Eversight, Inc.

Eversight, Inc. specializes in revenue optimization through a sophisticated Software Suite that enhances pricing strategies and promotional offers by integrating real-time insights and historical data for various organizational teams. Founded in 2013 and headquartered in Palo Alto, US, Eversight, Inc. offers innovative solutions for revenue management.

The company was co-founded by David Moran and Jamie Rapperport, who have experience in building technology solutions. Eversight raised a total of USD 14. 120 mn in its Series A funding round, led by Sutter Hill Ventures and including Emergence Capital Partners. The latest funding was completed on September 1, 2022, contributing to a current company valuation of USD 50.

787 mn. Eversight offers a comprehensive Software Suite designed for continuous revenue optimization across various teams within an organization, including Revenue Management, Trade Marketing, Sales, Pricing, and Merchant teams. The software harmonizes disparate datasets and integrates historical data with current experimental insights, allowing businesses to conduct automated testing of pricing strategies and promotional offers with real shoppers. Eversight serves a diverse clientele, including major brands in the Consumer Packaged Goods sector, focusing on personal care, beverages, and confectionery, across North America and select international markets.

Eversight operates on a subscription-based revenue model, allowing organizations to access advanced pricing and promotion optimization tools. This model fosters flexible partnerships, enabling clients to customize their engagement based on specific needs. The company provides extensive support to help customers enhance their promotion planning and overall revenue management strategies. While specific pricing details are not disclosed, Eversight's model emphasizes long-term collaborations, with significant relationships established with major CPG companies, enhancing their revenue optimization efforts.

In September 2022, Eversight was acquired by Maplebear Inc. , which plans to leverage the company’s capabilities for developing new individualized and customized pricing tools, enhancing customer promotions and pricing strategies. The recent funding will focus on these upcoming features, aiming to expand Eversight's market presence and further develop its product offering. Plans for market expansion are targeted towards additional regions in North America and potential growth into Europe within the next two years.