Everflow Limited

Everflow Limited specializes in providing business utilities aimed at improving operational efficiency, focusing on sustainable water supply, waste management, and advanced connectivity services for clients in England and Scotland. Founded in 2015, Everflow Limited operates in Billingham, UK, offering utility services primarily to businesses. The company has secured a total of 3 funding deals, most recently a GROWTH round on May 24, 2022, raising EUR 5. 000 mn from investors including Perwyn.

The total amount raised by the company is EUR 5. 000 mn. The current CEO is Craig Dallison, alongside Josh Gill. The company was recently acquired by Pegasystems Inc.

Everflow provides a suite of business utilities designed to enhance operational efficiency across England and Scotland. Their primary offerings include a 100% carbon offset water supply service, transparent waste management solutions, and high-speed fibre broadband connectivity services. These services are geared towards helping businesses save water, energy, and costs while ensuring customer satisfaction and environmental sustainability. In the most recent year of 2021, Everflow reported a revenue of EUR 109,067,741 and an EBITDA of EUR 2,300,022.

3. Revenue generation is primarily through subscription-based contracts for their utility services, ensuring predictable costs and fostering long-term relationships with clients. Following its recent acquisition by Pegasystems Inc. in May 2022, Everflow plans to utilize the new funding to enhance its product offerings and expand into additional markets.

Specific initiatives include the development of new service lines aimed at furthering its sustainability goals, with targeted launches planned for 2023. The company is also exploring geographic expansion into regions beyond England and Scotland, aiming for a broader presence by 2024.