Everactive

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Expansion
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Industrial IoT
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Everactive develops batteryless internet of Things (IoT) systems for industrial applications. The company leverages ultra-low-power semiconductor technology that enables IoT devices to operate continuously using only micro-renewable energy harvested from the environment, such as indoor light or small temperature differentials eliminating the need for batteries.

Everactive's self-powered sensors, called Eversensors, are designed for harsh industrial settings and reportedly require up to 1,000x less power than competing circuits. The company's IoT platform includes proprietary energy-harvesting technology, wireless communication protocols, and cloud software to deliver out-of-the-box monitoring solutions. Everactive's initial product offerings focus on steam trap monitoring and machine health monitoring for industrial equipment like motors, pumps, and compressors. In October 2022, Everactive launched its first development kit to allow third-party developers to build their IoT products.

Key customers and partnerships

Everactive caters to the food and beverage, consumer packaged goods, chemical processing, pharmaceuticals, and pulp and paper industries.

As of September 2024, its notable customers included Anheuser-Busch InBev, Colgate-Palmolive, Kraft-Heinz, Merck, 3M, and the US Air Force.

In June 2022, the company partnered with Ubidots, an IoT development platform, to integrate Everactive's batteryless monitoring solutions with Ubidots' visualization and data management tools.


HQ location:
2986 Oakmead Village Ct. Santa Clara CA USA
Founded year:
2012
Employees:
51-100
IPO status:
Private
Total funding:
USD 143.7 mn
Last Funding:
USD 10.9 mn (Series Unknown; Sep 2024)
Last valuation:
-
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