When was Evergrow founded?

Evergrow was founded in 2021 and raised its 1st funding round within a year of its incorporation.

Where is Evergrow located?

Evergrow is headquartered in San Francisco, United States.

How many employees does Evergrow have?

As of Sep 30, 2026, the latest employee count at Evergrow is 24.

Is Evergrow a funded company?

Evergrow is a funded company, having raised a total of $14M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 10, 2021.

When was the latest funding round of Evergrow?

Evergrow's latest funding was a $***** Seed round on Apr 18, 2023, with participation from 4 investors. Its primary sector is Air Pollution Management Tech. In United States, the Air Pollution Management Tech sector has seen $799M in funding in 2026 to date.

Where does Evergrow rank among its competitors?

Evergrow ranks 40th amongst 162 active competitors, of which 43 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Zefiro Methane, which secured $3.29M in Apr, 2026.

Who are the top competitors of Evergrow?

Evergrow's top competitors include Indigo, Terraformation and ClimeCo. Among them, Zefiro Methane secured the most recent funding round in April, 2026.

Evergrow - 2026 Company Profile, Team, Funding & Competitors

Evergrow is a seed company based in San Francisco (United States), founded in 2021 by Luke Whiting. It operates as a Carbon offtake company. Evergrow has raised $14M in funding from investors like Congruent Ventures, XYZ Venture Capital and First Round Capital. The company has 162 active competitors, including 43 funded and 10 that have exited. Its top competitors include companies like Indigo, Terraformation and ClimeCo.

Company Details

Carbon offtake company. It helps companies and financial institutions buy renewable energy tax credits. It is a carbon off-taker and a capital provider for projects that avoid, capture, or remove carbon emissions. Its applications are in technology, climate, and finance communities.

Website: evergrow.com
Social
Email ID: *****@evergrow.com

Key Metrics

Founded Year

2021

Location

San Francisco, United States

Stage

Seed

Total Funding

$14M in 2 rounds

Latest Funding Round

Seed, Apr 18, 2023, $*****

Investors

Congruent Ventures & 14 more

Ranked

40^th among 162 active competitors

Employee Count

24 as on Sep 30, 2026

Similar Companies

Varaha & 743 more

View Evergrow's full profile

Evergrow is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
EVERGROW INC. CIN: 871684330 , United States, Active	Feb 11, 2021	-	10 (As on Dec 31, 2024)	-

Evergrow has raised a total funding of $14M over 2 rounds. Its first funding round was on Nov 10, 2021. Its latest funding round was a Seed round on Apr 18, 2023 for $*****. 4 investors participated in its latest round. Evergrow has 8 institutional investors and 7 angel investors.

Here is the list of recent funding rounds of Evergrow:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 18, 2023	5906287	Seed	9718508	2484949	8359622	9614562
Nov 10, 2021	1284482	Seed	7178585	1787918	XYZ Venture Capital & 1 more	Skyview Ventures & 9 more

Access funding benchmarks and valuations. Sign up today!

View details of Evergrow's funding rounds and investors

The founders of Evergrow is Luke Whiting.

Here are the details of Evergrow's key team members:

Luke Whiting: Former Co-Founder of Evergrow.

View details of Evergrow's Founder profiles and Board Members

Evergrow's employee count trend

Evergrow has 24 employees as of Sep 26. Here is Evergrow's employee count trend over the years:

Uncover Evergrow's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Evergrow include Indigo, Terraformation and ClimeCo. Here is the list of Top 10 competitors of Evergrow, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Indigo 2013, Boston (United States), Series G	Provider of biological and sustainability solutions for the agriculture industry	$1.4B	Flagship Pioneering, Baillie Gifford & 26 others	73/100
2nd	Terraformation 2020, Ocean View (United States), Series A	Provider of data-driven solutions and technology to support ecosystem restoration	$35.1M	Climate Capital, Kayak Ventures & 15 others	66/100
3rd	ClimeCo 2011, Boyertown (United States), Series A	Provider of environmental project development and management services	$50M	The Heritage Group, Warburg Pincus	61/100
4th	Carbon Direct 2019, New York (United States), Series C	Provider of science-backed carbon management solutions for emission reduction and removal	$60.8M	Decarbonization Partners, Impact Engine & 2 others	61/100
5th	Pachama 2018, Sausalito (United States), Acquired	Develops technological solutions for the protection and restoration of the forests	$88.2M	Breakthrough Energy, Serena Ventures & 51 others	61/100
6th	CNaught 2022, San Francisco (United States), Seed	Provider of carbon offset API management platform	$6.75M	Greycroft, Bow Capital & 6 others	58/100
7th	Zefiro Methane 2022, Fort Lauderdale (United States), Public	Offering solutions to reduce methane emissions from orphaned and abandoned oil wells	$1.36M	-	57/100
8th	Fastr 2006, Boston (United States), Series C	AI-enhanced digital experience composition platform built for ecommerce leaders, empowering them to optimize every ecommerce experience	$27.9M	OpenView, Northcap Partners & 3 others	55/100
9th	Lendable 2015, New York City (United States), Series A	Provider of working capital loans	$3.5M	BIO Invest, Fenway Summer Ventures & 2 others	54/100
10th	Ygrene Energy Fund 2009, Petaluma (United States), Series C	Provider of an online platform for clean energy financing	$155M	Virgo, New Energy Capital & 2 others	53/100
40th	Evergrow 2021, San Francisco (United States), Seed	Carbon offtake company	$14M	First Round Capital, XYZ Venture Capital ... & 13 others	38/100