and founder of 2 other companies, TopMunch and Enthuziastic. They serve on the board of 1 company.
View details of Everest Labs's Founder profiles and Board Members
Everest Labs' employee count trend
Everest Labs has 49 employees as of Aug 26. Here is Everest Labs's employee count trend over the years:
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Everest Labs's Competitors and alternates
Top competitors of Everest Labs include Recycleye, Ampsortation and Ishitva Robotic Systems. Here is the list of Top 10 competitors of Everest Labs, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Recycleye 2019, London (United Kingdom), Acquired | Developer of AI-powered robotic waste sorting and analytics equipment solutions | $23.4M | 66/100 | |
2nd |  Ampsortation 2015, Louisville (United States), Series D | Provider of AI-powered automation systems for recycling and waste management | $263M | 58/100 | |
3rd |  Ishitva Robotic Systems 2018, Ahmedabad (India), Seed | AI‑driven robotic and vision‑based sorting systems for waste‑management, recycling, and food‑processing applications | $4.75M | 57/100 | |
4th | Everest Labs 2018, Fremont (United States), Series A | Provider of AI-based robots for collecting and sorting recyclable wastes | $26.4M | 56/100 | |
5th | AMP 2015, Louisville (United States), Series C | AI-based waste sorting robot developer | $178M | 56/100 | |
6th |  ZenRobotics 2004, Helsinki (Finland), Acquired | Provider of AI-powered robotic solutions for waste separation | $17.1M | 51/100 | |
7th | Manufacturer of automated segregation system | $585K | 51/100 | ||
8th |  Glacier 2019, San Francisco (United States), Series A | Provider of AI-based automated waste sorting robots | $28.2M | 50/100 | |
9th |  SmarterX 2015, Boulder (United States), Series B | Provider of software suite solutions for in-store retail businesses | $62.4M | 50/100 | |
10th | Waste Robotic 2016, Trois Rivieres (Canada), Series B | Developer of robotic systems for waste sorting and material recovery | $11.3M | 45/100 |
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Everest Labs's Investments and acquisitions
Everest Labs has made no investments or acquisitions yet.
Reports related to Everest Labs
Here is the latest report on Everest Labs's sector:
News related to Everest Labs
Filter this listMedia has covered Everest Labs for a total of 2 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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EverestLabs Launches Agentic AI Platform for Materials Processing and Recycling FacilitiesAiThority•Aug 24, 2026•Everest Labs
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Innodisk, RealSense, and EverestLabs Partner to Enable Real-Time AI Sorting for Industrial RecyclingEverest Labs•Mar 11, 2026•Everest Labs
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Veolia Adds EverestLabs' AI-Powered Recycling Robotics in First International Deployment APACPR Newswire•Aug 29, 2025•Everest Labs, Veolia
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LRS adopts EverestLabs robotics for aluminum can recovery with CMI fundingThe Robot Report•May 16, 2024•Everest Labs, Lakeshore Recycling
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Caglia Environmental expands its use of robots, AI to PET recoveryEverest Labs•Feb 22, 2024•Everest Labs
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Caglia Environmental launches new recycling robot from EverestLabsEverest Labs•Feb 22, 2024•Everest Labs
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Caglia's new robot sorts PET plastic into three specialized streamsEverest Labs•Feb 21, 2024•Everest Labs
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EverestLabs Harnesses AI Robots To Sort More Recyclables Per MinuteEverest Labs•Jan 23, 2024•Everest Labs
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EverestLabs robot keeps more than 1M aluminum cans out of landfillsEverest Labs•Dec 30, 2023•Everest Labs
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EverestLabs robot keeps more than 1M aluminum cans out of landfillsThe Robot Report•Dec 30, 2023•Everest Labs
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