Everactive is a company.
Everactive has raised $97.0M across 4 funding rounds.
Key people at Everactive.
Everactive has raised $97.0M in total across 4 funding rounds.
Everactive has raised $97.0M in total across 4 funding rounds.
Everactive's investors include C4 Ventures, DFJ, Eclipse Ventures, f7 Ventures, G2VP, General Catalyst, GE Ventures, Giant Ventures, Kapor Capital, Ron Bernal, New Enterprise Associates, Obvious Ventures.
Everactive is a deep-tech startup developing batteryless, self-powered Internet of Things (IoT) solutions for industrial environments, using ultra-low-power semiconductors that harvest energy from ambient sources like light, heat, and vibration.[1][3][5] It builds end-to-end systems—including hardware sensors, wireless networks, software, and cloud analytics—to monitor assets like steam traps, motors, pumps, and electrical equipment, serving industries such as oil and gas, manufacturing, paper, and food production.[1][6] These solutions solve the high costs, maintenance burdens, and sustainability issues of battery-powered sensors by enabling continuous, massive-scale data collection for improved efficiency, safety, and operational insights, with a service-based model selling data analytics.[1][5][6] Everactive demonstrates strong growth momentum through deployments in challenging industrial settings, contributions to 5G IoT standards, and a focus on hyperscale Ambient IoT to fuel AI and machine learning with physical-world data.[3][7]
Everactive was founded by MIT alumni Ben Calhoun and David Wentzloff, professors specializing in ultra-low-power electronics, who envisioned scaling IoT to trillions of devices without the environmental nightmare of battery waste—calculating up to 274 million daily replacements even with decade-long battery life.[5][6] The idea emerged from their shared academic background and projections of IoT proliferation, leading them to tackle the full-stack challenge of energy harvesting, networking, radios, and processing for batteryless operation.[5] Mark Nunn joined as CEO, bringing startup and Intel experience, shifting focus to industrial applications with a data-centric business model.[5] Early traction came from building complete solutions like steam trap monitors, evolving from chips to full services with wireless networks and analytics, now powering sensors that last over 20 years with minimal maintenance.[6]
Everactive rides the Ambient IoT and hyperscale sensing wave, capturing physical-world data from trillions of industrial assets to bridge the gap in today's user-generated digital datasets, powering advanced AI/ML models.[3][10] Timing aligns with surging demand for sustainable IIoT amid net-zero pressures, battery waste concerns, and 5G maturation, where traditional sensors fail at scale due to maintenance costs.[5][7] Market forces like industrial digital transformation, energy efficiency mandates, and edge computing favor its batteryless tech, enabling "factory of the future" with 20+ year sensors in sectors like manufacturing and energy.[6] It influences the ecosystem by standardizing low-power IoT, partnering globally, and shifting models from hardware sales to data services, accelerating adoption in battery-constrained environments.[1][5]
Everactive is poised to dominate batteryless IIoT as 5G NR and edge AI scale, expanding from steam traps and machinery to broader Ambient IoT ecosystems with SoC licensing for custom devices.[3][7] Trends like AI-driven predictive maintenance, regulatory sustainability pushes, and hyperscale data needs will propel growth, potentially through partnerships or acquisitions like its past IMS division sale.[4] Its influence may evolve into a foundational IoT enabler, unlocking trillions in untapped industrial data value while redefining scalable, green sensing—turning the battery-less vision into industrial reality.[3][5][10]
Key people at Everactive.
Everactive has raised $97.0M across 4 funding rounds. Most recently, it raised $35.0M Series C in September 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2020 | $35.0M Series C | C4 Ventures, DFJ, Eclipse Ventures, f7 Ventures, G2VP, General Catalyst, GE Ventures, Giant Ventures, Kapor Capital, Ron Bernal, New Enterprise Associates, Obvious Ventures, Marc van den Berg, Social Capital, SOSV, Telstra Ventures, Ulu Ventures, Webtalk Ltd, Charlie Songhurst, Joi Ito | |
| Oct 1, 2017 | $40.0M Venture Round | Deep Fork Capital, Eclipse Ventures, Ron Bernal, New Enterprise Associates, Obvious Ventures, Osage University Partners, Telstra Ventures | |
| Dec 1, 2015 | $17.0M Series B | Deep Fork Capital, Eclipse Ventures, Ron Bernal, New Enterprise Associates, Obvious Ventures, Osage University Partners, Telstra Ventures | |
| Nov 1, 2014 | $5.0M Series A | Deep Fork Capital, Eclipse Ventures, Ron Bernal, New Enterprise Associates, Obvious Ventures, Osage University Partners, Telstra Ventures |
